3423 Caroline Avenue

Culver City, CA 90232

$1,850,000
Price
11
Beds
8
Baths
4,994 Sq. Ft.
$370 / Sq. Ft.
4,994
Sq. Ft.
$370
per Sq. Ft.

Description

Welcome to a 4-unit income property located in the highly desirable Culver City neighborhood nestled in a quiet cul-de-sac. Potential income is about $17,500/month. There are 3 LARGE units which are 3 bedrooms and 2 bathrooms each featuring a primary suite and a guest hallway bathroom. One unit is a 2 bedrooms and 1.5 bath. All units are well-maintained and updated with tile and laminate flooring throughout featuring large closet with plenty of storage space. Property has a total of four gas, four...Welcome to a 4-unit income property located in the highly desirable Culver City neighborhood nestled in a quiet cul-de-sac. Potential income is about $17,500/month. There are 3 LARGE units which are 3 bedrooms and 2 bathrooms each featuring a primary suite and a guest hallway bathroom. One unit is a 2 bedrooms and 1.5 bath. All units are well-maintained and updated with tile and laminate flooring throughout featuring large closet with plenty of storage space. Property has a total of four gas, four electric, and one water meter. All units share a total of 6 parkings slots and a community laundry room open for tenant use. Major attractions nearby include Downtown Culver City, Sony Studios, Warner Brothers Discovery along with notable companies such as Amazon, Apple and Google. Metro Expo Line provides convenient and reliable form of transportation through Los Angeles. Income Property is centrally located to world renown Venice, Marina Del Rey, Santa Monica, and Manhattan Beach and highly accessible to the 405 and 10 freeways.
  1. Listed by Sarah Bui • DRE #02054565 • Brokerage DRE #01897290 • Luxre Realty, Inc. • 408-600-5718

Property Details for 3423 Caroline Avenue

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4994
LISTING UPDATED: 09/29/2024 10:21 PM

Property Details for 3423 Caroline Avenue

StatusActive
MLS #PW24150807
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.15 AC / 6,421 SF
CountyLos Angeles County

Building Information for 3423 Caroline Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.15 AC / 6,421 SF

Property Information for 3423 Caroline Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $104,532
  • Gross Scheduled Income: $104,532
  • Net Operating Income: $97,452
  • Current Financing: None
Expense Details
  • Operating Expense: $7,080
  • Insurance Expense: $500
  • Trash Expense: $325
  • Water Sewer Expense: $325
  • Total Expenses: $7,080
Tax / Assessment Info
  • Tax Tract Number: 702...
  • Tax Census Tract: 7024.00
  • CFD/Mello-Roos Fee: $4,861
  • Tax Lot: 58
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: Open Floorplan
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Inside, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Tile, Vinyl
Exterior Features
  • Entry Location: Front
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 4650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,163
  • Unit Type Total Rent: $2,163
  • Unit Type Pro Forma: 4650
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,348
  • Unit Type Total Rent: $2,348
  • Unit Type Pro Forma: 4650
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 3423 Caroline Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3423 Caroline Avenue

Taxable ValueLand$1,356,600Additions$459,000Total$1,815,600
Tax Record2024$25,547 ($2,129 / month)
Home Facts
Total Finished SqFt4,994 SqFtAbove Grade Finished SqFt4,994 SqFtLot Size6,419 SqFtStyleQuadraplexYear Built1964ZoningCCR4*CountyLOS ANGELESAPN4312-026-012

Schools near 3423 Caroline Avenue

This home is within Culver City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Linwood E. Howe Elementary School
PublicK to 5

Culver City Middle School
Public6 to 8

Culver City High School
Public9 to 12

Culver Park High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3423 Caroline Avenue is a multi-family home for sale in Culver City, CA 90232. This property was listed for sale on July 24, 2024 by Luxre Realty, Inc., it's currently listed at $1,850,000. This listing's school district is Culver City Unified School District. Nearby schools include Linwood E. Howe Elementary School, Culver City Middle School and Culver City High School. 3423 Caroline Avenue is a 11-bed, 8-bath, 4,994 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luxre Realty, Inc., Sarah Bui, DRE #02054565

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.