Listing Courtesy of: CRMLS / Century 21 Union Realty Co. / Keith Brabec - Contact: 310-344-9322
4158 Baldwin Avenue Culver City, CA 90232
Active (2 Days)
MLS #:
SB25011889
Lot Size
6,743 SQFT
Type
Multifamily
Year Built
1947
County
Los Angeles County
Listed By
Keith Brabec, DRE #01206669 CA, Century 21 Union Realty Co., Contact: 310-344-9322
Source
CRMLS
Last checked Jan 21 2025 at 3:54 AM GMT+0000
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Union Realty Co. | 310-344-9322
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Mortgage calculator estimates are provided by Union Realty Co. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Location
Finding the right location is vital when considering a rental investment, and this property stands out for its proximity to Sony, just two blocks away. The convenience of being within walking distance not only appeals to potential renters but also enhances the overall desirability of the property. The neighborhood is vibrant and offers a variety of amenities, making it an attractive option for both tenants and investors.
Property Condition
The units in this property are exceptionally clean, providing a welcoming environment for tenants. Recently painted exteriors contribute to a fresh aesthetic, ensuring that the property maintains a modern and well-kept appearance. A well-maintained property is crucial in retaining tenants and minimizing vacancies.
Local Amenities
Another significant advantage is the proximity to Jackson Market, which is even closer than Sony. This market provides a convenient option for renters to grab a bite or pick up groceries, enhancing the lifestyle appeal of the location. Easy access to local dining and shopping can be a decisive factor for many potential tenants.
Investment Potential
This property is situated in a neighborhood where property value appreciation is on the rise. Investors should consider the long-term financial benefits of purchasing here, as the increasing property values could lead to significant returns on investment. When evaluating rental properties, it’s essential to factor in not just current income potential but also future appreciation.
Additional Features
The property boasts an almost three-car garage, which offers excellent potential for conversion into an Accessory Dwelling Unit (ADU). This feature not only provides additional income opportunities but also ensures that there is still ample parking available for tenants. The flexibility to create an ADU can significantly enhance the value of the property over time.
Conclusion
In summary, this property near Sony represents an exceptional rental investment opportunity. With its prime location, clean units, local amenities, and potential for property value appreciation, it is well-suited for those looking to invest in the rental market. The additional garage space for an ADU further solidifies its potential as a lucrative investment.