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4061 Wade St
Los Angeles, CA 90066 Culver-West

$3,600,000 USD

Apartments For Sale • 7,996 SF

Property Details

Property Type Apartments
Total Building Size 7,996 SF
Lot Size 0.36 AC
Building Class C
Year Built 1953
Zoning CCR3A*

53 Transit Score

88 Walk Score

                
                    Highlights
                
                                10 units on an expansive 15,800 SF lot with potential to add up to 8 detached ADUs (Buyer to verify)
                            
                                Attractive low-interest rate, assumable loan delivering a 7.5% Year 1 return
                            
                                5.39% initial cap rate with ±15% upside in income
                            
                                Desirable mix of all Two-Bedroom units
                            
                                Situated within the sought-after Culver City school district and municipal jurisdiction
                            
                                Premier Culver West location near Mar Vista, Marina del Rey, and Venice

Amenities

24 Hour Access
Controlled Access
Laundry Facilities
Tenant Controlled HVAC
Gated
Smoke Free
Ceiling Fans
Tile Floors
Kitchen
Hardwood Floors
Oven
Range
Tub/Shower
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	13 min	-	6.5 mi
Bob Hope	36 min	-	23.2 mi
Long Beach (Daugherty Field)	34 min	-	24.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Covered
Included in Rent:	Yes

Darin Beebower 424-653-1854 Kidder Mathews

4061 Wade St Los Angeles, CA 90066 Culver-West