Bought with Paul Byun
$1,750,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
11323 Utopia AVE Culver City, CA 90230
7,491 Sqft Lot
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPV25044848
Sold Date 05/02/25
Style Bungalow
Year Built 2022
Lot Size 7,491 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area C28 - Culver City
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Closet, Stacked Only
Exterior
Parking Features Carport , Common Parking Area, Gate / Door Opener, Off-Street Parking
Garage Spaces 4.0
Pool None
Roof Type 2,Shingle
Building
Story One Story
Water District - Public
Architectural Style Bungalow
Others
Tax ID 4215025015
Special Listing Condition Not Applicable
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