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Listed price in listed location currency (USD).
$4,750,000

1229

MLS® 26669199

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 8492 sqft
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1956
Avg. Price Per Sqft $559
MLS® Number 26669199

Property Address: 11178 Culver Blvd, Culver City, CA, 90230

Average square foot calculated using Size range provided by listing agent.

Description

11178 Culver Blvd. Presents the opportunity to acquire a 22-unit courtyard-style multifamily property in a central Culver City location, just off the intersection of Sepulveda Blvd. And Culver Blvd. The location is one of the property's strongest attributes. Along Washington Blvd. And Sepulveda Blvd., residents have access to an established mix of cafes, quick-service dining, neighborhood restaurants, fitness studios, and service-oriented retail that support day-to-day convenience. Downtown Culver City, located approx. 1.7 miles away, remains one of the Westside's most active commercial and entertainment hubs, while Marina del Rey, approx. 2.6 miles to the west, continues to see additional mixed-use development and newer retail concepts that reinforce the broader area's tenant appeal. The surrounding employment base further supports long-term rental demand. Culver City continues to benefit from its concentration of media, entertainment, and technology employers, including nearby operations tied to Sony Pictures, Amazon MGM Studios, Apple, and a broader network of production, post-production, and creative office users throughout Culver City and the surrounding Westside. Offered at $4, 750, 000, the property is priced at $215, 909 per unit and operates at a 6.05% CAP and 10.51 GRM on current rents. Based on projected market rents for renovated units in the area, the property offers approximately 13% rental upside and is expected to stabilize at a 7.25% CAP and 9.30 GRM. Additional amenities include controlled access, covered parking spaces in the rear with alley access, and a RUBS utility reimbursement program that contributes supplemental income. Taken together, the building's layout, amenities, and operational setup support a manageable ownership profile without unnecessary complexity. With strong in-place financials, a well-located Westside setting, and a building layout that continues to appeal to renters seeking convenience and access, 11178 Culver Blvd. Offers investors a central Culver City asset with stable income and clear upside.
MLS® Number26669199
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1956
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$4,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
11178 Culver Blvd, Culver City, CA

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