RealKey
‪(213) 433-7766‬

4270 Elenda Street, Culver City, California 90230, Culver City, 90230 - bed, bath

4270 Elenda Street, Culver City, California 90230 home-pic-0
ACTIVE$1,999,000
4270 Elenda Street, Culver City, California 90230
0Bed
0Bath
1,634Sqft
4,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turn-Key Investment: The property is described as a 'turn-key investment' with major system upgrades and strong rental potential, offering immediate income generation with two occupied units and one vacant unit ready for market-rate rental.
Top Cons:
Older Building Age: Despite extensive renovations, the property was originally built in 1948, which may lead to unforeseen structural or foundational issues not covered by recent upgrades, or higher insurance premiums.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1948 (77 years old).
Condition: Despite being built in 1948, this triplex has undergone extensive and recent renovations between 2017-2018, with additional significant upgrades in 2021 and 2022. The description explicitly states new roof, electrical, plumbing, gas lines, tankless water heaters, central air/heat, recessed lighting, double-pane windows, and all new appliances. The kitchens and bathrooms have been fully renovated with modern cabinetry, stone countertops, and tile backsplashes, as confirmed by the high-quality images showing contemporary finishes and fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1948
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,223
HOA
-
Days on market
-
Sold On
-
MLS number
PW25120033
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Prime Culver City triplex featuring three 1-bedroom, 1-bathroom units with extensive renovations completed between 2017 and 2018, plus additional upgrades in 2021 and 2022. Two units are currently tenant-occupied and one unit will be delivered vacant at close of escrow for immediate rental at current market rates. Property upgrades include new roof on main building and garage (2021/2022), new electrical and plumbing systems including gas line, new tankless water heaters, new central air and heat for each unit, new recessed lighting, new durable faux hardwood flooring, new double-pane windows, and all new appliances (washer/dryer, dishwasher, stove/microwave, refrigerator). Kitchens and bathrooms have been fully renovated with stone countertops, tile backsplashes, and modern cabinetry. Detached 3-car garage includes a new double garage door and new motor for single-car entry. Front and back yards are serviced by an automatic sprinkler system. Excellent location within walking distance to Farragut Elementary, Culver City Middle School, Culver City High School, and Veterans Park. A turn-key investment property with major system upgrades and strong rental potential in one of Culver City’s most desirable neighborhoods.

Condition Rating
Excellent
Despite being built in 1948, this triplex has undergone extensive and recent renovations between 2017-2018, with additional significant upgrades in 2021 and 2022. The description explicitly states new roof, electrical, plumbing, gas lines, tankless water heaters, central air/heat, recessed lighting, double-pane windows, and all new appliances. The kitchens and bathrooms have been fully renovated with modern cabinetry, stone countertops, and tile backsplashes, as confirmed by the high-quality images showing contemporary finishes and fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Turn-Key Investment: The property is described as a 'turn-key investment' with major system upgrades and strong rental potential, offering immediate income generation with two occupied units and one vacant unit ready for market-rate rental.
Extensive Recent Renovations: Significant renovations completed between 2017-2018 and further upgrades in 2021-2022, including new roof, electrical, plumbing, tankless water heaters, central air/heat for each unit, double-pane windows, and new appliances, minimize immediate capital expenditures.
Modernized Interiors: All units feature fully renovated kitchens and bathrooms with stone countertops, tile backsplashes, modern cabinetry, new recessed lighting, and durable faux hardwood flooring, enhancing tenant appeal and market value.
Excellent Location & Walkability: Situated in a desirable Culver City neighborhood, the property boasts an excellent location within walking distance to top-rated schools (Farragut Elementary, Culver City Middle, Culver City High) and Veterans Park, appealing to a wide range of tenants.
Individual HVAC Systems: Each unit is equipped with new central air and heat, providing individual climate control and a significant amenity for tenants, contributing to higher tenant satisfaction and retention.

Cons

Older Building Age: Despite extensive renovations, the property was originally built in 1948, which may lead to unforeseen structural or foundational issues not covered by recent upgrades, or higher insurance premiums.
Limited Unit Configuration: All three units are 1-bedroom, 1-bathroom, which may limit the potential tenant pool, primarily attracting singles or couples and potentially excluding families seeking more living space.
Potential for Rent Control: As an older multi-unit property in Culver City, it may be subject to local rent control ordinances, which could restrict future rental income growth and impact investment returns.

Best solution for experienced home buyers!

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

Browse Properties by State Browse housing market trends by state