ACTIVE$1,749,000

3433 Sherbourne Drive, Culver City, California 90232

4Beds

2Baths

1,550Sqft

6,104Lot

Year Built

1947

List price

$1.75M

Original List price

$1.79M

Price/Sqft

$1,128

HOA

Days on market

Sold On

MLS number

SB25122021

Home ConditionGood

Features

View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.75M(50th), sqft - 1550(40th), beds - 4(60th), baths - 2(60th).

Location, location, location! Not only is this duplex situated on a quiet street just steps away from Culver City’s bustling tech and entertainment hub, it has just undergone a complete remodel! The new updates include a brand new kitchen, flooring, paint, and appliances including a new dishwasher, refrigerator, and in-unit washer/dryer. There is also a new central AC/heating system, new electric panels and new copper plumbing, and a completely updated front yard with artificial grass and gravel backyard. Each unit has 2 bedrooms/1 bath. The address for the back unit is 3435 Sherbourne Drive. The duplex has a total of 4 bedroom/2 baths with a private large backyard that the city will approve for an additional 2 units (for up to 1600 living sqft). Both units have separate electric and gas meters, and a two car garage with tandem parking. Major attractions nearby include Downtown Culver City, Sony Studios, Warner Brothers Discovery, Amazon, Apple and Google. The Culver City Scenic Overlook allows for fantastic outdoor hiking. Also close by is the Kenneth Hahn State Recreation Park. The Expo light rail line is also a convenient option to get around Los Angeles. Short distance to Santa Monica, Playa Vista, Century City, UCLA, and Beverly Hills. This is a rare opportunity for an investor to purchase an income property in a great Culver City location.

Nearby schools

6/10

Linwood E. Howe Elementary School

Public,•K-5•0.8mi

4/10

Shenandoah Street Elementary School

Public,•K-5•0.8mi

6/10

Baldwin Hills Elementary School

Public,•K-5•1.0mi

6/10

Marvin Elementary School

Public,•K-5•1.0mi

3/10

Palms Elementary School

Public,•K-5•1.5mi

9/10

Farragut Elementary School

Public,•K-5•1.8mi

6/10

La Ballona Elementary School

Public,•K-5•1.9mi

4/10

Charnock Road Elementary School

Public,•K-6•2.3mi

8/10

El Rincon Elementary School

Public,•K-5•2.3mi

3/10

Stoner Avenue Elementary School

Public,•K-5•2.9mi

5/10

Braddock Drive Elementary School

Public,•K-5•3.1mi

6/10

Grand View Boulevard Elementary School

Public,•K-5•3.3mi

8/10

Playa Del Rey Elementary School

Public,•K-5•3.5mi

5/10

Westport Heights Elementary School

Public,•K-5•4.3mi

8/10

Coeur D'Alene Avenue Elementary School

Public,•K-5•4.9mi

7/10

Culver City Middle School

Public,•6-8•1.8mi

7/10

Palms Middle School

Public,•6-8•2.0mi

3/10

Daniel Webster Middle School

Public,•6-8•3.1mi

3/10

Parent (Frank D.) Elementary School

Public,•K-8•3.1mi

2/10

Audubon Middle School

Public,•6-8•3.2mi

2/10

Marina Del Rey Middle School

Public,•6-8•3.6mi

4/10

Orville Wright Engineering And Design Magnet

Public,•6-8•4.3mi

6/10

Alexander Hamilton Senior High School

Public,•9-12•0.6mi

8/10

Culver City High School

Public,•9-12•1.8mi

2/10

Susan Miller Dorsey Senior High School

Public,•9-12•2.0mi

6/10

Venice Senior High School

Public,•9-12•4.1mi

2/10

Inglewood High School

Public,•9-12•4.8mi

4/10

Westchester Enriched Sciences Magnets

Public,•9-12•5.4mi

Price History

Date

Event

Price

01/05/24

Sold

$1,315,000

Condition Rating

Good

The property, built in 1947, has undergone a complete remodel including a new kitchen, flooring, paint, appliances, central AC/heating, electric panels, and copper plumbing. The description indicates that the updates are recent and comprehensive, suggesting a 'good' condition despite the age of the original structure. The image shows a well-maintained exterior with new artificial grass.

Pros & Cons

Pros

Prime Location: Situated on a quiet street steps away from Culver City's tech and entertainment hub, offering high desirability and potential for appreciation.

Complete Remodel: The duplex has undergone a complete remodel, including a new kitchen, flooring, paint, appliances, central AC/heating, electric panels, and copper plumbing, minimizing immediate maintenance costs.

Income Potential: As a duplex with two units (2 bed/1 bath each) and separate electric/gas meters, it provides immediate rental income opportunities.

Development Potential: The large backyard has city approval for an additional 2 units (up to 1600 sqft), offering significant expansion and value-add possibilities.

Desirable Amenities: Includes a two-car garage with tandem parking and in-unit washer/dryer, enhancing tenant appeal.

Cons

Price Point: List price of $1,749,000 may be a barrier to entry for some investors, requiring careful financial analysis to ensure ROI.

Lot Size: While the lot allows for additional units, the lot size of 6,104 sqft may present limitations or design constraints for future development.

Competition: Culver City is a desirable area, so there may be competition from other investors looking for similar income properties.

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

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3433 Sherbourne Drive, Culver City, California 90232, Culver City, 90232 - 4 bed, 2 bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI