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5304 Kinston Ave, Culver City, CA, 90230
Corner Lot Multifamily with ADUs

5304 Kinston Ave Culver City, CA 90230

For Sale
Contact for pricing
Pending

Fully occupied with 4 units, plus submitted plans for two additional ADUs and on-site additional parking.

Days on Market106

Property Features for 5304 Kinston Ave

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: JSA Properties International, Inc.
Listed By: Jonathan Amirieh · License #00899191
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 24 at 11:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JSA Properties International, Inc.


Investment Insights

Based on property information with market context.

This corner property on a roughly 10,000 sq. ft. lot is currently fully occupied with 4 units. Submitted plans are in place to add 2 new ADUs, including one 3-bedroom and one 2-bedroom, for a total of 6 units. The owner notes plans have been submitted and expects final approval in July 2023. Projected income is provided in the remarks, with income increasing to approximately $190,000 annual gross once approved.

The property includes on-site additional parking and is separately metered for gas and electric. Located in the Culver City area, it is described as near many amenities and within walking distance of Westfield Fox Hills Mall and a range of retailers and restaurants, including Starbucks, Target, Ralphs, Pavilions, Party City, Denny’s, Petco, Subway, and West LA College.

Key Highlights

  • Huge corner lot (~10,000 sq ft) in the Culver City area with submitted ADU plans for 2 new ADUs
  • Plans call for 3‑bedroom and 2‑bedroom ADUs, for a total of 6 units on the property
  • Currently fully occupied with 4 units, collecting over $9,000/month in rents

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied with 4 units, plus submitted plans for two additional ADUs and on-site additional parking.
Where is this apartment building located?
The property is located at 5304 Kinston Ave Culver City, CA.
What are key features of this property?
This property features: Huge corner lot (~10,000 sq ft) in the Culver City area with submitted ADU plans for 2 new ADUs; Plans call for 3‑bedroom and 2‑bedroom ADUs, for a total of 6 units on the property; Currently fully occupied with 4 units, collecting over $9,000/month in rents
More about this property
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