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12055 Jefferson Blvd
Culver City, CA 90230

4-unit in Culver City, Highest CAP Rate · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 1,530 SF
Average Occupancy 90%
No. Stories 2
Year Built/Renovated 1957/2017
Parking Ratio 3.27/1,000 SF

SITE AMENITIES

  • Controlled Access
  • Laundry Facilities
  • Furnished Units Available

ABOUT 12055 JEFFERSON BLVD , CULVER CITY, CA 90230

The Growth Investment Group is pleased to present 12055 Jefferson Blvd, Culver City. The property is an upgraded 4 unit apartment in the heart of Playa Vista. Located directly across the street from the Playa Vista Campus, Youtube, Google Spruce Goose Hanger, Belkin International, and walking distance to Whole Foods and the Playa Vista Runway, this cute property offers a turnkey investment for first time apartment buyer or even an owner user who can occupy one of the unit. This prime property is minutes away from Silicon Beach, Loyola Marimount University, LAX, the beach and major freeways. The unit mix is perfect for young professionals; it offers 2 x 1bed+1bath and 2 x studio units. It has a LA-C2 zoning which provides flexibility to be operated as apartment, commercial office or other allowed use. All the units have been upgraded with high-end designer upgrades. Three of the units are being sold fully furnished. Owner has been running the current vacant studio unit as AirBNB and recently leased this studio unit on a short term lease for $2500/month. This unit can be delivered vacant for an owner/user. Amenities include 5 parking spaces, coin operated washer and dryer room that generates additional income, electronic door locks, very low maintenance landscaping, copper plumbing, courtyard fountain, and on-site storage. The property is in an excellent demographics with ±$146k average household income within a mile radius.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - -
1+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4220-008-049
Land Assessment
$1,179,420
Improvements Assessment
$455,685
Total Assessment
$1,635,105

ZONING

Zoning Code C2
C2
  • Listing ID: 17531748

  • Date on Market: 10/23/2019

  • Last Updated:

  • Address: 12055 Jefferson Blvd, Culver City, CA 90230

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