Sold

5455 Inglewood Boulevard

Culver City CA, 90230

$7,880,000


$526.95 per sqft

Sold

14 Beds

14 Baths

14,954 sqft

Residential

Built in 2017

Listed by John Swartz with Compass 310-230-5478

This apartment complex comprises 13 units. The unit mix consists of 3-1 bed+ 1bath units, 1-2bed + 2bath unit and 9-three story 1 bed + 1.5 bath loft/townhome units. Located on the cusp Culver City and Playa Vista in the hub of Silicon Beach. Built in 2017, this property is not subject to AB 1482 or LA RSO. Parking is on-site with 14 spaces. All units have plenty of outdoor space with balconies and/or decks and plenty of natural light. Unit amenities include in-unit washer/dryer, central heating/air conditioning, large windows, sizable closets, and hardwood floors throughout with up to 19' ceilings. Kitchens feature Qortstone countertops, custom cabinets, and are fully equipped with stainless steel appliances. The bathrooms contain modern, ceramic tile flooring, glass/marble accented showers, and Qortstone countertops. 1 Units will be delivered vacant. 7 of the units have not received a rent increase in over a year. There is an opportunity to upgrade a shared outdoor space and convert the gym into an ADU/Studio unit. Rents are approximately 24% under market. Favorable to tenants, the location is steps away from The Campus in Playa Vista. Home to leading tech companies like Google, Youtube and Facebook. The Runway Playa Vista is close by, offering a Whole Foods, Century Theaters, many chic shops and lifestyle restaurants. In addition, tenants have easy access to major freeways, downtown Culver City and Los Angeles International Airport. All offers must be written on a California Association of Realtors RIPA Form.

23230499

MLS ID

January 11, 2023

Listed

March 23, 2024

Updated

Map

5455 Inglewood Boulevard
Culver City CA, 90230

Interior Features

Total Stories

5


Bedrooms

14 Beds


Bathrooms

14 Baths


Appliances

Dishwasher, Dryer, Washer


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

C28 - Culver City


Days on Market

251


Garage

No


Parking

Assigned


Parking Total

14


View

No


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

1.75%

Listing History

Date

Event

Price

9/21/2023

Price Change

$7,880,000

-2%

9/21/2023

Sold

$7,880,000

7/13/2023

Price Change

$7,995,000

-4%

Listing Contact: 310-230-5478 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:20 AM UTC

 

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