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    2827 S Corning Street

    Los Angeles (City), CA 90034
    • $2,100,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 21768050
    $2,100,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    LOCATION! LOCATION! LOCATION! Rare opportunity! 4-plex with 9BDR/7BA. Great development potential for 3-car garage into ADU for added income. Close to everything! Walk or bike to Culver City and Helms Bakery, new restaurants, galleries, shopping and events. Blocks from Culver City Metro station, Platform LA, and the new Cumulus District. Santa Monica, Venice Beach and DTLA are close and convenient outings. Convenient proximity to 10 FWY and Venice Blvd. Neighborhood is very hot right now and trending upward with new developments and remodels. Property has been very well maintained and has many upgrades including complete remodel of some units. Studio unit (540 sqft) was just remodeled and fully furnished-currently being used as a short-term rental but can be delivered vacant. On site laundry provides additional income. Lot has extra space for additional parking. Hard to find cash flow with major upside!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
    www.buysocal.homes/homes/119992063
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    2827 S Corning Street Los Angeles (City), CA 90034

    • Price: $2,100,000
    • Status: Active
    • ID#: 21768050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1963
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    LOCATION! LOCATION! LOCATION! Rare opportunity! 4-plex with 9BDR/7BA. Great development potential for 3-car garage into ADU for added income. Close to everything! Walk or bike to Culver City and Helms Bakery, new restaurants, galleries, shopping and events. Blocks from Culver City Metro station, Platform LA, and the new Cumulus District. Santa Monica, Venice Beach and DTLA are close and convenient outings. Convenient proximity to 10 FWY and Venice Blvd. Neighborhood is very hot right now and trending upward with new developments and remodels. Property has been very well maintained and has many upgrades including complete remodel of some units. Studio unit (540 sqft) was just remodeled and fully furnished-currently being used as a short-term rental but can be delivered vacant. On site laundry provides additional income. Lot has extra space for additional parking. Hard to find cash flow with major upside!
    Exterior Features

    Architectural Style Traditional Construction Materials Stucco Direction Faces South Entry Location Main Level Parking Features Door-MultiDrivewayGarageOn Street Parking Total 3 Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas CooktopDisposalGas OvenMicrowaveRefrigerator Fireplace Features None Fireplace YN No Flooring CarpetWood Heating Wall Furnace Heating YN Yes

    Property Features

    Disclosures Rent Control Garage YN Yes Gross Income 127779 Insurance Expense 2400 Laundry Features Common Area Levels Two Listing Agreement Seller Reserved Listing Service Full Service Maintenance Expense 3436 Net Operating Income 85779 New Taxes Expense 25200 Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 127779 Trash Expense 2902 Vacancy Allowance Rate 0 Water Sewer Expense 2901 Zoning Lard1.5

    Listing provided courtesy of Andrew Watkins of Keller Williams Silicon Beach


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Kohler Group | Zutila. Licensed in the State of California, USA.
     
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    The Kohler Group | Zutila
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    Irvine CA, 92604