Culver City, CA 90230,12006 Hammack Street
$1,950,000
$2,100,000
7.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,946 SqFt

12006 Hammack Street Culver City, CA 90230

Est. payment /mo
SOLD DATE : 09/05/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,950,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,946 sqft

Price per Sqft $327

MLS Listing ID CRSB23049847

Sold Date 09/05/23

HOA Y/N No

Year Built 1959

Lot Size 7,398 Sqft

Acres 0.17

Property Description

12006-12012 Hammack St, Culver City is trophy asset, in an A+ location, with over 100% upside in rental income! Once units are rented for market, the property will operate at a 10.21% CAP and 7.69 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of two separate buildings, a fourplex and triplex, on one lot. The unit mix is comprised of (7) spacious 2Bed+1Bath units, with (1) unit being currently tenant ready. There are 8 parking spots on site, with plenty of street parking. The subject property is located just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.

Location

State CA

County Los Angeles

Area Culver City

Zoning LARD

Interior

Fireplace No

Laundry Inside

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 4220010033

Read Less


Bridge MLS
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
Bought with RamonCastro

GET MORE INFORMATION

Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.