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11020 Venice BoulevardCulver City, CA 90232

For Sale

$3,550,000

Smart Buyer Rebate $35,500

Strong Income & Upside in a Rare Culver City Multi-Unit Located at 11020 - 11028 Venice Blvd.
Investors: this is one to watch. Twelve 2 bed / 1 bath units plus three income-producing garages, totaling nearly 10,000 square feet of living space on a 9,152 sq ft lot. Two on-site laundry rooms offer added convenience (and potential income). The building has been freshly painted on the exterior and is currently generating solid income with below-market rents — average-condition 2BR units in the area are leasing for ~$2,400/month, offering clear upside through future renovations and lease-ups.

Cap rate just over 5% — already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential.

Located in Culver City proper — a submarket with historically strong tenant demand, low inventory, and consistent investor interest. Major employers are all around: Sony Pictures Studios, Southern California Hospital, Culver City Unified School District, West LA College, the buzzing Hayden Tract creative zone, plus the Westfield Culver City Mall just up the road. That means a deep pool of renters who want to live close to both work and play.

Tenants also enjoy Culver City’s dining, shopping, and cultural amenities, with Venice, Abbot Kinney, and the beach just minutes away. No wonder Culver City is consistently ranked one of the top places to live in L.A. — the lifestyle sells itself.

Rare product. Real income. Strong fundamentals. Great submarket.
Don’t wait — well-positioned assets like this don’t trade often.

Listed by Edward Kaminsky

·

License #00958114

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eXp Realty of California, Inc

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310-427-2414

Last updated October 22, 2025

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Source: CRMLS #SB25186586

Listing Facts

  • TypeMulti-family
  • NeighborhoodClarkdale
  • Days on Prevu42

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/23/2025
Status changed to Active
$3,550,000
10/22/2025
Status changed to Removed from Feed
$3,550,000
10/13/2025
Price Decreased
$3,550,000
10/05/2025
Status changed to Active
$3,795,000
10/03/2025
Status changed to Removed from Feed
$3,795,000
09/21/2025
Status changed to Active
$3,795,000
09/20/2025
Status changed to Removed from Feed
$3,795,000
09/11/2025
Listed by eXp Realty of California, Inc
$3,795,000

Property Details for 11020 Venice Boulevard

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 12
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1953
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front door

Measurements

  • Building Area Total: 9,884
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,152
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,152
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.08
  • Gross Income: $323,316.00
  • Operating Expense: $130,451.00

Taxes

  • Parcel Number: 4213004015

Other

Location

  • Tax Lot: 1

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Total: 3

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.