12111 Culver Blvd, Los Angeles, CA 90066
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12111 Culver Blvd Los Angeles, CA 90066

$1,025,000
  • 2 Beds
  • 2 Baths
  • 1,178 Sq.Ft.
For Sale
$1,025,000 Get Pre-Qualified

Map preview of 12111 Culver Blvd, Los Angeles, CA 90066

Property Overview: 12111 Culver Blvd Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,178 living square feet and 2,503 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A wonderful opportunity. A duplex for sale with two units in a great location and in excellent condition. It is a well-maintained building with a charming exterior design. It has separate entryways for each unit. The property features a well-kept lawn and landscaping. One unit consists of two-bedroom, one bathroom, a living room, and a kitchen area and the second unit is an studio with one bathroom, kitchen and a one car private garage with direct access. The living spaces are cozy and efficiently laid out to maximize the use of space. It is situated in a desirable location next to Culver City, Playa Vista and Mar Vista, such as a safe neighborhood with access to amenities like shops, restaurants, parks, public transportation, schools, hospitals, and other essential services, making it appealing to potential renters or homeowners. It has been well cared for and maintained. The property have recently undergone renovations or upgrades, ensuring that it meets standards and is move-in ready. The roof, plumbing, and electrical systems are in good working order, reducing the likelihood of immediate repair needs. This property offers a great investment opportunity for buyers looking to generate rental income. In addition, this duplex 12111 Culver Blvd is located next to another duplex 12109 Culver Blvd owned by the same property owner. Therefore, this opportunity presents a lucrative investment option with the potential for rental income and long-term appreciation for both duplexes. Your choice to buy both together. Seller is giving the option of mortgage loan carry back if needed and if potential buyers are interested.

Listed by Everardo Banuelos Robles | BRE #01945384 | Realty ONE Group United
Co-listed by Priscilla Martinez | BRE #01859375 | Realty ONE Group United
Last checked: 10 minutes ago | Last updated: June 23rd, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
2,503
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24396745
City
Los Angeles
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $30,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 20.33
  • Gross Scheduled Income: --
  • Net Operating Income: $50,400
  • Gross Operating Income: $50,400
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 12111 Culver Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Single Door, Covered, Street, Off Site
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 4232027016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Cross streets are Culver Blvd and Lindblade Dr.
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Sale History for 12111 Culver Blvd

View property's historical transactions
  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: 24396745

    $1,025,000

    Price

  • November, 2020

  • Nov 1, 2020

    Date

    Expired

    CRMLS: 20613320

    $975,500

    Price

  • Oct 20, 2020

    Date

    Price Change

    CRMLS: 20613320

    $975,500

    Price

  • Aug 4, 2020

    Date

    Active

    CRMLS: 20613320

    $975,700

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! - RARE OPPORTUNITY to purchase two side-by-side duplexes in the coveted Del Rey/Mar Vista/Culver City pocket of West Los Angeles. Both 12109 and 12111 Culver Blvd are being SOLD TOGETHER for $1,895,000 (please see separate listing for 12109 Culver Blvd). These properties purchased together are perfect for both the savvy owner-user or creative investor(s) alike. There is tons of RENT UPSIDE potential here and (in theory) you can turn the garage into an ADU (please do your own due diligence). The recently remodeled studio apartment will be delivered VACANT. It leads directly into the spacious 2 car garage complete with laundry hookups. Seller financing is prefered. Please contact the listing agent for more details. BUYER AND BUYER'S AGENT TO DO THEIR OWN DUE DILIGENCE ON PROPERTY AND ANY POSSIBLE ADDITIONS OR ALTERATIONS. PLEASE DO NOT DISTURB TENANTS.

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Tax History for 12111 Culver Blvd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

12111 Culver Blvd is listed 17.93% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $870.12 per/sqft which puts the price per square foot 11.84% higher than the median price per square foot for the city of Los Angeles.

About 12111 Culver Blvd

Detailed summary of property

12111 Culver Blvd is a multi family located in Los Angeles, CA 90066 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,178 living square feet, and sits on an approximately 2,503 square foot lot. 12111 Culver Blvd was first listed on ArdentRealEstateGroup.com on May 28, 2024. The homeowner is currently asking $1,025,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 17.93% lower than the median priced home. Local competing homes currently for sale include 2121 Thurman Ave, 5161 W Jefferson Blvd and 5101 Roseland St. While the average home in Los Angeles, CA is selling in 98 days, 12111 Culver Blvd has a days on market of 22 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 12111 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 12111 Culver Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$2,100,000
Median List Price/Sq.Ft.
$1,004
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$1,078
Total Inventory
129
Median Sale to List Price %
95.79%
Avg Days on Market
41
Loan Type
Conventional (8%), FHA (0%), VA (0%), Cash (20%), Other (12%)

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Related Resources to 12111 Culver Blvd

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.