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9,884

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11020 Venice, Culver City, California, United States. - Photo 1

11020 Venice, Culver City, California, United States. - Photo 2

11020 Venice, Culver City, California, United States. - Photo 3

11020

Venice

Culver City | United States

11020 Venice, Culver City, California, United States. , Culver City , California

11020 Venice

Strong Income and Upside in a Rare Culver City Multi-Unit Located at [hidden information] Venice Blvd. Investors: this is one to watch. Twelve 2-bed/1-bath units plus three income-producing garages, totaling nearly 10,000 square feet of living space on a 9,152 sq ft lot. Two on-site laundry rooms offer added convenience (and potential income). The building has been freshly painted on the exterior and is currently generating solid income with below-market rents-average-condition 2BR units in the area are leasing for ~$2,400/month, offering clear upside through future renovations and lease-ups. Cap rate is just over 5%, already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential. Located in Culver City proper, a submarket with historically strong tenant demand, low inventory, and consistent investor interest. Major employers are all around: Sony Pictures Studios, Southern California Hospital, Culver City Unified School District, West LA College, the buzzing Hayden Tract creative zone, and the Westfield Culver City Mall just up the road. That means a deep pool of renters who want to live close to both work and play. Tenants also enjoy Culver City's dining, shopping, and cultural amenities, with Venice, Abbot Kinney, and the beach just minutes away. No wonder Culver City is consistently ranked one of the top places to live in L.A. The lifestyle sells itself. Rare product. Real income. Strong fundamentals. Great submarket. Don't wait; well-positioned assets like this don't trade often.

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Property Location

11020 Venice, Culver City, California, United States., Culver City California

Frequently Asked Questions

Common questions about this property

What is the size of 11020 Venice, Culver City, California, United States?

This property offers 9,884 square feet of living space.

What is the listing price for 11020 Venice, Culver City, California, United States?

This property is listed at $379,500,000, which equals $38395 per square foot.

What is the climate like in Culver City?

Culver City features a pleasant climate. Average temperatures range from 57°F in winter to 72°F in summer. The area receives approximately 22.8 inches of precipitation annually. There are about 48 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Culver City?

Culver City tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 11020 Venice, Culver City, California, United States?

This is a house located in Culver City, California. The property is situated in an established neighborhood with convenient access to local amenities and services.

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