4034 Madison Avenue

Culver City, CA 90232

$2,599,000
Price
5
Beds
7
Baths
3,374 Sq. Ft.
$770 / Sq. Ft.
3,374
Sq. Ft.
$770
per Sq. Ft.

Description

Incredible Opportunity in Culver City's Carlson Park! This Gorgeous 1924 Spanish home has been updated, but maintains its original charm with its inlaid ceiling, fireplace, open archway to the formal dining room and open archway to the remodeled kitchen. Just as Amazing is the new duplex built in 2014 behind the detached home. Built above a new 2-car garage and two new 1-car garages, Unit #A has 1bedroom & 1.5 Bathrooms (rents for $2970/month) and Unit #B has 2 bedrooms & 2.5 Bathrooms (rents for...Incredible Opportunity in Culver City's Carlson Park! This Gorgeous 1924 Spanish home has been updated, but maintains its original charm with its inlaid ceiling, fireplace, open archway to the formal dining room and open archway to the remodeled kitchen. Just as Amazing is the new duplex built in 2014 behind the detached home. Built above a new 2-car garage and two new 1-car garages, Unit #A has 1bedroom & 1.5 Bathrooms (rents for $2970/month) and Unit #B has 2 bedrooms & 2.5 Bathrooms (rents for $4850/month), all with similar Spanish style to make an incredible triplex in downtown Culver City! Live in the front home and collect about $8000/month in rent! (With 30% down, a 5.25% mortgage is approximately $10,000/month so the rent could cover almost 80% of your mortgage payment). Incredible location surrounded by shops & restaurants in the middle of all the action in downtown Culver City! Amazing Investment Opportunity!
  1. Listed by Todd Miller • DRE #01389620 • Brokerage DRE #01854200 • KW Advisors

Property Details for 4034 Madison Avenue

Zoning
CCR4*
Style
Spanish
Parcel Number
4207010023
Total Units
3.0
Living Area
3374
Source Living Area
Vendor Enhanced
Area
Culver City (C28)
Vacancy Rate
33

Open Houses

Sunday, Nov 24th

1:00 PM - 4:00 PM

Public

LISTING UPDATED: 11/18/2024 11:38 AM

Property Details for 4034 Madison Avenue

StatusActive
MLS #24-455753
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 6,754 SF
CountyLos Angeles County

Building Information for 4034 Madison Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.16 AC / 6,754 SF

Property Information for 4034 Madison Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $159,840
  • Net Operating Income: $159,840.00
  • Gross Income: $159,840
  • Gross Rent Multiplier: $16.27
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1551
  • Lot Size Square Feet: 6754
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Description: Front Yard, Landscaped, Yard
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
  • Covered Parking: 4
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom
  • Rooms: Dining Room, Living Room, Master Bedroom
  • Levels: Multi/Split
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Laundry: In Unit, Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-22-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,500.00
  • Unit Actual Rent: $5,500.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,850.00
  • Unit Actual Rent: $4,850.00
  • Unit Projected Rent: $5,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,970.00
  • Unit Actual Rent: $2,970.00
  • Unit Projected Rent: $2,970.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $578,861.00
  • Assessed Improvement Percent: 44.72
  • Assessed Land Value: $715,441.00
  • Assessed Land Percent: 55.28
  • Assessed Total Value: $1,294,302.00

Property History for 4034 Madison 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 4034 Madison Avenue

Taxable ValueLand$729,749Additions$590,438Total$1,320,187
Tax Record2024$17,361 ($1,447 / month)
Home Facts
Total Finished SqFt3,374 SqFtAbove Grade Finished SqFt3,374 SqFtLot Size6,752 SqFtStyleTriplexYear Built1924ZoningCCR4*CountyLOS ANGELESAPN4207-010-023

Schools near 4034 Madison 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 - K 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

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.

Similar Homes

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4034 Madison Avenue is a multi-family home for sale in Culver City, CA 90232. This property was listed for sale on October 22, 2024 by KW Advisors, it's currently listed at $2,599,000. It has been on the market for a total of 29 days and was last sold on May 25, 2012. 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. 4034 Madison Avenue is a 5-bed, 7-bath, 3,374 sqft multi-family home built in 1924.

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 KW Advisors, Todd Miller, DRE #01389620

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.