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11178 Culver Boulevard, Culver City, CA 90230
Priced at Only: $6,299,000
For more Information Call Mobile: 714.478.6676
Address: 11178 Culver Boulevard, Culver City, CA 90230
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  • MLS#: 24403971 ( )
  • Street Address: 11178 Culver Boulevard
  • Viewed: 10
  • Price: $6,299,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 210
  • Additional Information
  • County: LOS ANGELES
  • City: Culver City
  • Zipcode: 90230
  • Provided by: CBRE, Inc.
  • Contact: Brice Brice
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Appliances
  1. Refrigerator
Building Area Total
  1. 8492.00
Carport Spaces
  1. 12.00
Cooling
  1. None
Country
  1. US
Heating
  1. Wall Furnace
Interior Features
  1. Ceiling Fan(s)
Levels
  1. Two
Netoperatingincome
  1. 448614.00
Parcel Number
  1. 4215014022
Parking Features
  1. Attached Carport
Pool Features
  1. In Ground
Sourcesystemkey
  1. 24-403971:CLAW
Totalexpenses
  1. 154949.00
Views
  1. 10
Year Built
  1. 1956
Zoning
  1. CCC3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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