11323 Utopia AVE Pending

Culver City,CA 90230

$ 1850000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PV25044848

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

Laundry Laundry Closet,Stacked

Exterior

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

Fence Vinyl

Pool None

Community Features Urban

Roof Type Asphalt,Shingle

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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