4141 Lincoln Avenue

Culver City, CA 90232

$2,150,000
Last Sold Price
5
Beds
3
Baths
2,440 Sq. Ft.
$881 / Sq. Ft.
2,440
Sq. Ft.
$881
per Sq. Ft.

Closed 12/24/24

Closed 12/24/24

Description

Culver City tri-plex located on tree lined street in prime location, just blocks from Downtown Culver City. Two of the three units are vacant. Front unit is a free-standing single-family home with beautiful hardwood floors that extend throughout the house. Bright and open floor plan. Updated kitchen has all built in appliances as well as a daily eating area and plenty of counter and cabinet space. Laundry inside just off the kitchen in service porch area. Sliding door opens to private bricked patio...Culver City tri-plex located on tree lined street in prime location, just blocks from Downtown Culver City. Two of the three units are vacant. Front unit is a free-standing single-family home with beautiful hardwood floors that extend throughout the house. Bright and open floor plan. Updated kitchen has all built in appliances as well as a daily eating area and plenty of counter and cabinet space. Laundry inside just off the kitchen in service porch area. Sliding door opens to private bricked patio with trellis covering. Ideal for outdoor meals or just relaxing. Rear building has a two-bedroom unit upstairs and a one-bedroom unit downstairs. The upstairs unit has hardwood flooring, recessed lighting, and a fully updated kitchen with built in appliances. Laundry inside the unit. Bright and cheerful. The downstairs unit is one bedroom and one bath with kitchenette and sliding door leading out to a beautifully landscaped private back yard with vine-covered pergola and is low-water use and low maintenance. The unit also has its own washer and dryer. Back yard also has large storage shed and free-standing auxiliary building which could be office, gym or even a guest room. It has separate AC, recessed lights and polished cement flooring. Owner has made several important upgrades to the property and has taken a lot of care of it over the years. Separate meters for each unit. Culver City is an incorporated city within LA County with one of the best public-school systems in the State, as well as exceptional city services such as police, fire and recreation. Numerous parks throughout the city and just a short walk to the Downtown restaurants, shopping and cinema. Great opportunity to live in the front house with substantial income from the other units to offset mortgage payments. Rare opportunity to purchase an income property with all 3 three units being delivered vacant. Detailed list of all improvements available by request.
  1. Listed by Casey Feinberg • DRE #02138160 • Brokerage DRE #01499010 • KW Advisors

Property Details for 4141 Lincoln Avenue

Parking Spaces Total
5
Cooling Type
Air Conditioning
Total Units
3.0
Living Area
2440
Assessor Parcel Number
4207-016-037
New Construction
No
Building Area Total
2440
Stories Total
1
LISTING UPDATED: 12/25/2024 09:35 PM

Property Details for 4141 Lincoln Avenue

StatusClosed
MLS #24456527
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.16 AC / 6,753 SF
CountyLos Angeles County

Building Information for 4141 Lincoln Avenue

Stories1Residences-Year Built1948Building Size-Lot Size0.16 AC / 6,753 SF

Property Information for 4141 Lincoln Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $37,500
  • Gross Operating Income: $162,000
  • Net Operating Income: $158,342
  • Gross Multiplier: 14.35
Expense Details
  • Total Expenses: $3,658
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Laundry: Yes
  • Laundry Features: Washer Included, Dryer Included, Stackable
  • Heating Type: Combination
  • Heating: Combination
  • Flooring: Wood
Exterior Features
  • Other Structures: Shed(s)
Land/Lot Info
  • Number Of Units: 3
  • Levels: Multi/Split
Parking Info
  • Parking: Yes
  • Parking Garage: Driveway - Combination, Electric Vehicle Charging Station(s)
  • Parking Features: Driveway - Combination
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $3,125
  • Unit Type Total Rent: $3,127
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 3
Unit Information
  • Number Of Buildings: 2

Property History for 4141 Lincoln 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 4141 Lincoln Avenue

Taxable ValueLand$934,613Additions$311,371Total$1,245,984
Tax Record2024$17,101 ($1,425 / month)
Home Facts
Total Finished SqFt1,603 SqFtAbove Grade Finished SqFt1,603 SqFtLot Size6,751 SqFtStyleDuplexYear Built1948ZoningCCR2YY*CountyLOS ANGELESAPN4207-016-037

Schools near 4141 Lincoln Avenue

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

Culver City Unified School District Academy
PublicK 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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Listing Courtesy of KW Advisors, Casey Feinberg, DRE #02138160

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.