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4040 Wade Street

Culver City, CA 90066
  • $2,395,000
  • STATUS: Active Under Contract
  • ON SITE: 98 Days
  • MLS #: 24450085
Under Contract
UPDATED: 137 min ago
$2,395,000
  • 10
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,552
    SQFT
  • $526
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Tyler Kunkle of Pardee Properties (310-907-6517)


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 California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156611265
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4040 Wade Street Culver City, CA 90066

  • Price: $2,395,000
  • Status: Active Under Contract
  • On Site: 98 Days
  • Updated: 137 min ago
  • MLS #: 24450085
10
Beds
0
Baths
0
½ Baths
0.27
Acres
4,552
SQFT
$526
$/SQFT
1963
Built
Neighborhood:
C28 - Culver City
County:
Los Angeles
Area:
C28 - 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

Architectural Style Traditional Number Of Separate Electric Meters 5 Parking Features Door-MultiDrivewayGarage Parking Total 11 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DishwasherDisposalRefrigerator Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Cap Rate 4.6 Disclosures Rent Control Garage YN Yes Gross Income 150252 Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 109512 New Construction YN No Number Of Separate Gas Meters 5 Number Of Units Leased 5 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning CCR3A*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Tyler Kunkle of Pardee Properties (310-907-6517)