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
August 23, 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
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024