11817 Culver Blvd
LOS ANGELES, CA 90066

Property

Ownership: For Sale
Bedrooms: 7 BR
Bathrooms: 7
Area: 8412 sq ft
Lot Size: 0.2 Acres

Financials

Price:$1,275,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

11817 Culver Blvd 7BR Marina Del Rey La

Description

THREE PROPERTY TRUST SALE [3674 EMPIRE DR 10 UNITS, 4253 S CENTINELA AVE 6 UNITS, 11817 CULVER BLVD 7 UNITS] 11817 Culver Blvd is a well-maintained 6-unit property plus an additional non-conforming bachelor unit (7 units in total). The property, built between 1952 & 1960, is situated along the residential side of Culver Blvd in the desirable Del Rey neighborhood. This is a Trust Sale offered for the first time in 54 years. The property totals approximately 4,807 square feet of living space on an 8,409 square foot R3-zoned lot and features a unit mix of (1) 2BR/1BA detached front house, (5) 1BR/1BA units, and (1) non-conforming bachelor unit (legal guest room). The detached front house, measuring approximately 781 square feet, has its own private fenced front yard and storage shed. The back structure containing 6 units is approximately 4,026 square feet and includes a tuck under parking area and backyard. Current rents are approximately 97% below current market, representing one of the most compelling value-add opportunities available in today's Westside apartment market. The bachelor unit operates under a RUBS arrangement, and an on-site laundry room generates supplemental income. Ownership has completed meaningful capital improvements including a fully updated electrical main and sub-panels (2023), replacement of the majority of the windows, a 100-gallon water heater, and completion of the required soft-story seismic retrofit (2021). The tuck-under parking configuration presents strong attached ADU potential (Buyer to Verify), and the R3 zoning may support additional density under current state law (Buyer to Verify). Six on-site parking spaces serve the existing resident base. Ideally positioned along Culver Boulevard with immediate 405 Freeway access and less than two miles from the beach, the property sits at the center of Silicon Beach, home to major employers including Google, Amazon Studios, Hulu, and Snap. Plus, Cedars-Sinai's new nine-story Marina del Rey Hospital is slated to open in 2026 just minutes away.

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.