Contemporary
9051 Lucerne Avenue
Culver City , CA 90232
MLS#: 25579109
$3,950,000

Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
3,800
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.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stucco
-
Parking
Attached, Carport, Direct Access, Driveway, Garage, Gated, Paved, On Street, Tandem
-
Patio and Porch Features
Front Porch
-
Pool
Yes
-
Pool Features
None
-
View
Hills
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.1365
-
Property Type
Residential Income
-
Architectural Style
Contemporary
Price
-
Sales Price
$3,950,000
-
Sq. Footage
3, 800
-
Price/SqFt
$1,039
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Other
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Christopher Newell , Berkshire Hathaway HomeServices California Properties
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