Culver City Homes with Quadruplex Subtype

Culver City Homes with Quadruplex Subtype

Welcome to Culver City, California – a vibrant gem nestled in the heart of Los Angeles County. Known for its rich history in the film industry, Culver City boasts a unique blend of artistic flair, urban convenience, and family-friendly charm. With its tree-lined streets, bustling downtown area, and a plethora of parks and recreational spaces, it’s no wonder that this city is a sought-after destination for families, young professionals, and creatives alike.

Culver City is not only famous for its historic studios and theaters but also for its thriving dining scene, eclectic shops, and cultural attractions. From the iconic Culver City Arts District to the serene beauty of Culver City Park, there’s something for everyone. The city's strong sense of community is palpable, making it an ideal place to call home.

If you’re considering investing in property here, homes with a quadruplex subtype present an exceptional opportunity. These multifamily residences offer the perfect blend of functionality and investment potential. Whether you’re looking to generate rental income or accommodate extended family, quadruplex homes provide versatility and space. With the rising demand for housing in this dynamic city, owning a quadruplex can be a smart financial move while allowing you to enjoy all that Culver City has to offer.

Imagine living just minutes from the trendy shops, gourmet restaurants, and cultural hotspots, all while having the unique advantage of a quadruplex property. Embrace the Culver City lifestyle where community meets creativity, and let your real estate dreams flourish in this remarkable city!

Newest Culver City Homes with Quadruplex Subtype

$3,550,000
OC26163764 MLS Active Status
Introducing an exceptional, 100% occupied investment opportunity! A newly constructed, non-rent-controlled four-unit luxury apartment complex in the heart of Culver City's thriving Silicon Beach. Surrounded by major employers including Amazon Studios, Sony Pictures, Apple, HBO, Hulu, Google, and the offices of countless technology and entertainment companies, this prime location continues to experience strong demand for high-quality rental housing. The property generates $260,400 in annual gross income and offers a true Year One cap rate of 5.60%, with built-in rental increases projected to elevate the cap rate to 5.75%. Thoughtfully designed for today's renters, each spacious residence features open-concept floor plans, private in-unit laundry, multiple private balconies or decks, designer finishes, and two dedicated parking spaces. The unit mix consists of a front duplex with two expansive 4-bedroom, 4.5-bath residences and a rear duplex with two 3-bedroom, 3-bath residences, providing an ideal blend of larger family-oriented units. Each unit is individually metered for water and electricity, reducing owner expenses while providing tenants with independent utility control. Luxury amenities include a full suite of premium appliances, including a washer and dryer, refrigerator, dishwasher, 36-inch range, and over-the-range microwave. Each unit is also equipped with fully owned solar panels, providing long-term energy savings and increasing tenant appeal. Adding to the property's upside is a rare value-add opportunity to convert the existing oversized four-car garage into an approximately 2-bedroom, 2.5-bath ADU, while still maintaining ample parking for every unit. The projected ADU is expected to generate an additional approximately $3,600 per month in rental income, increasing the property's cap rate to an estimated 6.75%. Built with sustainability and long-term ownership in mind, the property incorporates eco-friendly construction materials, water conservation and reclamation systems, drought-tolerant landscaping, and other energy-efficient features. As newly constructed buildings, the improvements offer the benefits of modern construction, low maintenance requirements, and builder warranties, making this an ideal turnkey investment. Strategically located in one of Los Angeles' most desirable and supply-constrained rental markets, this trophy asset combines immediate cash flow, future income growth, and meaningful value-add potential.

4455 S Slauson Avenue, Culver City

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.