4154 Ince Boulevard

Culver City, CA 90232

$1,850,000
Price
5
Beds
5
Baths
2,478 Sq. Ft.
$747 / Sq. Ft.
2,478
Sq. Ft.
$747
per Sq. Ft.

Description

We are proud to present this 5 Unit Multi-Family opportunity which consists of (5) 1-Bedroom/1-Bathroom cottage/bungalow style units one of which will be delivered vacant. Located in one of LA's hottest markets, this property is directly across the street from Amazon Studios and Culver Studios. This investment allows a Buyer to be in the epicenter of Culver City's revitalized downtown which includes mega tech companies and new developments such as: The newly approved Apple Campus, Sony Pictures Animation,...We are proud to present this 5 Unit Multi-Family opportunity which consists of (5) 1-Bedroom/1-Bathroom cottage/bungalow style units one of which will be delivered vacant. Located in one of LA's hottest markets, this property is directly across the street from Amazon Studios and Culver Studios. This investment allows a Buyer to be in the epicenter of Culver City's revitalized downtown which includes mega tech companies and new developments such as: The newly approved Apple Campus, Sony Pictures Animation, Sony Studios, One Culver, The Culver City Steps, New HBO HQ, Ivy Station, Amazon Studios, Culver Studios, Expo Line and more. The walkability factor combined with the property's layout and charm makes this a rare opportunity. The property sits on a spacious 7,279-SF corner lot and offers both front yard and side-yard space for tenants and pets who look forward to enjoying the outdoors. The property also offers the capability of potentially adding an ADU! Sitting in the epicenter of Culver City's major developments as well as the property's immediate proximity to major tech companies like Apple and Amazon, this investment gives a new owner an incredible opportunity that will potentially provide significant property appreciation and higher than average rental demand.
  1. Listed by Gianluca Jacoli • DRE #01938297 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 4154 Ince Boulevard

Zoning
CCR2YY
Cross Streets
Ince Boulevard & Carson Street
Parcel Number
4206009001
Total Units
5.0
Living Area
2478
Source Living Area
Estimated
Area
Culver City (C28)
Vacancy Rate
1

Location

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297
Add your commute
LISTING UPDATED: 04/30/2024 12:01 AM

Property Details for 4154 Ince Boulevard

StatusActive
MLS #24-383177
Days on Market13
Taxes$23,125 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.17 AC / 7,279 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297
Add your commute

Building Information for 4154 Ince Boulevard

Stories1Residences-Year Built1928Building Size-Lot Size0.17 AC / 7,279 SF

Payment Calculator

$12,023 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,927

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4154 Ince Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 1
  • Number Of Buildings: 5
  • Type Of Units: 1+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $110,161
  • Net Operating Income: $75,571.40
  • Gross Income: $113,568
  • Cap Rate: 4.08%
  • Gross Rent Multiplier: $16.29
  • Actual Annual Gross Rent: $113,568.00
  • Actual Rent Total: $113,568.00
  • Vacancy Allow Dollar: $3,407.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 34590
Land / Lot Info
Land / Lot Info
  • Paved: Yes
  • Lot Acreage: 0.1671
  • Lot Size Square Feet: 7279
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage
  • Garage Structures Total: 3.0
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-22-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,680.00
  • Unit Actual Rent: $1,680.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,095.00
  • Unit Actual Rent: $2,095.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,750.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,539.00
  • Unit Actual Rent: $1,539.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
Tax and Assessed Info
Tax and Assessed Info
  • Tax Rate: 1.25%
  • Assessed Improvement Value: $200,775.00
  • Assessed Improvement Percent: 38.91
  • Assessed Land Value: $315,253.00
  • Assessed Land Percent: 61.09
  • Assessed Total Value: $516,028.00

Property History for 4154 Ince Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4154 Ince Boulevard

Taxable ValueLand$315,253Additions$200,775Total$516,028
Tax Record2023$10,988 ($916 / month)
Home Facts
Total Finished SqFt2,478 SqFtAbove Grade Finished SqFt2,478 SqFtLot Size7,279 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningCCR2YYCountyLOS ANGELESAPN4206-009-001

Schools near 4154 Ince Boulevard

This home is within Culver City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Linwood E. Howe Elementary School
PublicK to 5

Culver City Middle School
Public6 to 8

Culver City High School
Public9 to 12

Culver Park High School
Public10 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.

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4154 Ince Boulevard is a multi-family home for sale in Culver City, CA 90232. This property was listed for sale on April 22, 2024 by Shield CRE, Inc., it's currently listed at $1,850,000. This listing's school district is Culver City Unified School District. Nearby schools include Linwood E. Howe Elementary School, Culver City Middle School and Culver City High School. 4154 Ince Boulevard is a 5-bed, 5-bath, 2,478 sqft multi-family home built in 1928.

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 Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

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.