Active

11178 Culver Boulevard

Culver City CA, 90230

$6,299,000


$741.76 per sqft

Active

2 Beds

22 Baths

8,492 sqft

Residential

Built in 1956

Listed by Brice Head with CBRE, Inc. 310-363-4900

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.

24403971

MLS ID

June 13, 2024

Listed

July 14, 2024

Updated

Map

11178 Culver Boulevard
Culver City CA, 90230

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

22


Interior Features

Ceiling Fan(s)


Appliances

Refrigerator


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.25 Acres

Other Property Details

Area Name

C28 - Culver City


Days on Market

15


Garage

Yes


Parking

Attached Carport


Parking Total

0


View

No


County

Los Angeles


Pool

Yes


Pool Features

In Ground


Zoning

CCC3*


Buyer Agency Compensation

2.5%

Listing Contact: 310-363-4900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 6:22 AM UTC

 

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