9051 Lucerne Avenue, Culver City, California, United States, 90232

3,490,000
for Sale
5,945

About the property:

2 Large Units can be delivered Vacant for New Owner or Investor! This newly built triplex is a true best-in-class asset in one of the city's most coveted locations. Situated in the very heart of Culver City, this property is truly irreplaceable. Fully leased at top-of-market rents totaling $17,250 per month, it offers exceptional income stability. The tenant base consists of well-compensated professionals who prioritize location, amenities, and lifestyle over the commitments of ownership. Every element was thoughtfully curated -- from private entrances for each unit to white oak doors, premium countertops and flooring, designer fixtures, custom closet built-ins, and a full suite of new appliances. The location is unmatched -- walkable to: Culver Steps, Culver Hotel, Amazon Studios, Culver Studios, Erewhon, Trader Joe's, Salt & Straw, Philz Coffee, Platform Shopping District, Vespertine, Culver City Stairs, Helms Bakery District, and more. With State Assembly Bill 8 and other measures further restricting new development, opportunities of this caliber are increasingly scarce. Perfect for a 1031 Exchange, this property also offers flexibility for the discerning buyer who may choose to occupy one of the well-appointed units as a primary residence or pied-a-terre, enjoying the vibrancy of Culver City while collecting income from the additional units.
Property Type:
Multi-Family Home
Status:
for Sale
House Style:
Contemporary
Acres:
0.1365
Square Feet:
3800
Directions:
Ince Blvd. S from Culver Blvd. (Erewhon & Trader Joes), turn Left on Lucerne Ave. -OR- Duquesne Ave. (N or S) to Lucerne Ave. pass Ince Blvd
Is Art:
Yes
Is Bakery:
Yes
Is Coffee:
Yes
Is Hotel:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Other:
Yes
Is Triplex:
Yes
Is Unit:
Yes
Listing ID:
25579109

Rooms

Dimensions

Brokered by:
Berkshire Hathaway Homeservices California Properties
Presented By:

Trevor Pashley

Realtor

Christies International SoCal