3819 Dunn Dr - Apartments FOR SALE


Culver City, CA 90232
$1,950,000 USD
213-268-1515
3819 Dunn Dr, Culver City, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/12
null | 4.63% Cap Rate

3819 Dunn Dr
Culver City, CA 90232


HIGHLIGHTS

  • Unique Story-book architecture designed by Disney artisan.
  • Located in the most desirable section of Downtown Culver City
  • Located on a densely populated residential street

OVERVIEW

Affectionately known as "Hobbit House", this unique 9-Unit apartment campus, featuring story-book architecture was designed and built in the 1940's by Disney Artist, Lawrence Joseph. The property is located in the heart of Culver City, the creative epicenter of Los Angeles boasting the entertainment headquarters of numerous industry leaders (Apple, Amazon Studios, Sony Pictures). The Hobbit-like House is a generational asset and an opportunity to buy a piece of Hollywood history. The five story-book structures have shingled roofs and there is parking onsite for a total of 9 cars. Current leases are below market rates, presenting an opportunity for future rent adjustments. The property is being offered "as-is" via Trust Sale. No Court Confirmation is required.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$414 USD /SF

# OF UNITS

9

PRICE/UNIT

$216,667

CAP RATE

4.63%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hobbit Houses ~ 9-Units Culver City, CA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,980 SF

ZONING

R-4

APN/PARCEL ID

4207-005-005,4207-005-006

ASK ABOUT THIS PROPERTY

Chris HuddlestonThe Sher GroupMore Info
213-268-1515

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Chris HuddlestonThe Sher GroupMore Info
213-268-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.