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11323 Utopia AVE Culver City, CA 90230
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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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Bought with Paul Byun • Dream Realty & Investments Inc