$6,299,000
Active MLS # 24403971 | Listed by Brice Head with CBRE, Inc.
Active MLS # 24403971 | Listed by Brice Head with CBRE, Inc.
11178 Culver Boulevard is a $6,299,000, 8,492 square foot, 2 bedroom, 22.0 bath home on a 0.25 acre lot located in Culver City, CA.
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.
#Carport Spaces | 12.0 |
Appliances | Refrigerator |
Interior Features | Ceiling Fans |
Cooling Types | None |
Heating Types | Wall Furnace Heating - Yes |
Parking Types | Attached Carport Attached Garage - Yes Carport - Yes parking116 |
Exterior Features | In Ground Standard |
Attribution Contact | 310-363-4900 |
Property Type | Residential Income |
Style | Two Full Service |
Year Built | 1956 |
HOA Fee | $0.00 |
Taxes | $0.00 |
County | los angeles |
Neighborhood |
All information should be verified by the recipient and none is guaranteed as accurate by CRMLS. Data last updated 09/19/2024 at 09:04am MDT. The data relating to real estate on this website derived in part from the California Regional Multiple Listing Service, Inc. Internet Data Exchange program. All properties are subject to prior sale, change or withdrawal. Neither Dart Realty #02074474 nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 California Regional Multiple Listing Service, Inc. All rights reserved.