Condominium buy in Culver City California

MAJOR PRICE REDUCTION!!! Price reduced $225,000. This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot at 10875 Venice Blvd. -the total asking price for both properties is $3,250,000. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage in the commercial space with the furniture store & 4 apartments totals 4,964 Sq. Ft and the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft. MLS® ID: 22183129 Listed: 7/25/22 Updated: 10/17/22 Interior Features Kitchen Appliances: Refrigerator Total Bedrooms: 2 Full Bathrooms: 2 Laundry Description: See Remarks Fireplace: None Cooling: None Exterior/Building Features Lot Size: 2,255 ft2 lot Architectural Style: Other Other Property Details Area Name: C13 - Palms - Mar Vista Garage: No Parking: None View: Y County: Los Angeles Pool: No Pool Description: None Total Stories: 1 Zoning: LAC2 Property History Date Event Price Value 10/6/22 Price Change $3,250,000 -6% Courtesy of Miller & Desatnik Realty Co., Gary Fox, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.