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12028 Culver Blvd, Los Angeles, CA 90066
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12028 Culver Blvd Los Angeles, CA 90066

$985,000 Sold Price as of 06/23/2023
  • 2 Beds
  • 2 Baths
  • 1,140 Sq.Ft.
Sold
$985,000 Sold Price as of 06/23/2023 Refinance Your Mortgage
Map preview of 12028 Culver Blvd, Los Angeles, CA 90066

Property Overview: 12028 Culver Blvd Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,140 living square feet and 2,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An incredible opportunity to own a remodeled vacant duplex in a prime location! Amazing location by marina Del Rey and Playa Vista, close proximity to the beaches, all major shopping, LAX, renown schools, and DTLA. You can enjoy the walk on the beaches, ample places to shop and there are so many trendy dining areas to enjoy endlessly. This 2 unit income property offers an opportunity for great cash flow for approximately $5000/month, or can be ideal for owner users. R-3 zoning ideal for developers. Both front and back units are vacant and has been tastefully remodeled and doesn't require much maintenance. Both units consist of a large living and a dining area. A generous primary room with a full size bathroom and a walk-in closet. Complex has separate gas and electric meters, convenient 2 parking spaces in the back or additional parking on the street. Remodel includes a fully painted exterior, new vinyl windows throughout, and new concrete parking areas with covered patio. Both units have new flooring, new paint, new heater, recessed lighting, new kitchen with shaker cabinets, quartz countertop, new appliances and all new fixtures. Primary bathroom has new tiles, and the design of the shower walls and vanity will enhance modern living. Don’t miss out on an opportunity to own a truly unique and generous income producing opportunity!

Listed by Phally Chea | BRE #02089005 | Lifetime Realty Inc
Co-listed by Jamie Kim | BRE #01823039 | Lifetime Realty Inc
Last checked: 5 minutes ago | Last updated: June 23rd, 2023 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
2,500
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW23058070
City
Los Angeles
County
Los Angeles
Time on Site
377 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,590
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,590
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.53%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,160
  • Net Operating Income: $49,831
  • Gross Operating Income: $62,160
Annual Expense Breakdown
  • Total Operating Expense: $12,329
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,000
  • Trash: $0
  • Insurance: $829
  • Water/Sewer: $0
  • Other Expenses: $500

Virtual Tour

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Property Details for 12028 Culver Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Range Hood
Interior Features
  • Open Floorplan, Quartz Counters, Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 4221002015
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: 32 Inch Or More Wide Doors, Parking
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Exit Centinela on 90 Hwy, turn right then another right on Culver
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 12028 Culver Blvd

Last sold for $985,000 on June 23rd, 2023

  • June, 2023

  • Jun 23, 2023

    Date

    Sold

    CRMLS: PW23058070

    $985,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: PW23058070

    $1,100,000

    Price

  • June, 2023

  • Jun 23, 2023

    Date

    Sold

    CRMLS: PW23058159

    $985,000

    Price

  • Apr 7, 2023

    Date

    Active

    CRMLS: PW23058159

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2023

  • May 27, 2023

    Date

    Canceled

    CRMLS: PW23066750

    $2,800

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: PW23066750

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    2 units are available for immediate move in. Welcome home to this remodeled unit in a prime location! Amazing location by marina Del Rey and Playa Vista, close proximity to the beaches, all major shopping, LAX, renown schools, and DTLA. You can enjoy the walk on the beaches, ample places to shop and there are so many trendy dining areas to enjoy endlessly. The units consist of a large living and a dining area. A generous primary room with a full size bathroom and a walk-in closet. Complex has separate gas and electric meters, convenient carport parking spaces in the back or additional parking on the street. Remodel includes a fully painted exterior, new vinyl windows throughout, and new concrete parking areas with covered patio. It also have new flooring, new paint, new heater, recessed lighting, new kitchen with shaker cabinets, quartz countertop, new appliances and all new fixtures. Primary bathroom has new tiles, and the design of the shower walls and vanity will enhance modern living. Tenant pays for electricity, gas, gardening, and trash Landlord pays for water. QUALIFICATIONS: - Salary 3x rent - minimum FICO score 700 - Background and credit check (to be paid by tenant)

  • April, 2023

  • Apr 3, 2023

    Date

    Canceled

    CRMLS: PW23009332

    $1,149,000

    Price

  • Jan 18, 2023

    Date

    Active

    CRMLS: PW23009332

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2022

  • Oct 28, 2022

    Date

    Canceled

    CRMLS: PW22221614

    $1,000,000

    Price

  • Oct 13, 2022

    Date

    Active

    CRMLS: PW22221614

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing location by marina Del Rey and Playa Vista, close proximity to the beaches, all major shopping, LAX, renown schools, and DTLA. You can enjoy the walk on the beaches, ample places to shop and there are so many trendy dining areas to enjoy endlessly. This 2 unit income property offers an opportunity for great cash flow for approximately $5000/month, or can be ideal for owner user. R-3 zoning ideal for developers. Front unit is vacant and has been tastefully remodeled and doesn't require much maintenance. Back unit is currently being occupied. Both units consist of a large living and a dining area. A generous primary room with a full size bathroom and a walk-in closet. Complex has separate gas and electric meters, convenient 2 parking spaces in the back or additional parking on the street. Remodel includes a fully painted exterior, new vinyl windows throughout, new concrete parking areas with covered patio. Remodeled unit has new flooring, new paint, new heater, recessed lighting, new kitchen with shaker cabinets, quartz countertop, new appliances and all new fixtures. Primary bathroom has new tiles, and the design of the shower walls and vanity will enhance modern living. Don’t miss out on an opportunity to own a truly unique and generous income producing opportunity!

