Active

11178 Culver Blvd

Culver City CA, 90230

$6,299,000


$741.76 per sqft

Active

2 Beds

22 Baths

8,492 sqft

Multi-family

Built in 1956

A Westside investment to grow with...Classic, SoCal "garden-style walkup" property surrounding a sparkling pool. The perfect unit mix, particularly for Culver City: Studio units are highly desirable for the young, 'hip' renting demos in Culver and West LA, where lifestyle and location trump bedroom count or square footage. Studios are highly approachable, pricewise, for many renters and therefore, vacancies are quickly filled. AND, Studios afford an operator a nice hedge against rent control! Some occasional, organic turnover, here, helps keep rents pacing with market - unlike buildings made up of 2 and 3 Bedroom units, that tend to turn over, less frequently. Location strength: Culver City straddles the 405 Fwy. and borders Venice, Playa Vista, Palms and Rico Robertson. The subject property is well-located between the 405 Fwy. and downtown Culver and Sony Studios - and easily walkable to all the retail and dining along Sepulveda, around the corner, literally. Lastly, excellent ASSUMABLE FINANCING AT ONLY 3.45%. Loan amount $2.48MM. Fixed until Mar. 2026.Priced at $286K/unit - well under the Culver City sales comp average of $333K/unit .EXCLUSIVELY LISTED AT $6,299,000.

24-403971

MLS ID

June 13, 2024

Listed

July 13, 2024

Updated

Map

11178 Culver Blvd
Culver City CA, 90230

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

22


Appliances

Range/Oven, Ceiling Fan, Refrigerator


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.25 Acres

Other Property Details

Area Name

Culver City


Days on Market

15


Garage

No


Parking

Carport Attached


Parking Total

0


View

No


County

Los Angeles


Pool

Yes


Pool Features

In Ground


Zoning

CCC3*

Listed by Brice Head with CBRE, Inc.
Listing Contact: 310-344-8218 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stormie Leoni shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

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