Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: Edward Kaminsky DRE #00958114 | eXp Realty of California, Inc (310) 798-1277
$3,550,000
48 Beds
- 24 Baths
--sqft
11020 Venice Blvd, Culver, CA 90232
$3,550,000
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Apartment
Built in 1953
$-- HOA
9,152 sqft lot
--/sqft
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 just over 5% — already outperforming many nearby assets. This propert...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1953
HOA Fees
-
Finished Area
- sqft
Lot Size
9,152 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25186586
MLS Status
Active
Days on Market
86
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