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$3,999,999   Price Analysis
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4260 Revere Pl
Culver City, CA 90232
9 bed 7 bath 3,688 SqFt ($1084/SqFt)
6,753SqFt lot. Built 1922
Listed 2024-06-11, Taxes $25,488
Ⓧ USDA Ineligible
due to price & location

near Culver City

Exciting Investment Opportunity!

This beautifully renovated property offers not one, but two modern 3-bedroom/2-bathroom homes, redesigned and remodeled in 2022 for comfortable living. Located steps from Jackson Market and Carlson Park, convenience is at your doorstep in this prime Culver City spot. Both homes have their own entrances and driveways, ensuring privacy and easy access. Inside, you'll find sleek kitchens with top-notch Thor appliances and stylish islands perfect for cooking and gathering. But there's more there's also a separate 2-bedroom/2-bathroom ADU on the property, built in 2023 and complete with its own separate address. This adds even more flexibility and potential income. Plus, the main home has a bonus guest space with 1 bedroom and 1 bathroom. It was completely remodeled in 2023 with fancy features like a built-in Fisher Paykel coffee maker and microwave, as well as a luxurious shower and standalone tub.

It's ideal for short-term rentals, sure to attract visitors looking for a comfortable stay in Culver City. All three units are completely furnished, making them move-in ready or ideal for immediate rental. The front unit pictures are staged from 2022, while the back unit and ADU are currently furnishd with the furniture shown. All units can also be delivered vacant, providing flexibility for buyers. Additional features include electric car chargers for both the front and back units, adding to the property's modern conveniences. Additionally, the front unit offers a bonus 294 sq ft attic space that can be used as storage. Conveniently located near Amazon Studios, Sony Studios, Culver Steps, the Expo Line, HBO and the new Apple office building expanding to accommodate 3, 000 employees by 2026. Additionally, the property is close to Warner Bros, Ivy Station complex and top markets like Erewhon and Whole Foods. This property offers a total of 9 bedrooms and 7 bathrooms, providing ample space and rental potential. Buyers have the opportunity to live in one unit while renting out the other units in this high-demand rent al area, maximizing income potential. Don't miss this rare chance to invest in a property that offers modern comfort, convenience and income potential in one of Culver City's best Carlson Park neighborhoods.


Presented by Midhun John at
West Shores Realty.
Listing Agent Photo

Property MLS #SB24118996 from CRMLS

Bedrooms: 9

Balcony

Appliances: Gas Oven, High Efficiency Water Heater, Microwave
Appliances YN: Yes
Laundry Features: Dryer Included, Stackable, Washer Included

Cooling Features: Central Air
Fireplace Features: Electric
Heating Features: Central
Heating: Yes

Full Bathrooms: 7

Fencing: Fence YN: Yes, Fencing: Excellent Condition, New Condition
Road Surface Type: Paved

Lot Description: 2-5 Units/Acre, Cul-De-Sac, Lot 6500-9999
Lot Size Acres: 0.1550275
Lot Size Source: Assessor
Lot Size Square Feet: 6753

Parking Features: Parking YN: Yes, Parking Features: Driveway

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1

Gardener Expense: 960.00

Number of Units Leased: 1
Tenant Pays: All Utilities

Community Features: Biking

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Inclusions: 3 units are furnished, furniture included
Insurance Expense: 3600.00
Area: C28 - Culver City
Source Neighborhood: C28 - Culver City
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 4207026028
Pest Control Expense: 900.00
Postal Code Plus 4: 3241
Zoning: CCR2YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$450,000 + $1,700,000
$2,150,000
$25,488
2021$182,835 + $669,593
$852,428
$11,647
2020$180,961 + $662,728
$843,689
$11,418
2019$177,413 + $649,734
$827,147
$11,153
2018$173,935 + $636,995
$810,930
$10,911
2017$170,525 + $624,505
$795,030
$10,620
2016$167,182 + $612,260
$779,442
$10,122
2015$164,671 + $603,064
$767,735
$10,066
2014$161,446 + $591,251
$752,697
$10,065
2013$160,717 + $588,579
$749,296
$9,692
2012$157,566 + $577,039
$734,605
$9,804
2010$154,477 + $565,725
$720,202
$9,598
2009$153,688 + $562,831
$716,519
$9,366
2009$153,323 + $561,497
$714,820
$9,366
2008$150,675 + $551,796
$702,471
$9,199
2007$147,721 + $540,977
$688,698
$8,898

Listed 2024-06-11
$3,999,999
CRMLS
Listing removed 2022-04-01
$0
CRMLS
Listed 2022-02-28
$3,500,000
CRMLS
Sold 2021-08-11
$2,150,000
TheMLSCLAW
Listing removed 2021-08-09
$0
TheMLSCLAW
Listing removed 2021-06-27
$0
TheMLSCLAW
Listed 2021-06-26
$2,200,000
TheMLSCLAW
Price Changed 2021-06-03
$2,200,000
TheMLSCLAW
Listed 2021-05-21
$2,500,000
TheMLSCLAW
Listing removed 2019-07-25
$0
TheMLSCLAW
Listed for rent 2019-07-15
$3,000
TheMLSCLAW
Listing removed 2014-03-03
$3,000
WestsideRentals
Listed for rent 2014-03-02
$3,000
WestsideRentals
Listing removed 2014-03-01
$2,800
WestsideRentals
Listed for rent 2014-02-26
$2,800
WestsideRentals

Net Operating Income: 268740.00

Total Square Feet Living: 3688
Year Built: 1922
Building Features: 1
Common Walls: 2+ Common Walls, No One Above
Entry Level: 1
Entry Location: Porch
Property Age: 102
Property Attached: Yes
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Single Family Residence
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1800.00
Water Source: Public

Linwood E. Howe Elementary School is a public elementary school located approximately 0.5 miles away.
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Culver City Middle School is a public middle school located approximately 0.7 miles away.
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Culver City High School is a public high school located approximately 0.7 miles away.
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Star Prep Academy is a private middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.