Skip To Content

11323 Utopia Avenue

Culver City, CA 90230
  • $1,850,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PV25044848
$1,850,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C28 - Culver City
Type:
Multi-Family
Built:
2022
County:
Los Angeles
Area:
C28 - Culver City

School Ratings & Info

Visit GreatSchools.org
Listing Agent(s): Cameron Stearns of Compass (310-241-3038)


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 1850 SF, pro forma rent is $7,000+/month. The 1 bed/1 bath 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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161144903
Print Image

11323 Utopia Avenue Culver City, CA 90230

  • Price: $1,850,000
  • Status: Active
  • On Site: 11 Days
  • ID#: PV25044848
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2022
Built
Neighborhood:
C28 - Culver City
County:
Los Angeles
Area:
C28 - Culver City
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 1850 SF, pro forma rent is $7,000+/month. The 1 bed/1 bath 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.
Exterior Features

Architectural Style Bungalow Carport Spaces 1 Carport YN Yes Entry Level 1 Entry Location Main Floor Fencing Vinyl Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 0 Open Parking Spaces 3 Parking Features CarportElectric GateOn SiteOff Street Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof AsphaltShingle

Interior Features

Common Walls No Common Walls Cooling Central AirDuctless Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.96 Common Interest None Community Features Urban Electric Expense 200 Fuel Expense 150 Garage YN No Gross Income 121800 Gross Scheduled Income 121800 Insurance Expense 300 Land Lease YN No Laundry Features Laundry ClosetStacked Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 85260 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 1 Operating Expense 30000 Property Condition Updated/RemodeledTurnkey Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays None Trash Expense 150 Water Sewer Expense 200 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374033374-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374033374-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374033374-2.jpg
Logo
Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Cameron Stearns of Compass (310-241-3038)