Culver City, CA 90232,11020 Venice BLD
Culver City, CA 90232,11020 Venice BLD
Culver City, CA 90232,11020 Venice BLD
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Listed by Edward Kaminsky • eXp Realty of California, Inc
$3,550,000
Est. payment /mo
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9,152 Sqft Lot
Active

11020 Venice BLD Culver City, CA 90232

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25186586

Year Built 1953

Lot Size 9,152 Sqft

Source California Regional MLS

Property Description

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 at 5.4% - 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 Ven

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Heating Wall Furnace

Laundry Community Facility

Exterior

Parking Features No Parking

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Tax ID 4213004015

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Westwood Charter Elementary School

    Public | KG - 5

  • 10

    El Marino Elementary School

    Public | KG - 5

  • 10

    Farragut Elementary School

    Public | KG - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Fairburn Avenue Elementary School

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 9

    Overland Elementary School

    Public | KG - 5

  • 9

    Citizens of the World 3

    Public | KG - 5

  • 9

    Playa del Rey Elementary

    Public | KG - 5

  • 9

    Cowan Avenue Elementary School

    Public | KG - 5

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Playa Vista Elementary

    Public | KG - 5

  • 8

    Ocean Charter

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 7

    Goethe International Charter

    Public | KG - 8

  • 7

    Linwood E. Howe Elementary School

    Public | KG - 5

Middle Schools 20
  • 8

    New West Charter

    Public | 6 - 10

  • 8

    The Incubator

    Public | 6 - 12

  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 7

    Palms Middle School

    Public | 6 - 8

  • 7

    Culver City Middle School

    Public | 6 - 8

  • 6

    Emerson Community Charter

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 5

    Icef Vista Middle Academy

    Public | 6 - 8

  • 5

    Magnolia Science Academy 6

    Public | 6 - 8

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 3

    Animo Westside Charter Middle School

    Public | 6 - 8

  • 2

    Marina Del Rey School

    Public | 6 - 8

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

  • 0

    Angela's Workshop

    Private | 6 - 12

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

High Schools 11
  • 8

    Culver City High School

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

  • 0

    Notre Dame Academy Girls High School

    Private | 9 - 12

  • 0

    Yula Boys High School

    Private | 9 - 12

  • 0

    Culver Park High School

    Public | 10 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

School and business data provided by Attom Data.
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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11020 Venice BLD