Bought with Paul Byun • Dream Realty & Investments Inc
$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 Avenue Culver City, CA 90230
2,544 SqFt
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $687
MLS Listing ID CRPV25044848
Sold Date 05/02/25
HOA Y/N No
Year Built 2022
Lot Size 7,491 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
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
Interior
Heating Central
Cooling Central Air, Other
Fireplace No
Laundry Laundry Closet, Other
Building
Water Public
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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