LAFAYETTE CULVER CITY, CA 90232

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

The ABSOLUTE BEST LOCATION in Downtown Culver City. Lafayette Place. AND, OWNER FINANCING. OWNER WILL CARRY THE FIRST at 6% interest for 5 years. Just 1/2 block from Culver Blvd and all of the Vibrancy of Downtown. Walk to all of the restaurants, bars and shops as well as to Sony Pictures, Amazon Studio, Ivy Station, The Platform and much more. Immaculate 5 unit building on a huge 9033 square foot lot. Potential for future development. All new vinyl dual pane windows. Exterior newly painted. 4 detached garages are used by owner and will be vacant for additional income. 5 units, all one bedroom + one bath with hardwood floors, ceiling fans and front and back doors. All units have washer and dryers in the units. Some units have remodeled kitchens, flooring etc. Individual water heaters and gas and electric meters. Owner pays water. Two of the units have private enclosed patios and the rear unit, over the garages has a private deck. One unit is owner occupied at $1600 per month. This rent will be $2500 at close of escrow. Potential income from 4 inclosed garages is $1000 per month.