  • November, 2019

  • Nov 9, 2019

    Date

    Expired

    CRMLS: 19434068

    $699,000

    Price

  • Oct 12, 2019

    Date

    Active

    CRMLS: 19434068

    $699,000

    Price

  • Sep 25, 2019

    Date

    Active Under Contract

    CRMLS: 19434068

    $699,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19434068

    $699,000

    Price

  • Sep 6, 2019

    Date

    Active Under Contract

    CRMLS: 19434068

    $699,000

    Price

  • Apr 22, 2019

    Date

    Active

    CRMLS: 19434068

    $699,000

    Price

  • Apr 16, 2019

    Date

    Active Under Contract

    CRMLS: 19434068

    $699,000

    Price

  • Feb 13, 2019

    Date

    Active

    CRMLS: 19434068

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Lowest priced income property West of the 405! Charming duplex strategically located between Playa Vista, Marina Del Rey, and Culver City, in the heart of Silicon Beach. This property has loads of potential including being remodeled and re-rented, redeveloped for another use, or as an owner user to reduce the cost of your mortgage. Each unit is in livable but dated condition and each has a covered parking space with a storage locker. A great long term investment in a growing area!

  • December, 2018

  • Dec 23, 2018

    Date

    Canceled

    CRMLS: 18397086

    $699,000

    Price

  • Oct 17, 2018

    Date

    Active

    CRMLS: 18397086

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Lowest priced income property West of the 405! Charming duplex strategically located between Playa Vista, Marina Del Rey, and Culver City, in the heart of Silicon Beach. This property has loads of potential including being remodeled and re-rented, redeveloped for another use, or as an owner user to reduce the cost of your mortgage. Each unit is in livable but dated condition and each has a covered parking space with a storage locker. A great long term investment in a growing area!

  • April, 2016

  • Apr 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • February, 2016

  • Feb 1, 2016

    Date

    Price Change

    CRMLS: 16975653

    $535,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing investment opportunity to develop or operate these rental units with current configuration. Great location and tons of potential west of the 405 and centrally located to Culver City, Marina del Rey and the new Playa Vista Runway development. 2 duplexes side by side (12026 & 12028) Culver Blvd will be sold as package deal. 12026 units feature newer wood floors & ceramic tiles, tankless water heater and newer cabinets & windows. Both duplexes have newer roof per seller, approximately 3 years old. Each duplex listed on the MLS Separately. Each building is on record as 1,140 Sq Ft. and has 2 (1 bed 1 bath) units. Each building has approximately 2,500 sq ft lot per public record. Buyer and Buyers agent to verify all permits and sq. footage. Please note this property comes up in MLS area Marina del Rey, however it is Los Angeles 90066.

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Tax History for 12028 Culver Blvd

Assessed Value (2020): $535,800
Year Land Value Improved Value Assessed Value
2020 $321,480 $214,320 $535,800

Home Value Compared to the Market

This property vs the competition

12028 Culver Blvd sold on June 23, 2023 for 0.01% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $920.96 per/sqft which puts the price per square foot 24.79% higher than the current median sale per square foot for the city of Los Angeles.

About 12028 Culver Blvd

Detailed summary of property

12028 Culver Blvd is a duplex that recently sold in Los Angeles, CA 90066. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,140 living square feet, and sits on an approximately 2,500 square foot lot. 12028 Culver Blvd was first listed on ArdentRealEstateGroup.com on April 8, 2023. The homeowner sold the property for $985,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.01% lower than the current median priced home. Local homes that are currently for sale include 3846 W 58th Pl, 2419 S Palm Grove Ave and 2500 Lucerne Ave. While the average home in Los Angeles, CA is selling in 97 days, 12028 Culver Blvd has a days on market of 31 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. For more information on this home for sale at 12028 Culver Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12028 Culver Blvd

Public county record property details
Beds
2
Baths
2
Year built
1953
Sq. Ft.
1,140
Lot Size
2,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
142
APN
4221-002-015

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$1,014
Median Sold Price
$1,925,000
Median Sold Price/Sq.Ft.
$1,050
Total Inventory
114
Median Sale to List Price %
104.05%
Avg Days on Market
27
Loan Type
Conventional (17.39%), FHA (0%), VA (0%), Cash (0%), Other (13.04%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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