12111 Culver Boulevard

Los Angeles, CA 90066

$1,025,000
Price
2
Beds
2
Baths
1,178 Sq. Ft.
$870 / Sq. Ft.
1,178
Sq. Ft.
$870
per Sq. Ft.

Description

A wonderful opportunity. A duplex for sale with two units in a great location and in excellent condition. It is a well-maintained building with a charming exterior design. It has separate entryways for each unit. The property features a well-kept lawn and landscaping. One unit consists of two-bedroom, one bathroom, a living room, and a kitchen area and the second unit is an studio with one bathroom, kitchen and a one car private garage with direct access. The living spaces are cozy and efficiently...A wonderful opportunity. A duplex for sale with two units in a great location and in excellent condition. It is a well-maintained building with a charming exterior design. It has separate entryways for each unit. The property features a well-kept lawn and landscaping. One unit consists of two-bedroom, one bathroom, a living room, and a kitchen area and the second unit is an studio with one bathroom, kitchen and a one car private garage with direct access. The living spaces are cozy and efficiently laid out to maximize the use of space. It is situated in a desirable location next to Culver City, Playa Vista and Mar Vista, such as a safe neighborhood with access to amenities like shops, restaurants, parks, public transportation, schools, hospitals, and other essential services, making it appealing to potential renters or homeowners. It has been well cared for and maintained. The property have recently undergone renovations or upgrades, ensuring that it meets standards and is move-in ready. The roof, plumbing, and electrical systems are in good working order, reducing the likelihood of immediate repair needs. This property offers a great investment opportunity for buyers looking to generate rental income. In addition, this duplex 12111 Culver Blvd is located next to another duplex 12109 Culver Blvd owned by the same property owner. Therefore, this opportunity presents a lucrative investment option with the potential for rental income and long-term appreciation for both duplexes. Your choice to buy both together. Seller is giving the option of mortgage loan carry back if needed and if potential buyers are interested.
  1. Listed by Everardo Banuelos Robles • DRE #01945384 • Brokerage DRE #01828350 • Realty ONE Group United
  2. Listed by Priscilla Martinez • DRE #01859375 • Realty ONE Group United

Property Details for 12111 Culver Boulevard

Zoning
LARD2
Style
A-Frame
Parcel Number
4232027016
Total Units
2.0
Living Area
1178
Source Living Area
Vendor Enhanced
Area
Marina Del Rey (C12)
Vacancy Rate
1

Location

Listing Courtesy of Realty ONE Group United, Everardo Banuelos Robles, DRE #01945384; Realty ONE Group United, Priscilla Martinez, DRE #01859375
Add your commute
LISTING UPDATED: 06/23/2024 02:26 PM

Property Details for 12111 Culver Boulevard

StatusActive
MLS #24-396745
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.06 AC / 2,503 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty ONE Group United, Everardo Banuelos Robles, DRE #01945384; Realty ONE Group United, Priscilla Martinez, DRE #01859375
Add your commute

Building Information for 12111 Culver Boulevard

Stories-Residences-Year Built1956Building Size-Lot Size0.06 AC / 2,503 SF

Payment Calculator

$5,834 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$240

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12111 Culver Boulevard

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 2
  • View: No
  • View Description: None
  • View: None
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Owner May Carry, Owner Carried, Conventional
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $50,400
  • Net Operating Income: $50,400.00
  • Gross Income: $50,400
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $20.33
  • Owner Pays: Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0575
  • Lot Size Square Feet: 2503
Parking Details
Parking Details
  • Parking Garage: Attached, Garage - 1 Car, Covered Parking, On street, Offsite
  • Total Parking: 0
  • Parking Features: Garage - Single Door, Covered, Street, Off Site
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Ceiling Fan, Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Roof: Asphalt
  • New Construction: No
  • Construction Materials: Stone, Stucco, Wood Siding
  • Exterior Construction: Stone, Stucco, Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-03-2024
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $20,400.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $30,000.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $135,097.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $90,053.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $225,150.00

Property History for 12111 Culver Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12111 Culver Boulevard

Taxable ValueLand$90,053Additions$135,297Total$225,350
Tax Record2023$2,884 ($240 / month)
Home Facts
Total Finished SqFt1,178 SqFtAbove Grade Finished SqFt1,178 SqFtLot Size2,503 SqFtStyleDuplexYear Built1956ZoningLARD2CountyLOS ANGELESAPN4232-027-016

Schools near 12111 Culver Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Braddock Drive Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Elementary Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

12111 Culver Boulevard is a multi-family home for sale in Los Angeles, CA 90066. This property was listed for sale on June 3, 2024 by Realty ONE Group United, it's currently listed at $1,025,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Braddock Drive Elementary School, Marina Del Rey Middle School and Venice Senior High School. 12111 Culver Boulevard is a 2-bed, 2-bath, 1,178 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group United, Everardo Banuelos Robles, DRE #01945384; Realty ONE Group United, Priscilla Martinez, DRE #01859375

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.