332 Culver Blvd

$2,800,000
Price
7
Beds
11
Baths
5,368 Sq. Ft.
$522 / Sq. Ft.
5,368
Sq. Ft.
$522
per Sq. Ft.

Description

We are pleased to present 332 Culver Blvd & 363 Pershing, a truly unique five unit multifamily property with an additional non conforming income unit, ideally located in the heart of Playa Del Rey. This is a rare offering in one of the Westside's most desirable coastal neighborhoods, located near the beach, the lagoon, and the natural open space that defines Playa Del Rey. The surrounding area offers a relaxed coastal atmosphere while remaining closely connected to Marina del Rey, Silicon Beach,...We are pleased to present 332 Culver Blvd & 363 Pershing, a truly unique five unit multifamily property with an additional non conforming income unit, ideally located in the heart of Playa Del Rey. This is a rare offering in one of the Westside's most desirable coastal neighborhoods, located near the beach, the lagoon, and the natural open space that defines Playa Del Rey. The surrounding area offers a relaxed coastal atmosphere while remaining closely connected to Marina del Rey, Silicon Beach, and major employment centers, making this location both distinctive and highly livable. The property consists of five units with a thoughtful and diverse layout, including one huge 2,000 SF+ two bedroom three and one half bathroom residence, two two bedroom one half bathroom units, and two one bedroom one half bathroom units. In addition, there is one separately leased non conforming unit that provides supplemental income. The residences feature functional floor plans and tasteful updates, with select units offering balconies. A standout upper level residence includes a private rooftop deck with sweeping views, creating a rare lifestyle element that is seldom found in small multifamily properties and particularly appealing for an owner user. Additional features include separately metered electricity, on site laundry, secured on grade parking, and portions of updated plumbing. The property has been well cared for and offers an ownership experience that feels intuitive, approachable, and rewarding.332 Culver Blvd & 363 Pershing represent an exceptional opportunity to acquire a one of a kind Playa Del Rey multifamily property that combines strong in place income with a coastal setting that is increasingly difficult to replicate. Opportunities of this quality in Playa Del Rey are limited, particularly at this scale and location.
  1. Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
  2. Listed by Don Favia • DRE #01841258 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.

Property Details for 332 Culver Boulevard

Zoning
LAC4
Parcel Number
4116009053
Total Units
5.0
Living Area
5368
Source Living Area
Vendor Enhanced
Area
Playa Del Rey (C31)
Vacancy Rate
0
Lot Size Area
4070
LISTING UPDATED: 12/24/2025 12:07 AM

Property Details for 332 Culver Boulevard

StatusActive
MLS #25629027
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.09 AC / 4,070 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258
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Building Information for 332 Culver Boulevard

Stories3Residences-Year Built1972Building Size-Lot Size0.09 AC / 4,070 SF

Payment Calculator

$16,756 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,836

Property Taxes

$2,920

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 332 Culver Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: apartments
  • View: Yes
  • View Description: Water
  • View: Water
  • Security Features: Gated
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $187,346
  • Net Operating Income: $116,788.00
  • Gross Income: $193,140
  • Cap Rate: 4.17%
  • Gross Rent Multiplier: $14.50
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 70557
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0934
  • Lot Size Square Feet: 4070
Parking Details
Parking Details
  • Parking Garage: Gated, Garage - 1 Car
  • Total Parking: 6
  • Parking Features: Gated, Garage - Single Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-16-2025
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,259.00
  • Unit Actual Rent: $4,259.00
  • Unit Projected Rent: $5,695.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,195.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,247.00
  • Unit Actual Rent: $6,741.00
  • Unit Projected Rent: $8,085.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,995.00
  • Unit Actual Rent: $1,995.00
  • Unit Projected Rent: $2,095.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $570,929.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $2,283,718.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $2,854,647.00

Property History for 332 Culver Boulevard

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Listed (Active)

CRMLS #25629027

$2,800,000—
Dec 16, 2025

Listed (Active)

CLAW #25629027

$2,800,000—
Jul 21, 2021

Sold

CLAW #21-733578

$2,690,000—
Jul 21, 2021

Sold

CRMLS #21733578

$2,690,000—
Jun 25, 2021

Sold (Public Record)

Public Record #1466682142

$2,690,000

+4.4% / yr

Jun 1, 2021

Pending

CRMLS #21733578

—
Jun 1, 2021

Pending

CLAW #21-733578

—
May 18, 2021

Listed (Active)

CRMLS #21733578

$2,650,000—
May 18, 2021

Listed (Active)

CLAW #21-733578

$2,650,000—
Aug 27, 2014

Sold (Public Record)

Public Record #485943323

$2,000,000—
Aug 10, 1999

Sold

CLAW #99-014441

$794,625—
Aug 10, 1999

Sold

CRMLS #99014441

$794,625—
Jun 9, 1999

Pending

CLAW #99-014441

—
Jun 9, 1999

Pending

CRMLS #99014441

—
Mar 15, 1999

Listed (Active)

CLAW #99-014441

$829,000—
Mar 15, 1999

Listed (Active)

CRMLS #99014441

$829,000—
Nov 24, 1998

Expired

CLAW #827380

$849,000—
Aug 27, 1998

Listed (Active)

CLAW #827380

$849,000—
DateEvent & SourcePrice
12/16/2025

Listed (Active)

CRMLS #25629027

$2,800,000
12/16/2025

Listed (Active)

CLAW #25629027

$2,800,000
07/21/2021

Sold

CLAW #21-733578

$2,690,000
07/21/2021

Sold

CRMLS #21733578

$2,690,000
06/25/2021

Sold (Public Record)

Public Record #1466682142

$2,690,000

+4.4% / yr

06/01/2021

Pending

CRMLS #21733578

—
06/01/2021

Pending

CLAW #21-733578

—
05/18/2021

Listed (Active)

CRMLS #21733578

$2,650,000
05/18/2021

Listed (Active)

CLAW #21-733578

$2,650,000
08/27/2014

Sold (Public Record)

Public Record #485943323

$2,000,000
08/10/1999

Sold

CLAW #99-014441

$794,625
08/10/1999

Sold

CRMLS #99014441

$794,625
06/09/1999

Pending

CLAW #99-014441

—
06/09/1999

Pending

CRMLS #99014441

—
03/15/1999

Listed (Active)

CLAW #99-014441

$829,000
03/15/1999

Listed (Active)

CRMLS #99014441

$829,000
11/24/1998

Expired

CLAW #827380

$849,000
08/27/1998

Listed (Active)

CLAW #827380

$849,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 332 Culver Boulevard

Taxable ValueLand$2,283,718Additions$570,929Total$2,854,647
Tax Record2025$35,042 ($2,920 / month)
Home Facts
Total Finished SqFt5,368 SqFtAbove Grade Finished SqFt5,368 SqFtLot Size4,070 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningLAC4CountyLOS ANGELESAPN4116-009-053

Schools near 332 Culver Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Loyola Village Elementary School
PublicK to 5

Kentwood Elementary School
PublicK to 5

Paseo Del Rey Natural Science Magnet
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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332 Culver Boulevard is a multi-family home for sale in Playa del Rey, CA 90293. This property was listed for sale on December 16, 2025 by Realty Investment Advisors, Inc., it's currently listed at $2,800,000. It has been on the market for a total of 11 days and was last sold on July 21, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Loyola Village Elementary School, Kentwood Elementary School and Paseo Del Rey Natural Science Magnet. 332 Culver Boulevard is a 7-bed, 11-bath, 5,368 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.