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For SaleLuxury

$3,500,000

7,453 sqft$470/sqft17 days on market

2533 S Spaulding Avenue

Los Angeles, CA 90016

· 8% down, 7% APR, 30yr fixed

18

Beds

18

Baths

7,453

Square feet

2024

Built

Listing narrative

Description

Four unit new construction income property in an amazing Culver City adjacent location just minutes from Downtown Culver City and the Cumulus District. 7,453 square feet of modern and luxurious living space with total of 18 bedrooms, 18 bathrooms, 10 parking spaces in a gated lot, plus multiple balconies and private backyard. Non rent-control property. Conveniently located near major transportation hubs but also nestled within a surprisingly quiet residential neighborhood. All 4 units are currently leased by a single long term tenant with gross monthly rent of $21,700 ($260,400 per year) and minimal expenses, providing a current Cap Rate over 6%! Seller financing is available at market rates and terms.

Listing agent (MLS): Kia Hamadani · Listing brokerage (MLS): Hamadani Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,500,000

Beds

18 bd

Type

House

Home Size

7,453 sqft

Baths

18

Lot Size

0.14 acres

Year

2024

Status

For Sale

Days on Market

17

$ / Sqft

$470

· 8% down, 7% APR, 30yr fixed
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Courtesy of Hamadani Realty