11178 Culver Boulevard, Culver City, CA 90230
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
11178 Culver Boulevard,Culver City, CA 90230
$4,050,000
- 1 Beds
- 22 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: kenny stevens, matthew hoult
Office: compass310-230-5478
MLS#:26669199
Source:CRMLS
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Price summary
- Price:$4,050,000
About this home
***$200,000 price reduction*** 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 $4,550,000, the property is priced at $206,818 per unit and operates at a 6.42% CAP and 10.01 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 7.60% CAP and 8.93 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....
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Home facts
- Year built:1956
- Listing ID #:26669199
- Added:96 day(s) ago
- Updated:June 29, 2026 at 07:04 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:22
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1956
- Levels:2 Story
Finances and disclosures
- Price:$4,050,000
Features and amenities
- Amenities:Gated Community
Parking
- Total parking spaces:9
- Parking description:Covered
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