$4,750,000

For Sale

19 days ago

11178 Culver Blvd, Culver City, CA

Name: 11178 Culver Blvd, For Sale in Culver City - eXp Realty
Brand: Compass
SKU: 26669199
Price: 4750000 USD

House

MLS® 26669199

1 Bed

22 Bath

8492 sqft

9 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 8492 sqft

Garage

Taxes

Days Active 18

Lot Size

Approx. Age 1956

Avg. Price Per Sqft $559

MLS® Number 26669199

Property Address: 11178 Culver Blvd, Culver City, CA, 90230

Average square foot calculated using Size range provided by listing agent.

Description

11178 Culver Blvd. presents the opportunity to acquire a 22-unit courtyard-style multifamily property in a central Culver City location, just off the intersection of Sepulveda Blvd. and Culver Blvd. The location is one of the property's strongest attributes. Along Washington Blvd. and Sepulveda Blvd., residents have access to an established mix of cafes, quick-service dining, neighborhood restaurants, fitness studios, and service-oriented retail that support day-to-day convenience. Downtown Culver City, located approx. 1.7 miles away, remains one of the Westside's most active commercial and entertainment hubs, while Marina del Rey, approx. 2.6 miles to the west, continues to see additional mixed-use development and newer retail concepts that reinforce the broader area's tenant appeal. The surrounding employment base further supports long-term rental demand. Culver City continues to benefit from its concentration of media, entertainment, and technology employers, including nearby operations tied to Sony Pictures, Amazon MGM Studios, Apple, and a broader network of production, post-production, and creative office users throughout Culver City and the surrounding Westside. Offered at $4, 750, 000, the property is priced at $215, 909 per unit and operates at a 6.05% CAP and 10.51 GRM on current rents. Based on projected market rents for renovated units in the area, the property offers approximately 13% rental upside and is expected to stabilize at a 7.25% CAP and 9.30 GRM. Additional amenities include controlled access, covered parking spaces in the rear with alley access, and a RUBS utility reimbursement program that contributes supplemental income. Taken together, the building's layout, amenities, and operational setup support a manageable ownership profile without unnecessary complexity. With strong in-place financials, a well-located Westside setting, and a building layout that continues to appeal to renters seeking convenience and access, 11178 Culver Blvd. offers investors a central Culver City asset with stable income and clear upside.

MLS® Number26669199

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1956

Basement

DrivewayCovered

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 25, 2026List Date

$4,750,000List Price

Commute

Commute

Starting Address

Destination Address

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