CA > Culver City
Culver City, CA 90230,11323 Utopia AVE
Culver City, CA 90230,11323 Utopia AVE
Culver City, CA 90230,11323 Utopia AVE
$1,750,000
Est. payment /mo
$1,850,000
5.4%
Est.Price: ?

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7,492 Sqft Lot
SOLD DATE : 05/02/2025

Key Details

Sold Price $1,750,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV25044848

Sold Date 05/02/25

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2022

Lot Size 7,492 Sqft

Property Sub-Type Single Family Residence

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

Zoning LAR1

Interior

Heating Central

Cooling Central Air, Ductless

Fireplace No

Laundry Laundry Closet, Stacked

Exterior

Parking Features Carport, Electric Gate, On Site, Off Street

Carport Spaces 1

Fence Vinyl

Pool None

Community Features Urban

Roof Type Asphalt,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 4215025015

Energy Description 150.0

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271

Our team is ready to help you sell your home for the highest possible price ASAP

CRMLS – RECore
Listed by Cameron Stearns Compass 310-872-8785
Bought with Paul Byun Dream Realty & Investments Inc
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