Exciting opportunity to own half a block of high quality residential income property in the heart of Culver City. This property offers both immediate, market rate cash flow, and potential future expansion and upside. Row of historic MGM Spanish bungalow units provides a diversified mix, including a studio, a 1-br, and a completely remodeled and expanded 2 br, 2-bath unit with large guest suite and half bath over garage. Includes 4 individual garages, and 4 additional driveway spaces. The 1-bedroom unit has charming 1920's architecture, barreled ceilings, wood floors and a cool period fireplace. The 2 br unit is over 1500 sqft of custom finishes, and includes a gorgeous kitchen with high end appliances and countertops. Studio and 1-br units are occupied at current market rents, 2 br unit to be delivered vacant. Enjoy strong income while participating in the Culver City boom, as Apple, Amazon, Google, HBO and other major employers move into the area and create high demand for housing.
Courtesy of Rodeo Realty - Beverly Hills, Tamar Asken.
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