5455 Inglewood Boulevard

Culver City, CA 90230

$7,880,000
Last Sold Price
14
Beds
14
Baths
14,954 Sq. Ft.
$527 / Sq. Ft.
14,954
Sq. Ft.
$527
per Sq. Ft.

Description

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...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.

Listing Agent

  1. John Swartz

    John Swartz

    Listing Agent

    Compass

    DRE #01873487

Property Details for 5455 Inglewood Boulevard

Zoning
LAR3
Cross Streets
Inglewood Blvd and Lucile St
Parcel Number
4220019036
Total Units
13.0
Living Area
14954
Source Living Area
Vendor Enhanced
Area
Culver City (C28)
Vacancy Rate
0

Location

Listing Courtesy of Compass, John Swartz, DRE #01873487; Compass, DRE #02007311

Sold By CB RICHARD ELLIS, ERIC CHEN, DRE #01489184

Add your commute
LISTING UPDATED: 09/20/2023 03:05 PM

Property Details for 5455 Inglewood Boulevard

StatusSold
MLS #23-230499
Days on Market251
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.16 AC / 7,077 SF
CountyLos Angeles County

Building

5455 Inglewood Blvd

13 Units3 StoriesBuilt in 2017

Location

Listing Courtesy of Compass, John Swartz, DRE #01873487; Compass, DRE #02007311

Sold By CB RICHARD ELLIS, ERIC CHEN, DRE #01489184

Add your commute

Virtual Tour

Building Information for 5455 Inglewood Boulevard

Stories3Residences13Year Built2017Building Size-Lot Size0.16 AC / 7,077 SF

Payment Calculator

$52,214 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,004

Property Taxes

$9,210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5455 Inglewood Boulevard

Community / Development
Community / Development
  • Number Of Units: 13
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 5
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $522,144
  • Net Operating Income: $363,775.00
  • Gross Income: $522,144
  • Cap Rate: 4.60%
  • Gross Rent Multiplier: $15.31
  • Total Annual Expense: 154465
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1625
  • Lot Size Square Feet: 7077
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 14
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Alarm System, Washer, Cable, Dishwasher, Dryer, Range/Oven, Freezer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-11-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,216.00
  • Unit Actual Rent: $6,647.00
  • Unit Projected Rent: $7,272.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,741.00
  • Unit Actual Rent: $33,170.00
  • Unit Projected Rent: $39,555.00
  • Like Units: 9
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,695.00
  • Unit Actual Rent: $3,695.00
  • Unit Projected Rent: $4,195.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $5,682,670.00
  • Assessed Improvement Percent: 63.86
  • Assessed Land Value: $3,216,605.00
  • Assessed Land Percent: 36.14
  • Assessed Total Value: $8,899,275.00

Property History for 5455 Inglewood 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 5455 Inglewood Boulevard

Taxable ValueLand$3,280,937Additions$5,796,323Total$9,077,260
Tax Record2023$110,518 ($9,210 / month)
Home Facts
Total Finished SqFt14,954 SqFtAbove Grade Finished SqFt14,954 SqFtLot Size7,078 SqFtStyleMulti-Family Res (5+ Units)Year Built2017ZoningLAR3CountyLOS ANGELESAPN4220-019-036

Schools near 5455 Inglewood 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 7
Rating
School
Distance
Playa Del Rey Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Goethe International Charter School
CharterK to 7

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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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 Compass, John Swartz, DRE #01873487; Compass, DRE #02007311

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.