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5455 Inglewood Boulevard, Culver City, CA 90230

Property · 2 recorded sales since 2014

5455 Inglewood Boulevard, Culver City, CA 90230 Sold September 2023 CRMLS
$7,880,000Sold September 2023

Listing Agent: John Swartz (DRE #01873487) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: ERIC CHEN · CB RICHARD ELLIS · MLS #23230499 · Source: CRMLS

14
Bedrooms
14
Bathrooms
14,954
Sq Ft
7,077 sqft
Lot Size
2017
Year Built
Property
Type
Central
Heating

About this property

This apartment complex comprises 13 units. The unit mix consists of 3-1 bed+ 1bath units, 1-2bed + 2bath unit and 9-three story 1 bed + 1.5 bath loft/townhome units. Located on the cusp Culver City and Playa Vista in the hub of Silicon Beach. Built in 2017, this property is not subject to AB 1482 or LA RSO. Parking is on-site with 14 spaces. All units have plenty of outdoor space with balconies and/or decks and plenty of natural light. Unit amenities include in-unit washer/dryer, central heating/air conditioning, large windows, sizable closets, and hardwood floors throughout with up to 19' ceilings. Kitchens feature Qortstone countertops, custom cabinets, and are fully equipped with stainless steel appliances. The bathrooms contain modern, ceramic tile flooring, glass/marble accented showers, and Qortstone countertops. 1 Units will be delivered vacant. 7 of the units have not received a rent increase in over a year. There is an opportunity to upgrade a shared outdoor space and convert the gym into an ADU/Studio unit. Rents are approximately 24% under market. Favorable to tenants, the location is steps away from The Campus in Playa Vista. Home to leading tech companies like Google, Youtube and Facebook. The Runway Playa Vista is close by, offering a Whole Foods, Century Theaters, many chic shops and lifestyle restaurants. In addition, tenants have easy access to major freeways, downtown Culver City and Los Angeles International Airport. All offers must be written on a California Association of Realtors RIPA Form.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$7,880,000
Sold September 2023 · listed $7,995,000, orig. $8,695,000, on market January 2023 · MLS #23230499 · Source: CRMLS
Listing Agent: John Swartz · Listing Office: Compass · Contact: 310-230-5478 · Bought with: ERIC CHEN · CB RICHARD ELLIS
$930,000
Sold October 2014 · listed $849,000, on market October 2014 · MLS #14798847 · Source: CRMLS
Listing Agent: Sean McMillan · Listing Office: Heyler Realty · Contact: 310-470-2030 · Bought with: Jae Wu · Heyler Realty
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