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2627 Cullen St, Los Angeles, CA 90034
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2627 Cullen St Los Angeles, CA 90034

$1,200,000 Sold Price as of 07/18/2023
  • 5 Beds
  • 4 Baths
  • 2,736 Sq.Ft.
Sold
$1,200,000 Sold Price as of 07/18/2023 Refinance Your Mortgage
Map preview of 2627 Cullen St, Los Angeles, CA 90034

Property Overview: 2627 Cullen St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,736 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this four-plex with incredible upside. The property has a unit mix of three (1br/1ba) and one (2br/1ba) which has its own fenced private garden + each unit has its own garage for your car or extra storage. Centrally located near Venice Blvd and La Cienega Blvd which offers easy access to the 10 freeway, entertainment, shopping, work, and Arts districts, making it an ideal spot for residents to live, work and play.The neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, attracting high-quality tenants due to the influx of entertainment, tech, and creative jobs. The property is surrounded by numerous local attractions, including Historic Culver City, Helms Bakery, Adams district for art shows and cultural events, Amazon Studios headquarters, Ivy Station, HBO headquarters, and the Cumulus development are all in close proximity.The location has excellent potential for growth and development, as the Lot is zoned LARD 1.5 allowing for development and expansion in the future. Overall, this four-plex is an exceptional investment opportunity for owner-users, 1031 exchange, investors, and developers who are looking to capitalize on the Los Angeles rental market.

Listed by Michael Flanagan | BRE #01836941 | Keller Williams Larchmont
Co-listed by Peter F Gragnani | BRE #01335700 | Gragnani Real Estate
Last checked: 3 minutes ago | Last updated: July 18th, 2023 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
1947
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23257815
City
Los Angeles
County
Los Angeles
Time on Site
406 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,047
  • Total Rent: $1,047
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,103
  • Total Rent: $1,103
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $57,576
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2627 Cullen St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Bath
Room Information
  • Flooring: Wood, Tile
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5065006016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South of 10FWY along La Cienega Blvd. Turn right at Cullen st, property on RHS
View more facts & features

Local Los Angeles Agent

Sale History for 2627 Cullen St

Last sold for $1,200,000 on July 18th, 2023

  • July, 2023

  • Jul 18, 2023

    Date

    Sold

    CRMLS: 23257815

    $1,200,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: 23257815

    $1,999,000

    Price

  • February, 2023

  • Feb 28, 2023

    Date

    Canceled

    CRMLS: 22212261

    $1,175,000

    Price

  • Oct 25, 2022

    Date

    Active

    CRMLS: 22212261

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Charming four-plex located at the end of a lovely tree lined cul-de-sac adjacent to The Culver City's Art District. Three of the units are one bed, one bath. The rear fourth unit, over the garage, is a two bed and one bath which also has a fenced private yard area. There are four single car garages accessed from the rear alley. Located in one of LA's hottest and most vibrant neighborhoods surrounded by art galleries, restaurants, near Expo Light Rail Ivy Station, HBO headquarters, Apple, Amazon, and downtown Culver City.

  • October, 2020

  • Oct 7, 2020

    Date

    Leased

    CRMLS: BB20165001

    $2,295

    Price

  • Sep 30, 2020

    Date

    Price Change

    CRMLS: BB20165001

    $2,295

    Price

  • Sep 19, 2020

    Date

    Price Change

    CRMLS: BB20165001

    $2,395

    Price

  • Sep 5, 2020

    Date

    Price Change

    CRMLS: BB20165001

    $2,495

    Price

  • Aug 14, 2020

    Date

    Active

    CRMLS: BB20165001

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    Upper-level two-bedroom, one bathroom, with wood floors, one car garage, and closed front yard. Recently repainted with slight renovations, this bright and spacious apartment comes with refrigerator and stove, granite counter-tops, breakfast nook, and plenty of closet space both in the bedrooms and in the hallway. One-year lease has water and trash included, and one small pet allowed with addition pet deposit.

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Tax History for 2627 Cullen St

Assessed Value (2020): $207,066
Year Land Value Improved Value Assessed Value
2020 $88,415 $118,651 $207,066

Home Value Compared to the Market

This property vs the competition

2627 Cullen St sold on July 18, 2023 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $438.6 per/sqft which puts the price per square foot 41.91% lower than the current median sale per square foot for the city of Los Angeles.

About 2627 Cullen St

Detailed summary of property

2627 Cullen St is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,736 living square feet, and sits on an approximately 6,001 square foot lot. 2627 Cullen St was first listed on ArdentRealEstateGroup.com on April 8, 2023. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 2747 S Mansfield Ave, 3008 S West View St and 1432 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 92 days, 2627 Cullen St has a days on market of 83 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2627 Cullen St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2627 Cullen St

Public county record property details
Beds
5
Baths
4
Year built
1947
Sq. Ft.
2,736
Lot Size
6,001
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
5065-006-016

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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