5625 Sumner Way 109, Culver City, California 90230, Culver City, 90230 - 2 bed, 2 bath
ACTIVE$700,000
5625 Sumner Way 109, Culver City, California 90230
2Beds
2Baths
1,069Sqft
28,247Lot
Year Built
1967
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$655
HOA
$450
Days on market
-
Sold On
-
MLS number
SB25010913
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $700.0K(78th), sqft - 1069(60th), beds - 2(50th), baths - 2(50th).
Beautiful Westside Condo located in the quiet and professional section of Fox Hills. The unit is great for a professional couple or a small family as a starter investment. The idea investment for a two-bedroom rental unit with short term rental approved by the HOA.
Price History
Date
Event
Price
01/15/25
Listing
$700,000
07/22/14
Sold
$395,000
07/22/14
Sold
$395,000
06/29/07
Sold
$469,000
05/11/05
Sold
$380,000
06/21/00
Sold
$130,000
Condition Rating
Fair
Built in 1967, this property shows its age, particularly in the kitchen and bathrooms. While the living areas benefit from updated hardwood flooring and fresh paint, the kitchen features dated tile countertops and backsplash, black appliances (including an older coil-top stove), and older cabinet hardware. The bathrooms also exhibit outdated tile styles. The property is functional and appears well-maintained, but requires minor updates to major components like the kitchen and bathrooms to align with current market expectations and styles.
Pros & Cons
Pros
Prime Location: Located in the desirable Westside, specifically the quiet and professional Fox Hills section of Culver City, offering a sought-after address.
Strong Investment Potential: Positioned as an ideal starter investment for a professional couple or small family, with clear rental income possibilities.
Short-Term Rental Approved: The HOA explicitly approves short-term rentals, providing a significant advantage for investors seeking flexible income generation.
Functional Layout: Offers a practical 2-bedroom, 2-bathroom layout spanning 1069 sqft, suitable for its target demographic of professional couples or small families.
Desirable School District: Situated within the highly-regarded Culver City Unified High School District, which is a strong draw for families.
Cons
Building Age: Built in 1967, the property is older and may require updates or could incur higher maintenance costs associated with an aging structure.
High Monthly HOA Fees: The $450.0 monthly association fee represents a substantial recurring cost that impacts overall affordability and investment returns.
Lack of View: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks in a desirable area.