Homes for sale - 11020 Venice BLVD, Culver City, CA 90232

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,550,000

Est. payment - /mo

9,151 Sqft Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25186586

HOA Y/N No

Year Built 1953

Lot Size 9,151 Sqft

Property Sub-Type Apartment

Property Description

Strong Income & Upside in a Rare Culver City Multi-Unit Located at 11020 - 11028 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 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, plus 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.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCR4YY

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4213004015

Energy Description 5100.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Edward Kaminsky eXp Realty of California, Inc 310-427-2414

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