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11915 Jefferson Boulevard, Culver City, CA 90230

Property

11915 Jefferson Boulevard, Culver City, CA 90230 Sold August 2025 CRMLS
$4,000,000Sold August 2025

Listing Agent: Michael Sterman (DRE #01911703) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Juanita Tiu · Power Brokers · MLS #25524499 · Source: CRMLS

24
Bedrooms
14
Bathrooms
10,340
Sq Ft
9,503 sqft
Lot Size
1963
Year Built
Property
Type
None
Heating

About this property

We are pleased to present 11915 Jefferson Blvd, a 14 unit apartment building located in Playa Vista, a neighborhood in the Westside area of Los Angeles, CA. Built in 1963, the property consists of (4) one-bedroom + one-bathroom units and (10) two-bedroom +one-bathroom unit. The building is 10,340 gross square feet and sits on a 9,500 square foot lot.11915 Jefferson Blvd is located on a charming, tree-lined street in Playa Vista. There is no shortage of activities to explore in the area. From popular hiking trails of Baldwin Hills to touring Sony Pictures Studio. Playa Vista, centrally located in West Los Angeles, offers easy access to Santa Monica, Downtown LA, and Beverly Hills via the 405 and 10 freeways. Close to Silicon Beach and Venice, it's a hub for entertainment, tech, and dining. The Metro E Line connects it to Downtown LA and Santa Monica, making it a prime spot for work and leisure. 11915 Jefferson Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.16% with the ability to improve to a 7.08% CAP rate once units turnover.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$4,000,000
Sold August 2025 · listed $4,125,000, on market April 2025 · MLS #25524499 · Source: CRMLS
Listing Agent: Michael Sterman · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Juanita Tiu · Power Brokers
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