4925 Indian Wood Road 478, Culver City, California 90230, Culver City, 90230 - 3 bed, 2 bath

4925 Indian Wood Road 478, Culver City, California 90230 home-pic-0
ACTIVE$800,000
4925 Indian Wood Road 478, Culver City, California 90230
3Beds
2Baths
1,213Sqft
104,310Lot
Year Built
1973
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$660
HOA
$698
Days on market
-
Sold On
-
MLS number
24462155
Home ConditionFair
Features
Good View: Courtyard, Pool
Pool
Spa
Patio
ViewCourtyard, Pool

About this home

We found 2 Cons,3 Pros. Rank: price - $800.0K(87th), sqft - 1213(75th), beds - 3(84th), baths - 2(50th).

Charming updated 1,213 sf 3 bedroom & 2 bath condo in most sought after Tara Hill's gated community of Culver City. Located on 2nd floor this corner unit is light and bright boasting a big loft/study, beautiful wood like flooring, high vaulted ceilings, built-in kitchen, large living room and separate dining area plus private patio. Amenities include; 24 hour guard, 2- pools, 2- spas, fitness center, playground and manicured grounds. Conveniently located in close proximity to Westfield Mall, parks and walking/jogging trail. Award winning Culver City Schools and minutes from the Platform, Ivy Station, Playa Vista, downtown Culver City and West Los Angeles College. Currently part of Chapter 11 Bankruptcy and must be sold. Currently Tenant occupied at $4,500 a month.

Price History

Date
Event
Price
04/20/00
Sold
$183,000
Condition Rating
Fair

The property was built in 1973, but the description mentions it's 'charming updated'. The images show updated wood-like flooring and a built-in kitchen, but the appliances and bathroom fixtures appear dated. While the unit seems maintained, it likely requires some additional updates to meet modern standards. The building is also part of Chapter 11 Bankruptcy and must be sold.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Tara Hill's gated community in Culver City, offering convenient access to Westfield Mall, parks, Platform, Ivy Station, and downtown Culver City.
Updated Unit: The condo features updated interiors including wood-like flooring, a built-in kitchen, and high vaulted ceilings, providing a modern and appealing living space.
Strong Rental Income: Currently tenant-occupied at $4,500 per month, presenting an immediate income stream for investors.

Cons

Bankruptcy Sale: The property is part of a Chapter 11 Bankruptcy, which may introduce complexities and potential delays in the purchasing process.
Tenant Occupied: The property is currently tenant-occupied, which may limit immediate access for showings and require navigating tenant rights and lease agreements.

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