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PRESENTED BY: Prosser Stevens Real Estate Investments 2701 Ocean Park Blvd. Suite 140, Santa Monica, CA 90405 310.482.2209 [email protected] OFFERING HIGHLIGHTS Prime Culver City near Sony Studios Non-rent controlled, beautifully remodeled duplex Brazilian Teak hardwood floors, stainless steel appliances Nicely landscaped private backyards with grass, stone patio, 6’ wood fence One car garage per unit; one converted to sound-proof recording studio High-performance washer/dryer in both units Excellent Culver City schools and city services Upgraded plumbing, sewer, electrical Exclusively listed for $975,000 MARKETING PRESENTATION

OFFERING HIGHLIGHTS - files.ctctcdn.comfiles.ctctcdn.com/796e91ba001/33aaae18-dd41-466d-9595-1989e1c23… · Property Prosser Stevens Real Estate Investments proudly announces the

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PRESENTED BY: Prosser Stevens Real Estate Investments

2701 Ocean Park Blvd. Suite 140, Santa Monica, CA 90405 310.482.2209 [email protected]

OFFERING HIGHLIGHTS Prime Culver City near Sony Studios

Non-rent controlled, beautifully remodeled duplex

Brazilian Teak hardwood floors, stainless steel appliances

Nicely landscaped private backyards with grass, stone patio, 6’ wood fence

One car garage per unit; one converted to sound-proof recording studio

High-performance washer/dryer in both units

Excellent Culver City schools and city services

Upgraded plumbing, sewer, electrical

Exclusively listed for $975,000

MARKETING PRESENTATION

PROPERTY INFORMATION

Listing Summary

Financial Overview

Rent Roll

Property Location

Parcel Orientation

Photography

COMPARABLES

Sales Comparables

Sales Comparables Map

Rent Comparables

Rent Comparables Map

CONTACT

Mike Matthias

BRE#01489863

Prosser Stevens Real Estate Investments

[email protected]

310-482-2185 office

310-861-1175 fax

www.ProsserStevens.com

CONTENTS

Property Prosser Stevens Real Estate Investments proudly announces the exclusive listing of 5109 Overland Avenue in Culver City. The non-rent controlled duplex property offers two beautifully remodeled units featuring Brazilian Teak hardwood floors, new cabinetry, stainless steel appliances, new doors and crown molding throughout, high-performance washer/dryers per unit, fenced and landscaped backyards and one-car garages. Each unit is 2+1.

Area The subject property is located in Culver City on Overland Avenue north of Jefferson Blvd. It is walking distance to West LA City College, Culver City High School, Sony Pictures Studios and numerous retail establishments including Ralph’s grocery, Target, Bed Bath & Beyond and Babies ‘R Us.

Units 2 Gross RSF 1,417

Cross Street Overland & Virginia Parcel SF 4,998

Market Culver City Tax Parcel Number 4210-001-015

Year Built 1944 Building (1) 1-story

Parking (2) One-car garages Utilities Separately metered gas & electricity

Zoning Type CCR4YY

PROPERTY SUMMARY

HIGHLIGHTS

DESCRIPTION

FINANCIAL SUMMARY

RENT ROLL

PROPERTY LOCATION

PARCEL MAP

SUBJECT PROPERTY: 5109 Overland Avenue, 90230 Year Built: 1950 Unit Mix: (2) 2+1

LIST PRICE UNITS BLDG S.F. PRICE / S.F. PRICE / UNIT

$975,000 2 1,417 $688 $487,500

4017 Higuera Street Sold: 1/28/2015 Year Built: 1948 Unit Mix: (1) 2+1, (1) 1+1

SALE PRICE UNITS BLDG S.F. PRICE / S.F. PRICE / UNIT

$835,000 2 1,230 $679 $417,500

4065 Irving Place Sold: 1/8/2015 Year Built: 1918 Unit Mix: (1) 3+2, (1) 2+2

SALE PRICE UNITS BLDG S.F. PRICE / S.F. PRICE / UNIT

$1,215,000 2 2,097 $579 $607,500

9047 Carson Street Sold: 1/2/2015 Year Built: 1947 Unit Mix: (1) 3+2, (1) 2+1

SALE PRICE UNITS BLDG S.F. PRICE / S.F. PRICE / UNIT

$1,199,000 2 2,202 $545 $599,500

8920 Carson Street Sold: 10/15/2014 Year Built: 1922 Unit Mix: (1) 3+2, (1) 1+1

SALE PRICE UNITS BLDG S.F. PRICE / S.F. PRICE / UNIT

$998,000 2 1,435 $695 $499,000

4117 Huntley Avenue Listed: 2/12/2015 Year Built: 1950 Unit Mix: (1) 2+2, (1) 1+1

LIST PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT

$975,000 2 1,716 $564 $487,500

3126 Roberts Avenue Listed: 2/2/2015 Year Built: 1956 Unit Mix: (2) 2+1

LIST PRICE UNITS BLDG S.F. PRICE S.F. PRICE / UNIT

$863,000 2 1,716 $503 $431,500

ACTIVE & SOLD COMPARABLES

ACTIVE & SOLD COMPARABLES MAP

RENT COMPARABLES

4900 Overland Avenue

RENT BED BATH SIZE PARKING DESCRIPTION

$2,700 2 2 962 S.F. 1-car Vaulted ceilings, crown moldings, hardwood floors, fireplace, pool, jacuzzi, sauna, parking spot

4900 Overland Avenue

RENT BED BATH SIZE PARKING DESCRIPTION

$2,600 2 2 964 S.F. 2-car Vaulted ceilings, upgraded bathroom, new carpet, pool, jacuzzi, 2 covered parking spots

4177 Jasmine Avenue

RENT BED BATH SIZE PARKING DESCRIPTION

$2,600 2 1 849 S.F. 1-car Upgraded bathroom, new appliance, one car garage, shared yard

RENT COMPARABLES MAP

CONTACT

Mike Matthias

BRE#01489863

[email protected]

310-482-2185 office

310-861-1175 fax

Prosser Stevens Real Estate Investments

www.ProsserStevens.com