11531 Culver Boulevard

Description

We are excited to present 11531 Culver Blvd, a 7-unit multi-family property located in the highly sought-after Mar Vista neighborhood. Situated just west of the 405 Freeway, this property offers unparalleled access to key areas like Venice, Santa Monica, and Playa Vista, making it an ideal location for tenants working at major tech hubs. The property is just a short drive from tech giants like Google, Apple, and YouTube, providing easy commutes to some of the most influential employers in Silicon Beach. 11531 Culver Blvd offers the perfect balance of convenience and tranquility. Located on a quieter, "off-street" section of Culver Blvd, tenants enjoy easy ingress/egress, limited traffic, and a peaceful walking trail directly in front of the building. Its prime location makes it an attractive choice for renters looking to live near vibrant tech districts, while still benefiting from a more residential, community-oriented environment. Offered at just $256K/unit and $318/sf, with over 70%+ rent upside potential, this property presents an outstanding investment opportunity. The building consists of 5 one-bedroom units and 2 two-bedroom units, with parking conveniently located at the rear. Two units have recently undergone renovations, with one unit achieving a rent of $2,795, showcasing the property's strong potential for value-add improvements. This offering is ideally suited for an investor looking to drive returns in a rapidly appreciating market, or for a local operator aiming to expand holdings in one of LA's most desirable submarkets. Don't miss out on this exceptional investment opportunity in the heart of Silicon Beach! Contact the listing broker for additional information.

Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc. 714-333-6768. *Based on information from the Association of REALTORS/Multiple Listing as of 01/30/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.