Investment Summary:

• Location: Culver City, CA (Fox Hills Neighborhood)
• Property Type: Fully renovated and furnished Mid-term rental
• Beds/Baths: 3 bed / 2 bath
• Size: 1,170 sqft
• Price: $800,000
• Down Payment: 15%
• Seller Financing Terms: 30-year amortization, 5% interest, monthly payments of $3,650.39, 10-year balloon
• HOA Fees: $450/month
• Rentometer Median Rent: $4,200
• Monthly Cash Flow: Positive, fully rented as a Mid-term rental

Key Details:

• Fully Renovated & Furnished: Property is turnkey and generating consistent rental income from Mid-term tenants
• Immediate Cash Flow: Perfect for investors looking for a hassle-free, income-generating property
• Seller Financing: Attractive financing option with 5% interest and 10-year balloon payment
• Strong Comps: Recent sales in the area suggest an ARV of $750,000–$850,000

Comps Breakdown:

• 6525 Green Valley Cir Unit 116
  • 3 Bed / 2 Bath / 1,524 sqft
  • Sold for: $850,000
  • Sale Date: 07/30/2024

• 5854 Doverwood Dr Unit 218

  • 3 Bed / 3 Bath / 1,462 sqft
  • Sold for: $805,000
  • Sale Date: 08/06/2024

• 5900 Canterbury Dr APT K228

  • 3 Bed / 2 Bath / 1,238 sqft
  • Sold for: $760,000
  • Sale Date: 09/10/2024

Investment Highlights:

• Prime Location: Centrally located near Fox Hills Park, downtown Culver City, and major entertainment hubs
• Modern Upgrades: Recently remodeled with quartz countertops, stainless steel appliances, LED lights and wide plank wood flooring
• Community Amenities: Two assigned parking spaces, Includes access to laundry room, a pool, clubhouse, and proximity to outdoor recreation areas.