5317 Kinston Avenue

Culver City, CA 90230

$4,231,500
Last Sold Price
24
Beds
12
Baths
9,860 Sq. Ft.
$429 / Sq. Ft.
9,860
Sq. Ft.
$429
per Sq. Ft.

Description

Very special opportunity--three buildings on three separate contiguous lots. 12 units all are two bedroom one bath. Some units have been updated. Very little deferred maintenance. Great location in between two large regional strip malls. Very walkable. The project is in the studio village neighborhood. Studio village is the 5th walkable neighborood in culver city. Units are large and ripe for remodeling. Many possibilities to add value are available in this hard to find triple lot investment. Laundry...Very special opportunity--three buildings on three separate contiguous lots. 12 units all are two bedroom one bath. Some units have been updated. Very little deferred maintenance. Great location in between two large regional strip malls. Very walkable. The project is in the studio village neighborhood. Studio village is the 5th walkable neighborood in culver city. Units are large and ripe for remodeling. Many possibilities to add value are available in this hard to find triple lot investment. Laundry facility can add to income stream. Adu's are possible!
  1. Listed by Mike Hassan • DRE #00819901 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 5317 Kinston Avenue

Zoning
MRD
Style
Contemporary
Cross Streets
JEFFERSON
Parcel Number
4203005001
Total Units
12.0
Living Area
9860
Source Living Area
Assessor
Area
Culver City (C28)

Location

Listing Courtesy of Coldwell Banker Realty, Mike Hassan, DRE #00819901

Sold By Berkshire Hathaway HomeServices California, Christopher Newell, DRE #02098665

Add your commute
LISTING UPDATED: 02/25/2022 01:12 PM

Property Details for 5317 Kinston Avenue

StatusSold
MLS #21-763244
Days on Market139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.39 AC / 16,818 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Mike Hassan, DRE #00819901

Sold By Berkshire Hathaway HomeServices California, Christopher Newell, DRE #02098665

Add your commute

Building Information for 5317 Kinston Avenue

Stories2Residences-Year Built1951Building Size-Lot Size0.39 AC / 16,818 SF

Payment Calculator

$24,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,093

Property Taxes

$1,529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5317 Kinston Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: FLAT 2 + 1
  • View: Yes
  • View Description: City
  • View: City Lights
  • Direction Faces: East
  • Water: Water District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $265,788
  • Net Operating Income: $149,910.00
  • Gross Income: $265,788
  • Cap Rate: 3.24%
  • Gross Rent Multiplier: $17.50
  • Actual Annual Gross Rent: $265,788.00
  • Financial Info as Of: 01/01/2020
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Move In Fee, Electricity, Gas, Gardener
  • Total Annual Expense: 115878
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: Yes
  • Alley: No
  • Lot Size Square Feet: 16818
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 17
  • Covered Parking: 12
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 12
  • Parking Features: Garage - Single Door, Uncovered
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: Built-Ins, Garbage Disposal, Range/Oven
  • Interior Features: Drywall Walls, Common Walls
  • Kitchen Features: Remodeled, Stone Counters
  • Common Walls: Attached
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Flat
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-20-2021
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,671.00
  • Unit Actual Rent: $1,671.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,550.00
  • Unit Actual Rent: $1,550.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,678.00
  • Unit Actual Rent: $1,678.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 0.0
  • Assessed Land Percent: 55.88
  • Private Transfer Taxes: No

Property History for 5317 Kinston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5317 Kinston Avenue

Taxable ValueLand$877,710Additions$582,420Total$1,460,130
Tax Record2023$18,352 ($1,529 / month)
Home Facts
Total Finished SqFt3,160 SqFtAbove Grade Finished SqFt3,160 SqFtLot Size5,605 SqFtStyleQuadraplexYear Built1951ZoningCCR4*CountyLOS ANGELESAPN4203-005-001

Schools near 5317 Kinston Avenue

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
El Rincon 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.

Similar Homes

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Listing Courtesy of Coldwell Banker Realty, Mike Hassan, DRE #00819901

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.