12028 Culver Boulevard

Los Angeles, CA 90066

$985,000
Last Sold Price
2
Beds
2
Baths
1,140 Sq. Ft.
$864 / Sq. Ft.
1,140
Sq. Ft.
$864
per Sq. Ft.

Description

An incredible opportunity to own a remodeled vacant duplex in a prime location! Amazing location by marina Del Rey and Playa Vista, close proximity to the beaches, all major shopping, LAX, renown schools, and DTLA. You can enjoy the walk on the beaches, ample places to shop and there are so many trendy dining areas to enjoy endlessly. This 2 unit income property offers an opportunity for great cash flow for approximately $5000/month, or can be ideal for owner users. R-3 zoning ideal for developers....An incredible opportunity to own a remodeled vacant duplex in a prime location! Amazing location by marina Del Rey and Playa Vista, close proximity to the beaches, all major shopping, LAX, renown schools, and DTLA. You can enjoy the walk on the beaches, ample places to shop and there are so many trendy dining areas to enjoy endlessly. This 2 unit income property offers an opportunity for great cash flow for approximately $5000/month, or can be ideal for owner users. R-3 zoning ideal for developers. Both front and back units are vacant and has been tastefully remodeled and doesn't require much maintenance. Both units consist of a large living and a dining area. A generous primary room with a full size bathroom and a walk-in closet. Complex has separate gas and electric meters, convenient 2 parking spaces in the back or additional parking on the street. Remodel includes a fully painted exterior, new vinyl windows throughout, and new concrete parking areas with covered patio. Both units have new flooring, new paint, new heater, recessed lighting, new kitchen with shaker cabinets, quartz countertop, new appliances and all new fixtures. Primary bathroom has new tiles, and the design of the shower walls and vanity will enhance modern living. Don’t miss out on an opportunity to own a truly unique and generous income producing opportunity!
  1. Listed by Phally Chea • DRE #02089005 • Brokerage DRE #02062865 • Lifetime Realty Inc • 714-988-3894
  2. Listed by Jamie Kim • DRE #01823039 • Brokerage DRE #02062865 • Lifetime Realty Inc

Property Details for 12028 Culver Boulevard

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1140

Location

Listing Courtesy of Lifetime Realty Inc, Phally Chea, DRE #02089005; Lifetime Realty Inc, Jamie Kim, DRE #01823039

Sold By Power Brokers, Juanita Tiu, DRE #00973673

Add your commute
LISTING UPDATED: 06/23/2023 08:18 AM

Property Details for 12028 Culver Boulevard

StatusClosed
MLS #PW23058070
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1953
Lot Size0.06 AC / 2,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Lifetime Realty Inc, Phally Chea, DRE #02089005; Lifetime Realty Inc, Jamie Kim, DRE #01823039

Sold By Power Brokers, Juanita Tiu, DRE #00973673

Add your commute

Virtual Tour

Building Information for 12028 Culver Boulevard

Stories1Residences-Year Built1953Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$6,380 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$1,004

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12028 Culver Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $62,160
  • Gross Operating Income: $62,160
  • Net Operating Income: $49,831
  • Cap Rate: 4.53
  • Financing: VA
Expense Details
  • Operating Expense: $12,329
  • New Taxes Expense: $11,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $829
  • Other Expense: $500
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $12,329
Tax / Assessment Info
  • Tax Tract Number: 7829
  • Tax Census Tract: 2755.00
  • CFD/Mello-Roos Fee: $292
  • Tax Lot: 142
Community / Development
Community / Development
  • Accessibility Features: 32 Inch Or More Wide Doors, Parking
  • Disability Access: 32 inch or more wide doors, Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood
  • Equipment: Dishwasher, Disposal, N/K, Gas Range
  • Interior Features: Open Floorplan, Quartz Counters, Recessed Lighting
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom, WalkInCloset
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Structure Type: Duplex
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
Property / Structure Info
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2590
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2590
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Disposal: 2
  • Number With Patio: 1

Property History for 12028 Culver Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12028 Culver Boulevard

Taxable ValueLand$749,088Additions$228,888Total$977,976
Tax Record2023$12,047 ($1,004 / month)
Home Facts
Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtLot Size2,500 SqFtStyleDuplexYear Built1953ZoningLAR3CountyLOS ANGELESAPN4221-002-015

Schools near 12028 Culver Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Braddock Drive Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Elementary Academy
CharterK 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lifetime Realty Inc, Phally Chea, DRE #02089005; Lifetime Realty Inc, Jamie Kim, DRE #01823039

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.