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Image 1 - 5304 Kinston Ave, Culver City, California, 90230 - House for sale
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Home For Sale In Culver City, California
5304 Kinston Ave, Culver City, California, 90230

Home For Sale In Culver City, California

house for sale
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Listed: 03/11/24

5304 Kinston Ave, Culver City, California, 90230

8 Bed:
4 Bath:
3,160 Sq Ft Living Area:
Save
Price
$ 2,2M

About This House

Tremendous Value-Add Potential. Huge corner ~10, 000sq ft lot in the prime Culver City area , pride of ownership, with 2 Approved ADU plans (a 3 bedroom and a 2 bedroom units ADUs ), totaling 6 units. Fully occupied 4 units with rents increasing September 1 collecting over $9000/mo. with substantial upside $6000/mo.+ for the 2 new ADUs, totaling$15, 000minimum per month. Plans have been approved in which the income will increase to ~$190, 000annual gross income. Best Culver City school district. On-site owned laundry facility which is highly used by tenants. Four parking garages and ample space for additional parking. Separately metered for gas and electric. Near many amenities and walking distance to Westfield Fox Hills Mall, Starbucks, Target, Ralphs, Pavilions, Party City, Denny's, Petco, Subway, West LA College and more.

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Culver City Housing & Living

Household Income

Median household income: $86,997
Number of households: 16,543
The average household income in Culver City, CA grew from $82,000 to $86,997 in the past year. This data is an estimate based upon 16,543 households in Culver City, CA.
The chart below presents how household income is distributed in Culver City, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Culver City, CA compared to median property taxes around the country. The prevalent amount of property taxes in Culver City, CA equals $3k+ , which is more than the national average.