3827 Tilden Avenue Active Save Request In-Person Tour Request Virtual Tour
Culver City,CA 90232
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,340 sqft
Price per Sqft $449
MLS Listing ID CL25514563
HOA Y/N No
Year Built 1957
Lot Size 0.251 Acres
Acres 0.25
Property Sub-Type Other
Property Description
Luca is proud to present this 10-Unit apartment 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 5.00% cap rate and 14.50 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.
Location
State CA
County Los Angeles
Zoning CCR4
Interior
Fireplace No
Appliance Dryer
Laundry Dryer,Laundry Room,Washer
Building
New Construction No
Others
Tax ID 4213005022