11178 Culver Boulevard Culver City, CA 90230
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusActive
- MLS ID Number24403971
- Home Size Source N/A
- Year Built1956
- Lot Size0.248 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Attached Carport
- Parking Spaces 0
- Number of Stories 22
- Acreage 0.248
- Attached Garage Yes
- Zoning CCC3*
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Wall Furnace
- Appliances Refrigerator
- Interior Ceiling Fan(s)
Exterior Features
- Pool true
- Pool Features In Ground
- Private Pool true
Community Features
- Senior Community No
- MLS Area C28 - Culver City