2627 Cullen Street

Los Angeles, CA 90034

$1,200,000
Last Sold Price
5
Beds
4
Baths
2,736 Sq. Ft.
$439 / Sq. Ft.
2,736
Sq. Ft.
$439
per Sq. Ft.

Description

We are pleased to present this four-plex with incredible upside. The property has a unit mix of three (1br/1ba) and one (2br/1ba) which has its own fenced private garden + each unit has its own garage for your car or extra storage. Centrally located near Venice Blvd and La Cienega Blvd which offers easy access to the 10 freeway, entertainment, shopping, work, and Arts districts, making it an ideal spot for residents to live, work and play. The neighborhood is rapidly becoming one of the hottest rental...We are pleased to present this four-plex with incredible upside. The property has a unit mix of three (1br/1ba) and one (2br/1ba) which has its own fenced private garden + each unit has its own garage for your car or extra storage. Centrally located near Venice Blvd and La Cienega Blvd which offers easy access to the 10 freeway, entertainment, shopping, work, and Arts districts, making it an ideal spot for residents to live, work and play. The neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, attracting high-quality tenants due to the influx of entertainment, tech, and creative jobs. The property is surrounded by numerous local attractions, including Historic Culver City, Helms Bakery, Adams district for art shows and cultural events, Amazon Studios headquarters, Ivy Station, HBO headquarters, and the Cumulus development are all in close proximity. The location has excellent potential for growth and development, as the Lot is zoned LARD 1.5 allowing for development and expansion in the future. Overall, this four-plex is an exceptional investment opportunity for owner-users, 1031 exchange, investors, and developers who are looking to capitalize on the Los Angeles rental market.
  1. Listed by Michael Flanagan • DRE #01836941 • Brokerage DRE #01458187 • Keller Williams Larchmont
  2. Listed by Peter F Gragnani • DRE #01335700 • Brokerage DRE #01335700 • Gragnani Real Estate

Property Details for 2627 Cullen Street

Water Front
None
Zoning
LARD1.5
Style
California Bungalow
Cross Streets
La Cienega Blvd
Parcel Number
5065006016
Total Units
4.0
Living Area
2736
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Keller Williams Larchmont, Michael Flanagan, DRE #01836941; Gragnani Real Estate, Peter F Gragnani, DRE #01335700

Sold By David Hanasab, David Hanasab, DRE #01891844

Add your commute
LISTING UPDATED: 07/18/2023 03:32 PM

Property Details for 2627 Cullen Street

StatusSold
MLS #23-257815
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.14 AC / 6,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Michael Flanagan, DRE #01836941; Gragnani Real Estate, Peter F Gragnani, DRE #01335700

Sold By David Hanasab, David Hanasab, DRE #01891844

Add your commute

Building Information for 2627 Cullen Street

Stories1Residences-Year Built1947Building Size-Lot Size0.14 AC / 6,001 SF

Payment Calculator

$6,807 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2627 Cullen Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 1-2Bed /1bth
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: East
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Conventional, Trust Conveyance
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $57,576
  • Net Operating Income: $.00
  • Gross Income: $57,576
  • Gross Rent Multiplier: $.00
  • Garage Income: $57,576
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6001
  • Lot Features: Rectangular Lot
  • Lot Description: Lot Shape-Rectangular
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
  • Garage Spaces Total: 4
Interior Features
Interior Features
  • Levels: Ground Level
  • Fireplace Features: Bath
  • Fireplace Rooms: Bath
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Wood, Linoleum, Tile
  • Equipment: None
  • Common Walls: Attached
  • Cooking Appliances: Gas
  • Laundry: In Kitchen
Exterior Features
Exterior Features
  • Roof: Asphalt
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-08-2023
  • Listing Terms: Cash To New Loan, Contract
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,047.00
  • Unit Actual Rent: $1,047.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,248.00
  • Unit Actual Rent: $1,248.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,103.00
  • Unit Actual Rent: $1,103.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $122,277.00
  • Assessed Improvement Percent: 57.3
  • Assessed Land Value: $91,116.00
  • Assessed Land Percent: 42.7
  • Assessed Total Value: $213,393.00

Property History for 2627 Cullen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2627 Cullen Street

Taxable ValueLand$92,938Additions$124,722Total$217,660
Tax Record2023$3,100 ($258 / month)
Home Facts
Total Finished SqFt2,736 SqFtAbove Grade Finished SqFt2,736 SqFtLot Size6,001 SqFtStyleQuadraplexYear Built1947ZoningLARD1.5CountyLOS ANGELESAPN5065-006-016

Schools near 2627 Cullen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Shenandoah Street Elementary School
PublicK to 5

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Larchmont, Michael Flanagan, DRE #01836941; Gragnani Real Estate, Peter F Gragnani, DRE #01335700

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.