11531 Culver BLVD new

Los Angeles,CA 90066

$ 1795000

9 Beds

7 Baths

5652 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,652 sqft

Price per Sqft $317

MLS Listing ID 25491259

Bedrooms 9

HOA Y/N No

Year Built 1956

Lot Size 5,998 Sqft

Property Description

We are excited to present 11531 Culver Blvd, a 7-unit multi-family property located in the highly sought-after Mar Vista neighborhood. Situated just west of the 405 Freeway, this property offers unparalleled access to key areas like Venice, Santa Monica, and Playa Vista, making it an ideal location for tenants working at major tech hubs. The property is just a short drive from tech giants like Google, Apple, and YouTube, providing easy commutes to some of the most influential employers in Silicon Beach. 11531 Culver Blvd offers the perfect balance of convenience and tranquility. Located on a quieter, "off-street" section of Culver Blvd, tenants enjoy easy ingress/egress, limited traffic, and a peaceful walking trail directly in front of the building. Its prime location makes it an attractive choice for renters looking to live near vibrant tech districts, while still benefiting from a more residential, community-oriented environment. Offered at just $256K/unit and $318/sf, with over 70%+ rent upside potential, this property presents an outstanding investment opportunity. The building consists of 5 one-bedroom units and 2 two-bedroom units, with parking conveniently located at the rear. Two units have recently undergone renovations, with one unit achieving a rent of $2,795, showcasing the property's strong potential for value-add improvements. This offering is ideally suited for an investor looking to drive returns in a rapidly appreciating market, or for a local operator aiming to expand holdings in one of LA's most desirable submarkets. Don't miss out on this exceptional investment opportunity in the heart of Silicon Beach! Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C12 - Marina Del Rey

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Garage

Total Parking Spaces 7

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4217007014

Special Listing Condition Standard

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