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Presented by: Berkadia Powered by Highrises

For Sale

$5,450,000

Culver City, CA 90232

12Beds
11Baths
6992SqFt

12Beds
11Baths
6992SqFt

Property Type
Condo
Year Built
1953
Price per Sqft
$779
On highrises
65 Days

Property Details

Back on the market with a major price adjustment: The Culver, located across the street from Sony Studios in downtown Culver City, is a best in-class, 10-unit apartment building that has been fully renovated inside and out to meet the unique demands of the submarket. The Culver boats a Walker's Paradise score of 95 out of 100. New investors can benefit from a true pride-of ownership, luxury asset in one of the hottest employment, entertainment and cultural hubs in Southern California. The property consists of 8 units plus two legal and permitted ADUs.

Property Features

Bedrooms

Bedrooms: 12

Bathrooms

Total Bathrooms: 11
Full Bathrooms: 11

Heating and Cooling

Cooling Features: Air Conditioning
Heating Features: Wall

Land Info

Lot Size Acres: 0.1753673
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7639

Garage and Parking

Garage Description: Assigned
Parking Total: 8

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Multi-Unit Info

Number of Buildings: 1
Number of Units: 10
Unit Type: Apartments
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 23450, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2950, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3395, 4 BedsTotal: 2, 4 BathsTotal: 2, 4 SquareFeet: 3800

Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.94
Source Property Type: Residential Income
Area: Culver City
Source Neighborhood: Culver City
Parcel Number: 4207-010-002
Postal Code Plus 4: 2702
Zoning: CCC3YY
Source System Name: C2C

Commercial Info

Net Operating Income: 269333

Building and Construction

Total Square Feet Living: 6992
Year Built: 1953
Levels: Two Level
Living Area Source: Estimated
Property Age: 71
Levels or Stories: 2
Year Built Source: Vendor Enhanced

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
09/14/2024	Listed	$5,450,000	$779	TheMLSCLAW
07/10/2019	Sold	$3,400,000	$581	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$41,617	$2,782,531	+	$721,397	=	$3,503,928
2021	$41,346	$2,727,972	+	$707,252	=	$3,435,224
2020	$41,128	$2,700,000	+	$700,000	=	$3,400,000
2019	$6,852	$161,950	+	$90,744	=	$252,694
2018	$6,501	$158,775	+	$88,965	=	$247,740
2017	$6,320	$155,662	+	$87,221	=	$242,883
2016	$5,567	$152,610	+	$85,511	=	$238,121

Neighborhood

Environmental Risk

Nearby Home Values

Presented by:
Steffan Braunlich
state license#01859098

Brokered by:
Berkadia
(310) 470-4883

Broker Location:

LOS ANGELES

Data Source:

TheMLSCLAW

Source's Property ID:

24-439699

Data Source Copyright:

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$5,450,000

Culver City, CA 90232