Culver City, CA 90232 3827 Tilden Avenue
$4,200,000
9 more
Presented By: Gianluca Jacoli with Shield CRE, Inc.;
Home Details
Priced Reduced by $200,0000! Luca is proud to present 3827 Tilden Avenue, a 10-Unit located in the heart of Culver City. Just footsteps away from downtown, Tilden presents an opportunity to purchase a trophy Asset in a trophy location. Culver City is an epicenter of tech and media, housing Amazon Studios, AppleTV, MAX, Sony Studios, and NFL Networks. Culver City offers a vibrant night life, notable restaurant scene, trendy coffee shops, and an abundance of amenities such as Equinox catering to a young demographic of strong income earners. 3827 Tilden is priced attractively at just $450 per square foot and at a 15.15 GRM. While the in-place metrics are attractive, an investor can expect strong rental upside being that Culver City is home to one of the most robust and aggressively priced rental markets in Los Angeles County. This class A location provides for a high upper threshold for market rents. Culver City will garner the attention of an investor looking for both long-term appreciation and strong cash-flow. This is an opportunity to buy into one of Los Angeles' most compelling sub-markets at a great value while having the ability to aggressively re-position an asset for higher yield.
Presented By: Gianluca Jacoli with Shield CRE, Inc.;
Interior Features for 3827 Tilden Avenue
Bedrooms
Total Bedrooms16
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Total Stories2
General for 3827 Tilden Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.51
Carport Y/NYes
CityCulver City
CountyLos Angeles
Days on Market55
DirectionsSouth of Venice Boulevard, East of Sepulveda Boulevard, West of Huron Avenue, North of Washington Boulevard
Full Baths
Garage Y/NNo
Gross Income277140.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet10927.0
Lot Size UnitsSquareFeet
MLS AreaC28 - Culver City
MobileHomeRemainsYNNo
Net Operating Income189386.0
New ConstructionNo
NumberOfUnitsTotal10
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1957
Year Built SourceEstimated
ZoningCCR4*
Exterior for 3827 Tilden Avenue
Building Area Total9340.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2508
Lot Size Area10927.0
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking15.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480