11701 W Washington BLVD, Los Angeles, CA 90066
11701 W Washington BLVD, Los Angeles, CA 90066
11701 W Washington BLVD, Los Angeles, CA 90066
11701 W Washington BLVD, Los Angeles, CA 90066
11701 W Washington BLVD, Los Angeles, CA 90066
11701 W Washington BLVD, Los Angeles, CA 90066
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Colleen Olivas

Colleen Olivas

+1(909) 697-9684
$ 1,095,000
Est. payment | /mo

6 Beds

4 Baths

2,780 SqFt

Save
$ 1,095,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,780 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,780 sqft

Price per Sqft $393

MLS Listing ID 26105806

Bedrooms 6

HOA Y/N No

Year Built 1952

Lot Size 4,878 Sqft

Property Description

Four-unit apartment investment in Culver City with one unit delivered vacant and potential to create a fifth residence through a garage and covered-patio conversion, subject to buyer verification and City approval. Offered at $1,095,000, the property includes two 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments, totaling approximately 2,780 building square feet, excluding garages, on a 4,877-square-foot corner lot. Built in 1952. The vacant 1-bedroom offers immediate leasing flexibility or potential owner occupancy. The three occupied units generate $4,207.18 per month. Leasing the vacant unit at the projected rent of $2,400 per month would bring scheduled income to $6,607.18 per month. Below-market rents offer longer-term income growth through lawful increases and future turnover; no turnover schedule is assumed. A conceptual approximately 1,000-square-foot, 3-bedroom/2-bath ADU with direct backyard access offers additional potential, subject to design, feasibility, permits and City approval. Located on the Westside with access to Culver City, Mar Vista, Del Rey, Venice and Playa Vista. Property is subject to Culver City rent control. All square footage, income, expenses, market rents and ADU projections are estimates to be independently verified by buyer.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCC3YY

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4233007038

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Daniel Bahr CORE Commercial Real Estate, Inc. #01488504

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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11701 W Washington BLVD