Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 38 | LAST UPDATED | 9/11/2025 |
|---|---|---|---|
| YEAR BUILT | 1953 | COMMUNITY | C28 - Culver City |
| GARAGE SPACES | 3.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | C28 - Culver City |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 9152 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/21/25 1:10 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.