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23046037

11775 Culver Blvd., Los Angeles, CA 90066

BB
CA CA 01068758
Bush Properties
Listed by Bush Properties
$1,095,000
406 days on market
Updated 92 days ago

11775 Culver Blvd.

Details
APN 4233022007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,968
Units 5
NOI $62,833
Occupancy 100%
Price per SqFt $556
Broker Co-Op Yes
Year Built 1957
Stories 1
Lot Size (SqFt) 4,193
Zoning LAR3
Parking Spaces 4 spaces
Parking Per SqFt 2.03
Investment Type Stabilized

Multifamily | 5 Units | $219,000/unit

Marketing description

There is a 1 Bedroom unit vacant. Once rented the actual income numbers listed should improve by between $600 and $700 per month.

Introducing Culver Boulevard 5-Unit Gem at 11775 Culver Blvd located in the desirable Mar Vista area of Los Angeles. This well-maintained property consists of four 1-bedroom units and one 2-bedroom unit, offering a total of 6 bedrooms and 5 bathrooms across 1,968 sqft of living space on a 4,193 sqft lot. The building generates a solid income stream with actual rents in place and potential for increased future returns. Conveniently situated near major freeways, including the 405 and Marina Freeway, as well as Los Angeles International Airport, this property is a prime rental opportunity in a sought-after location. The building features easy street parking, a tranquil setting with open space, and trees. This investment offers excellent value and growth potential in the vibrant Los Angeles rental market. Don't miss this chance to own a profitable multi-unit property in a thriving neighborhood!

Income is actual and calculated from agreements in place. Operating expenses are estimated by owner from prior years.

Please do not disturb tenants. All units are tenant occupied. Showing with accepted offer.

Listing Contacts

BB
CA CA 01068758
Bush Properties
Listed by Bush Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$62,833.00
$5,236.08/mo

Valuation Metrics

0
DSCR
5.74%
Cap Rate
5.74%
ROI

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Additional Information

Name
Brian Bush
License
CA 01068758
Brokerage
Bush Properties Inc.
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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