4045 Madison Avenue, Culver City, CA 90232

$2,500,000
For Sale
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Property Details

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4045 Madison Avenue, Culver City, California 90232

Description:

Lambert Investments, Inc. proudly offers for sale a 4 unit building in Prime Downtown Culver City, California. Located right in the heart of the bustling Downtown District of Culver City. Situated on a sweet, quiet treelined neighborhood street. Walking distance to the happening district with award winning restaurants, stores and Sony Studios. Close to the Metro and the 405 & 10 freeways. Very high demand area to live and rent in this community. Property has been in the same family for decades. Built in 1964, consisting of 4 units of approximately 5,418 square feet, sitting on a 6,744 square foot lot. Great unit mix ideal for owner-user and investor. The 3 bedroom units have fi replaces. Eight parking spaces consisting of four 1-car parking garages and 4 open driveway spaces. On site common area laundry facility. Individually metered gas and electric. Unique opportunity to reposition and add value in this prime location. Close to the neighboring communities of Marina Del Rey and world renowned Silicon Beach. A new roof was installed in 2015 with a 10 year warranty, and there is copper plumbing throughout. Property is sold as is without any seller warranties and/or guarantees. Sale is contingent upon seller locating a property for a 1031 Exchange