11531 Culver Blvd - Apartments FOR SALE


Los Angeles, CA 90066
$1,795,000 USD
213-225-7223
11531 Culver Blvd, Los Angeles, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

11531 Culver Blvd
Los Angeles, CA 90066


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

7

PRICE/UNIT

$256,429

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Units - West of 405!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR3

APN/PARCEL ID

4217-007-014

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.