4065 Lafayette Place

Culver City, CA 90232

$2,850,000
Price
5
Beds
5
Baths
3,998 Sq. Ft.
$713 / Sq. Ft.
3,998
Sq. Ft.
$713
per Sq. Ft.

Description

The ABSOLUTE BEST LOCATION in Downtown Culver City. Lafayette Place. And, owner financing. OWNER WILL CARRY THE FIRST at 6% interest for 5 years. Just 1/2 block from Culver Blvd and all of the Vibrancy of Downtown. Walk to all of the restaurants, bars and shops as well as to Sony Pictures, Amazon Studio, Ivy Station, The Platform and much more. Immaculate 5 unit building on a huge 9033 square foot lot. Potential for future development. All new vinyl dual pane windows. Exterior newly painted. 4 detached...The ABSOLUTE BEST LOCATION in Downtown Culver City. Lafayette Place. And, owner financing. OWNER WILL CARRY THE FIRST at 6% interest for 5 years. Just 1/2 block from Culver Blvd and all of the Vibrancy of Downtown. Walk to all of the restaurants, bars and shops as well as to Sony Pictures, Amazon Studio, Ivy Station, The Platform and much more. Immaculate 5 unit building on a huge 9033 square foot lot. Potential for future development. All new vinyl dual pane windows. Exterior newly painted. 4 detached garages are used by owner and will be vacant for additional income. 5 units, all one bedroom + one bath with hardwood floors, ceiling fans and front and back doors. All units have washer and dryers in the units. Some units have remodeled kitchens, flooring etc. Individual water heaters and gas and electric meters. Owner pays water. Two of the units have private enclosed patios and the rear unit, over the garages has a private deck. One unit is owner occupied at $1600 per month. This rent will be $2500 at close of escrow. Potential income from 4 inclosed garages is $1000 per month.
  1. Listed by Scott Garland • DRE #00477569 • Brokerage DRE #00477569 • Scott Garland

Property Details for 4065 Lafayette Place

Water Front
None
Zoning
CCR4YY
Style
Contemporary
Cross Streets
CULVER BLVD AND DUQUESNE AVENUE
Accessibility Features
None
Parcel Number
4207008026
Total Units
5.0
Living Area
3998
LISTING UPDATED: 09/16/2024 02:38 PM

Property Details for 4065 Lafayette Place

StatusActive
MLS #24-433123
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.21 AC / 9,033 SF
CountyLos Angeles County

Building Information for 4065 Lafayette Place

Stories2Residences-Year Built1951Building Size-Lot Size0.21 AC / 9,033 SF

Property Information for 4065 Lafayette Place

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
  • Builders Tract Name: NOLAN PARK TRACT
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: APARTMENTS
  • View: Yes
  • View Description: City, Trees/Woods
  • View: City Lights, Trees/Woods
  • Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: Public, Meter on Property
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • Additions Alterations: No
  • Personal Property Amount: $.00
  • Water Heater Features: Gas, Water Heater Unit, Tankless
  • Water District: GOLDEN STATE WATER
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Owner Carried
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $149,652
  • Net Operating Income: $88,488.00
  • Gross Income: $149,652
  • Cap Rate: 3.00%
  • Gross Rent Multiplier: $19.00
  • Actual Annual Gross Rent: $137,652.00
  • Actual Gross Annual Income: $149,652
  • Garage Income: $1,000
  • Actual Rent Total: $137,652.00
  • Financial Info as Of: 07/31/2024
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 61164
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.2074
  • Lot Size Square Feet: 9033
  • Lot Size Dimensions: 50x181
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Landscaped, Rectangular Lot, Front Yard
  • Lot Description: Curbs, Gutters, Landscaped, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Street Asphalt, Street Lighting, Street Paved, Fenced, Front Yard, Storm Drains
  • Lot Location: City, Near Public Transit, Park Nearby
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 9
  • Covered Parking: 4
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 4
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Natural Gas, Wall Furnace
  • Heating Type: Natural Gas, Wall
  • Flooring: Hardwood
  • Equipment: Ceiling Fan, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Kitchen Features: Counter Top
  • Room Bathroom Features: Tile Counters, Low Flow Toilet(s)
  • Bathroom Features: Tile, Low Flow Toilet(s), Shower Over Tub
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Gas, Oven-Gas
  • Laundry: Inside, In Unit
  • Laundry Equipment: Own
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Composition, Shingle
  • Sprinklers: None
  • Door Features: Double Door Entry, Sliding Doors
  • Patio Features: Enclosed
  • Windows: Double Pane Windows
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structural Features: Balcony, Double Door Entry, Sliding Glass Doors, Rain Gutters, Partial Copper Plumbing
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-04-2024
  • Listing Terms: Cash To New Loan, Cash, Owner Will Carry
  • Rent Control: Yes
  • Rent Control: 5
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,195.00
  • Unit Actual Rent: $2,195.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,295.00
  • Unit Actual Rent: $2,295.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,094.00
  • Unit Actual Rent: $2,094.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,387.00
  • Unit Actual Rent: $2,387.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Dishwasher: 1
  • Number of Disposal: 5
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
  • Number Patio: 2
  • Number Refrigerator: 5
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $372,205.00
  • Assessed Improvement Percent: 23.72
  • Assessed Land Value: $1,197,269.00
  • Assessed Land Percent: 76.28
  • Assessed Total Value: $1,569,474.00
  • Private Transfer Taxes: No

Property History for 4065 Lafayette Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4065 Lafayette Place

Taxable ValueLand$1,221,214Additions$379,649Total$1,600,863
Tax Record2023$23,519 ($1,960 / month)
Home Facts
Total Finished SqFt3,998 SqFtAbove Grade Finished SqFt3,998 SqFtLot Size9,033 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningCCR4YYCountyLOS ANGELESAPN4207-008-026

Schools near 4065 Lafayette Place

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.

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4065 Lafayette Place is a multi-family home for sale in Culver City, CA 90232. This property was listed for sale on August 29, 2024 by Scott Garland, it's currently listed at $2,850,000. It has been on the market for a total of 22 days and was last sold on January 13, 2010. 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. 4065 Lafayette Place is a 5-bed, 5-bath, 3,998 sqft multi-family home built in 1951.

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 Scott Garland, Scott Garland, DRE #00477569

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.