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4628 Maytime Lane, Culver City, California 90230, Culver City, 90230 - 3 bed, 2 bath

4628 Maytime Lane, Culver City, California 90230 home-pic-0
ACTIVE$885,000
4628 Maytime Lane, Culver City, California 90230
3Beds
2Baths
1,289Sqft
170,340Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Rare Lake Views: The townhome offers rare and desirable lake views from the unit and community areas, significantly enhancing its appeal and lifestyle.
Top Cons:
High Monthly Association Fee: The association fee of $1,352.54 per month is exceptionally high, which could significantly impact affordability and long-term ownership costs for potential buyers.

Compared to the nearby listings

Price:$885.0K vs avg $625.0K (+$260,000)92%
Size:1,289 sqft vs avg 972 sqft84%
Price/sqft:$687 vs avg $61279%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this townhome has undergone significant recent updates, including a new roof and new heating and air conditioning, ensuring major systems are in excellent condition. The interior has been 'recently refreshed,' and the kitchen features modern stainless steel appliances. While the kitchen cabinets and tile flooring show a somewhat dated style, they are clean and functional. The bathroom, particularly the vanity and light fixture, appears dated and would benefit from a renovation to match current styles. However, the property is move-in ready, well-maintained, and does not require immediate major renovations, aligning with a 'Good' condition score.
Year Built
1975
Close
-
List price
$885K
Original List price
$918K
Price/Sqft
$687
HOA
$1,352.54
Days on market
-
Sold On
-
MLS number
25598573
Home ConditionGood
Features
Good View: Lake
Deck
ViewLake

About this home

Come to see this recently refreshed townhome with the rare lake views that you have been waiting for. Main photo was taken from the front of this unit at the lake! Seller has moved on and the unit is ready to go and priced to sell. It has 3 bedrooms, 2 baths, 1 bedroom is downstairs being used as an office, and has an attached bath. There are 3 outdoor patios for al fresco dining. Enjoy the outdoor lake views while you dine. The kitchen has been updated and includes in unit washer and dryer and a large pantry. There is new heating and air conditioning. There is 2 car side by side parking with storage units. New roof just installed! Shopping and restaurants are right across the street at Raintree Plaza! This unit is also located near the Clubhouse and pool, also featuring lake views. The Clubhouse features a kitchen, library area, hardwood floors and plenty of room for entertaining. Downstairs features saunas, a gym and a pool table. Lakeside Villas has gated access with 24 hour access personnel. It is 2 dog friendly with park-like grounds and activities so you can get to know your neighbors. Has on site Management. This property with its park-like grounds was once part of the MGM movie lot.

Price History

Date
Event
Price
03/07/24
Sold
$875,000
02/18/15
Sold
$540,500
Condition Rating
Good
Built in 1975, this townhome has undergone significant recent updates, including a new roof and new heating and air conditioning, ensuring major systems are in excellent condition. The interior has been 'recently refreshed,' and the kitchen features modern stainless steel appliances. While the kitchen cabinets and tile flooring show a somewhat dated style, they are clean and functional. The bathroom, particularly the vanity and light fixture, appears dated and would benefit from a renovation to match current styles. However, the property is move-in ready, well-maintained, and does not require immediate major renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

Rare Lake Views: The townhome offers rare and desirable lake views from the unit and community areas, significantly enhancing its appeal and lifestyle.
Extensive Community Amenities: Residents benefit from a gated community with 24-hour personnel, a clubhouse featuring a gym, saunas, pool, and library, plus park-like grounds, providing a resort-like living experience.
Recent Updates & Maintenance: The property boasts a recently refreshed interior, updated kitchen, new heating and air conditioning, and a newly installed roof, minimizing immediate capital expenditures for a buyer.
Prime Culver City Location: Strategically located directly across from Raintree Plaza, offering immediate access to shopping and restaurants, within the highly sought-after Culver City area.
Practical & Lifestyle Features: Includes convenient in-unit washer and dryer, a large pantry, three outdoor patios for al fresco dining, and 2-car side-by-side parking with storage units.

Cons

High Monthly Association Fee: The association fee of $1,352.54 per month is exceptionally high, which could significantly impact affordability and long-term ownership costs for potential buyers.
Recent Price Reductions: Multiple price reductions from the original list price ($918,000 to $885,000) may indicate the property was initially overpriced or is facing market resistance, potentially signaling a need for further adjustment.
Age of Building: Built in 1975, the property is nearly 50 years old. While updated, the age of the overall structure and common elements may lead to higher maintenance costs or future assessments not covered by the current HOA fee.

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