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11178 CULVER BLVD CULVER CITY, CA 90230
- Townhouse or Condo / Resale (MLS)
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Property Details for 11178 CULVER BLVD, CULVER CITY, CA 90230
Features
- Price/sqft: $741
- Lot Size: 0.248 acres
- Total Units: 22
- Construction Type: Wood
Facts
- Year Built: 01/01/1956
- Property ID: 891295664
- MLS Number: 24403971
- Parcel Number: 4215-014-022
- Property Type: Townhouse or Condo
- County: Los Angeles
- Legal Description: TRACT # 10218 LOTS 3 AND LOT/SEC 4
- Zoning: CCC3*
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. 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.
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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