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    11178 Culver Blvd

    Culver City, CA 90230
    • $6,099,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 20-653898
    UPDATED: 42 min ago
    $6,099,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,492
      SQFT
    • $718
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    About as logistically-desirable as a location can be on Culver Blvd, just off Sepulveda and the 405 and minutes to downtown Culver and Sony Studios - in the heart of The Westside, but superior in that Culver City's schools and city services are widely-considered to be superior to the surrounding "city of LA" neighborhoods of Palms and Mar Vista. The subject property presents an owner a hedge against rent control's constraints, due to its unit mix of mostly Singles -this unit mix is desirable for the predominantly youthful renting demos in The Westside #1 and #2 turns over more often than 2 bed and 3 Bed units, affording an owner a market rent opportunity each time. The subject property is garden-style, walk-up around a sparkling pool.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-26T15:42:47.117. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/111503073
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    11178 Culver Blvd Culver City, CA 90230

    • Price: $6,099,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 20-653898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    8,492
    SQFT
    $718
    $/SQFT
    1956
    Built
    Neighborhood:
    Culver City
    County:
    Los Angeles
    Area:
    Culver City
    Property Description
    About as logistically-desirable as a location can be on Culver Blvd, just off Sepulveda and the 405 and minutes to downtown Culver and Sony Studios - in the heart of The Westside, but superior in that Culver City's schools and city services are widely-considered to be superior to the surrounding "city of LA" neighborhoods of Palms and Mar Vista. The subject property presents an owner a hedge against rent control's constraints, due to its unit mix of mostly Singles -this unit mix is desirable for the predominantly youthful renting demos in The Westside #1 and #2 turns over more often than 2 bed and 3 Bed units, affording an owner a market rent opportunity each time. The subject property is garden-style, walk-up around a sparkling pool.
    Exterior Features

    Lot Size Area 10802 Other Structures None Parking Garage Parking Space Total Parking 11

    Interior Features

    Baths Total 22.00 Cooling None Equipment Range/Oven Heating Wall

    Property Features

    Gross Income 398724 Gross Operating Income 400290 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 2 Like Units5 1 Like Units6 1 Net Operating Income 262111.00 Number Of Buildings 1 Number Of Units 22 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 138179 Type Of Units Single And 1 Year Built Source Assessor Zoning Ccc3*

    Listing provided courtesy of Brice Head DRE#01330706 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-26T15:42:47.117. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064