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4040 Wade St

Culver City, CA 90066
  • $2,395,000
  • STATUS: Pending
  • ON SITE: 130 Days
  • MLS #: 24-450085
Pending
UPDATED: 9 min ago
$2,395,000
  • 10
    BEDS
  • 0.27
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 4,552
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

Welcome to this incredible 5-unit property in the heart of Culver City, just steps away from vibrant Washington Blvd! The front of the property features a charming 2-bedroom, 1-bath bungalow, perfect for those seeking classic charm with modern amenities. In the rear, you'll find four beautifully renovated 2-bedroom, 2-bath units, each offering spacious layouts and contemporary finishes.The property's prime location boasts amazing walkability to shops, dining, and entertainment, making it a highly desirable place to live. With plenty of on-site parking and a convenient shared laundry room, this property offers both comfort and practicality. This is an excellent investment opportunity with significant upside rent potential, and plenty of available land to add addition units/ADU's, especially in such a sought-after Westside location. Don't miss the chance to own this gem in one of LA's hottest neighborhoods!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-18T15:43:07.117. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/156611791
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4040 Wade St Culver City, CA 90066

  • Price: $2,395,000
  • Status: Pending
  • On Site: 130 Days
  • Updated: 9 min ago
  • MLS #: 24-450085
10
Beds
9
Baths
0
½ Baths
0.27
Acres
4,552
SQFT
$0
$/SQFT
1963
Built
Neighborhood:
Culver City
County:
Los Angeles
Area:
Culver City
Property Description
Welcome to this incredible 5-unit property in the heart of Culver City, just steps away from vibrant Washington Blvd! The front of the property features a charming 2-bedroom, 1-bath bungalow, perfect for those seeking classic charm with modern amenities. In the rear, you'll find four beautifully renovated 2-bedroom, 2-bath units, each offering spacious layouts and contemporary finishes.The property's prime location boasts amazing walkability to shops, dining, and entertainment, making it a highly desirable place to live. With plenty of on-site parking and a convenient shared laundry room, this property offers both comfort and practicality. This is an excellent investment opportunity with significant upside rent potential, and plenty of available land to add addition units/ADU's, especially in such a sought-after Westside location. Don't miss the chance to own this gem in one of LA's hottest neighborhoods!
Exterior Features

Garage Structures Total 1 Levels Two Lot Size Area 11865 Other Structures None Parking Garage Garage - 2 CarDriveway Pool Description None Pool YN No Spa None Spa YN No Style Traditional Total Parking 11

Interior Features

Bathroom Features Remodeled Cooling Ceiling Fan Equipment Ceiling FanDishwasherFreezerRange/OvenGarbage DisposalRefrigerator Heating Wall Kitchen Features Remodeled Laundry RoomLaundry Area

Property Features

Assessed Total Value 204959 Disclosures As IsRent Control Gross Income 150252 Gross Operating Income 150252 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 109512.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 40740 Type Of Units residential Year Built Source Vendor Enhanced Zoning CCR3A*

Listing provided courtesy of Tyler Kunkle DRE#01965642 of Pardee Properties: 310-907-6517.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-18T15:43:07.117. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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