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Key Details
Sold Price $1,880,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,712 sqft
Price per Sqft $398
MLS Listing ID 25501219
Bedrooms 10
Year Built 1922
Lot Size 0.252 Acres
Property Description
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. 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.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning LAR4
Interior
Flooring Carpet, Wood
Fireplaces Type Decorative
Exterior
Exterior Feature Koi Pond, Brick Driveway
Parking Features Attached Carport, Assigned, Carport, Driveway
Pool None
View Y/N No
View None
Roof Type Shingle,Wood
Building
Lot Description Landscaped
Story 2
Foundation Slab
Sewer Other
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Michael Libow • Compass