11178 Culver Blvd, Culver City, CA 90230
11178 Culver Blvd, Culver City, CA 90230
11178 Culver Blvd, Culver City, CA 90230
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$4,750,000
Est. payment /mo
1 Bed
22 Baths
8,492 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,492 sqft

Price per Sqft $559

MLS Listing ID 26669199

Bedrooms 1

Year Built 1956

Lot Size 10,805 Sqft

Acres 0.248

Property Sub-Type Multi-Family

Property Description

11178 Culver Blvd. presents the opportunity to acquire a 22-unit courtyard-style multifamily property in a central Culver City location, just off the intersection of Sepulveda Blvd. and Culver Blvd. The location is one of the property's strongest attributes. Along Washington Blvd. and Sepulveda Blvd., residents have access to an established mix of cafes, quick-service dining, neighborhood restaurants, fitness studios, and service-oriented retail that support day-to-day convenience. Downtown Culver City, located approx. 1.7 miles away, remains one of the Westside's most active commercial and entertainment hubs, while Marina del Rey, approx. 2.6 miles to the west, continues to see additional mixed-use development and newer retail concepts that reinforce the broader area's tenant appeal. The surrounding employment base further supports long-term rental demand. Culver City continues to benefit from its concentration of media, entertainment, and technology employers, including nearby operations tied to Sony Pictures, Amazon MGM Studios, Apple, and a broader network of production, post-production, and creative office users throughout Culver City and the surrounding Westside. Offered at $4,750,000, the property is priced at $215,909 per unit and operates at a 6.05% CAP and 10.51 GRM on current rents. Based on projected market rents for renovated units in the area, the property offers approximately 13% rental upside and is expected to stabilize at a 7.25% CAP and 9.30 GRM. Additional amenities include controlled access, covered parking spaces in the rear with alley access, and a RUBS utility reimbursement program that contributes supplemental income. Taken together, the building's layout, amenities, and operational setup support a manageable ownership profile without unnecessary complexity. With strong in-place financials, a well-located Westside setting, and a building layout that continues to appeal to renters seeking convenience and access, 11178 Culver Blvd. offers investors a central Culver City asset with stable income and clear upside.

Location

State CA

County Los Angeles

Area Culver City

Zoning CCC3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Other

Laundry None

Exterior

Parking Features Covered Parking

Garage Spaces 9.0

View Y/N No

View None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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