11323 Utopia Avenue, Culver City, CA 90230
- $1,750,000
- Sold Price
- $1,750,000
- List Price
- $1,850,000
- Closing Date
- May 02, 2025
- Status
- CLOSED
- MLS#
- PV25044848
- Year Built
- 2022
- Lot Size
- 7,491
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 20
- Property Type
- Single Family Residential
- Style
- Bungalow
- Property Sub Type
- Single Family Residence
- Stories
- One Level
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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air, Ductless
- Roof
- Asphalt, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $121,800
- Operating Expense
- 30000
Listing courtesy of Listing Agent: Cameron Stearns (cameron@stearnshomes.com) from Listing Office: Compass.
Listing sold by Paul Byun from Dream Realty & Investments Inc
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