$1,325,000

Estimated payment $8,598/month

2 Beds
2 Baths
1,758 Sq Ft
$754 Price per Sq Ft

About This Home

Exceptional development opportunity in the heart of Culver City. The site is ideally located just minutes from Downtown Culver City and a short three-minute walk to Ivy Station and the 8777 Washington complex, fully leased by Apple. Projected gross income is a conservative $507,612 per year, with three units designated for Very Low Income housing. A rare chance to build in one of LA's most vibrant and rapidly growing neighborhoods. The property is currently configured as a duplex, with one unit delivered vacant and the second unit occupied at $2,380 per month. Owner may deliver the other unit vacant. A great opportunity for investors or developers seeking immediate income with future development potential.

Listing Agent

Shiva Mehrdad

Power Brokers License #01279649 Listed on: 12/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,457

Year Built

  • Built in 1930

Lot Details

  • 6,401 Sq Ft Lot

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4311-019-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,457

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1758
  • Lot Acreage: 0.1469
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 753.70

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 10.00
  • Assessed Improvement Value: 162364
  • Assessed Land Percent: 90
  • Assessed Land Value: 1461282
  • Total Assessed Value: 1623646
  • Assessor Parcel Number: 4311-019-014
  • Lot Size Area: 6401

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: INCOME

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,457 $1,623,646 $1,461,282 $162,364
2024 $19,457 $1,591,811 $1,432,630 $159,181
2023 $19,082 $1,560,600 $1,404,540 $156,060
2022 $18,195 $1,530,000 $1,377,000 $153,000
2021 $14,306 $1,187,831 $1,103,737 $84,094
2020 $14,453 $1,175,652 $1,092,420 $83,232
2019 $13,879 $1,152,600 $1,071,000 $81,600
2018 $3,841 $301,211 $202,611 $98,600
2016 $3,662 $289,517 $194,745 $94,772
2015 $3,611 $285,169 $191,820 $93,349
2014 $3,637 $279,584 $188,063 $91,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $1,325,000 +17.3% $754 / Sq Ft
05/15/2018 05/15/18 Sold $1,130,000 -5.8% $643 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
03/18/2018 03/18/18 For Sale $1,200,000 -- $683 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed -- --
Grant Deed -- None Listed On Document
Grant Deed $1,130,000 First American Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $135,000 Fidelity National Title Ins
Trustee Deed $106,250 North American Title Co
Corporate Deed $129,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- First American Title Company
Trustee Deed $148,511 Chicago Title Company
Grant Deed -- --
Quit Claim Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $678,000 Commercial
Previous Owner $271,550 New Conventional
Previous Owner $108,000 No Value Available
Previous Owner $122,550 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25620875

The MLS

APN: 4311-019-014