$6,299,000
- Beds
- 2
- sq ft
- 8,492
11178 Culver Blvd, Culver City, CA 90230
11178 Culver Blvd
Culver City, CA 90230
- 19 days on market
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.
Details
Property type
Lot size
0.248 acres
Price per sq ft
$742
Year built
1956
HOA
No
Price History
05/29/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24403971
Listed
$6,299,000
Schools & Community
Neighborhood:
Park West
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/03/2024 at 8:25 AM
Listing updated: 06/13/2024 at 6:43 PM
Listed by: Brice Head, CBRE, Inc. Phone #: (310) 363-4900
MLS: CLAW #24403971
![CLAW logo](/_next/static/media/clawLogo.95a18e7e.png)
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