$3,550,000
11020 Venice BL
Culver City, CA, 90232
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 at 5.4% — 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.
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 at 5.4% — 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.
Property Details
Price:
$3,550,000
MLS #:
SB25186586
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c28culvercity
Listed Date:
Sep 11, 2025
Total Sq Ft:
9,884
Lot Size:
9,152 sqft / 0.21 acres (approx)
Year Built:
1953
Schools
Interior
Heating
WL
Laundry Features
CM
Exterior
Community Features
SDW, SL
Parking Spots
3
Financial
Maintenance Fee
$12,000
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Culver City as of Feb 12, 2026
121
Single Family Listed
46
Avg DOM
344
Avg $ / SqFt
$804,544
Avg List Price
Community
- Address11020 Venice BL Culver City CA
- CityCulver City
- CountyLos Angeles
- Zip Code90232
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Property Summary
- 11020 Venice BL Culver City CA is a Single Family for sale in Culver City, CA, 90232. It is listed for $3,550,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1953. The average price per square foot for Single Family listings in Culver City is $344. The average listing price for Single Family in Culver City is $804,544. To schedule a showing of MLS#sb25186586 at 11020 Venice BL in Culver City, CA, contact your James Outland agent at 8057482262.
Courtesy of eXp Realty of California, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 11020 Venice BL
Culver City, CA