12055 Jefferson Boulevard

    Culver City, CA 90230
    • $1,600,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: AR19249367
    UPDATED: 160 min ago
    $1,600,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    12055 Jefferson Blvd is an upgraded 4 unit apartment in the heart of Playa Vista. Located directly across the street from the Playa Vista Campus, Youtube, Google Spruce Goose Hanger, Belkin International, and walking distance to Whole Foods and the Playa Vista Runway, this cute property offers a turnkey investment for first time apartment buyer or even an owner user who can occupy one of the unit. This prime property is minutes away from Silicon Beach, Loyola Marimount University, LAX, the beach and major freeways. The unit mix is perfect for young professionals; it offers 2 x 1bed+1bath and 2 x studio units. It has a LA-C2 zoning which provides flexibility to be operated as apartment, commercial office or other allowed use. All the units have been upgraded with high-end designer upgrades. Three of the units are being sold fully furnished.Owner has been running the current vacant studio unit as AirBNB and recently leased this studio unit on a short term lease for $2500/month. This unit can be delivered vacant for an owner/user. Amenities include 5 parking spaces, coin operated washer and dryer room that generates additional income, electronic door locks, very low maintenance landscaping, copper plumbing, courtyard fountain, and on-site storage. The property is in an excellent demographics with +-$146k average household income within a mile radius.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/100227743

    12055 Jefferson Boulevard Culver City, CA 90230

    • Price: $1,600,000
    • Status: Active
    • Updated: 160 min ago
    • ID#: AR19249367
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1957
    Built
    Neighborhood:
    C28 - Culver City
    County:
    Los Angeles
    Area:
    C28 - Culver City
    Property Description
    12055 Jefferson Blvd is an upgraded 4 unit apartment in the heart of Playa Vista. Located directly across the street from the Playa Vista Campus, Youtube, Google Spruce Goose Hanger, Belkin International, and walking distance to Whole Foods and the Playa Vista Runway, this cute property offers a turnkey investment for first time apartment buyer or even an owner user who can occupy one of the unit. This prime property is minutes away from Silicon Beach, Loyola Marimount University, LAX, the beach and major freeways. The unit mix is perfect for young professionals; it offers 2 x 1bed+1bath and 2 x studio units. It has a LA-C2 zoning which provides flexibility to be operated as apartment, commercial office or other allowed use. All the units have been upgraded with high-end designer upgrades. Three of the units are being sold fully furnished.Owner has been running the current vacant studio unit as AirBNB and recently leased this studio unit on a short term lease for $2500/month. This unit can be delivered vacant for an owner/user. Amenities include 5 parking spaces, coin operated washer and dryer room that generates additional income, electronic door locks, very low maintenance landscaping, copper plumbing, courtyard fountain, and on-site storage. The property is in an excellent demographics with +-$146k average household income within a mile radius.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Features Level With StreetRectangular LotNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 98460.00 Gross Operating Income 95506.00 Gross Scheduled Income 98460.00 Insurance Expense 820.00 Land Lease YN No Laundry YN Yes Net Operating Income 65617.00 New Construction YN No New Taxes Expense 18788.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 4 Number With Dishwasher 0 Number With Disposal 4 Number With Range 2 Number With Refrigerator 4 Operating Expense 29889.00 Property Sub Type Commercial/Residential Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7940.00 Total Expenses 29889.00 Trash Expense 0.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Handoko Chen of Gig Real Estate Inc. and Justin Mccardle of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T00:28:38.107. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094