Investors dream: new construction-like building, low maintenance, high rental demand, and can operate at a 5% CAP rate at pro-forma rents. Front house is 3 beds/2 baths, approx 1956 SF, pro forma rent is $7,000+/month. The 1 bed/1 bath, 588 SqFt, ADU/back-unit has a separate address, private entrance, and private enclosed yard. The back unit is paying $3,150 on a m2m lease. Culver City has great rental returns and high rental demand.
Property Details
Price:
$1,850,000
MLS #:
PV25044848
Status:
Pending
Baths:
0
Address:
11323 Utopia Avenue
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
c28culvercity
City:
Culver City
Listed Date:
Mar 3, 2025
State:
CA
ZIP:
90230
Lot Size:
7,491 sqft / 0.17 acres (approx)
Year Built:
2022
See this Listing
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Schools
Interior
Cooling
Central Air, Ductless
Heating
Central
Exterior
Community Features
Urban
Fencing
Vinyl
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Auto Driveway Gate, Carport, Off Street, On Site
Parking Spots
4.00
Pool Features
None
Roof
Asphalt, Shingle
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
None
Map
Community
- Address11323 Utopia Avenue Culver City CA
- AreaC28 – Culver City
- CityCulver City
- CountyLos Angeles
- Zip Code90230
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11323 Utopia Avenue
Culver City, CA
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