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, wit
MLS #
CRSB25186586
MLS Source
California Regional MLS
Days on Site
7
Laundry
Community Facility
Heating
Wall Furnace
Garage/Parking
No Parking, Garage: 3 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 12 | – |
11020 Venice Bld is a Residential Income in Culver City, CA 90232. This – square foot property sits on a 9,152 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,795,000 and was built in 1953.
This address can also be written as 11020 Venice Bld, Culver City, CA 90232.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 13, 2025. For the most current information, please contact Edward Kaminsky