7-Bedroom ResidentialIncome — 9051 Lucerne Avenue, Culver City, CA
$3,490,000
9051 Lucerne Avenue, Culver City, CA
About this property
OWNERS UNIT NOW AVAILABLE!!! 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 details
Location
9051 Lucerne Avenue • Culver City, CA 90232
Listed by
Christopher Newell · Berkshire Hathaway HomeServices California Properties