Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

3,845 sqft

Lot size

6,747 sqft

Year built

1940

Stories

2

Garage spaces

3

Heating

Central

Cooling

Central Air

View

City Lights,Hills

Status

Active

Days on market

0

MLS #

248758237

About this property

Two extensively renovated, detached homes on a 6,745-square-foot lot on one of Culver City's most sought-after residential streets, near Sony Pictures, Amazon Studios and downtown Culver City. The property is ideal for an owner-occupier or a buyer looking to enter the Culver City SFR market, with the opportunity to live in one home and earn rental income from the other. The single-story front home at 4144 Madison offers 3 bedrooms and 2 bathrooms, with an open great room, oak hardwood floors and a fireplace. The kitchen features custom cabinetry, marble countertops and stainless-steel appliances. The primary suite overlooks the landscaped patio and includes bay windows, a stone-and-glass shower, dual vanity and enclosed water closet. Other features include central air, a full-size washer and dryer, a private garage, exterior cameras and a fenced front yard. The two-story rear home at 4146 Madison offers 4 bedrooms and 3 bathrooms, with views from its upper-floor rooms. The ground floor includes a private suite with its own bathroom and yard access, plus a two-car garage. Upstairs, the hardwood great room connects the kitchen, dining area and family room. The kitchen features stone counters, stainless-steel appliances and a breakfast bar; the family room opens to a large balcony and has a fireplace. The oversized primary suite shares a double-sided fireplace with the bathroom, which includes a Jacuzzi tub and separate shower. The home also has central air, side-by-side laundry and a fenced backyard. Each home has its own garage and private outdoor space. Both are tenant-occupied and generate $15,742 per month ($188,904 annually); tenants pay their own water, gas and electricity. Walk to the Culver Steps, Culver Hotel, Kirk Douglas Theatre, Linwood E. Howe Elementary School and the Metro E Line. Live in one home and lease the other an ideal setup for an owner-occupier seeking space, flexibility and rental income in a prime Culver City location.

Location

4144 Madison Avenue

Culver City, Los Angeles, CA, 90232