Listing provided courtesy of Berkshire Hathaway HomeServices California Propert- MLS# 25579109
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Request Info9051 Lucerne AveCulver City, CA 90232
Multi-Family · 7 Beds · 3,800 Sq. ft. | 0.14 Acres$3,699,000
Active
9051 Lucerne Ave Overview
- Time on Site:
- 318 days
- Visits:
- 5
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.
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9051 Lucerne Ave Facts & Features
- Type Multi-Family
- Sq. ft. 3,800
- Price/Sq.ft. $973
- Lot 0.14 Acres
Details
General
Income/Expenses
- Gross Income: 207000
- Net Operating Income: 145000.00
Building Information
- Year Built: 2024
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Culver City
Rent/Lease Information
- Tenant Pays: Electricity, Water, Trash Collection
Tax Information
- Tax Assessed Value: 1393858
General Information
- Disclosures: None
- Property Condition: New Construction
- Property Type: Residential Income
- Rent Control: False
- Zoning: CCR2YY
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bathrooms Total: 6.00
- Bedrooms Total: 7
General Information
- Cooling: Air Conditioning
- Entry Location: Ground Level w/steps
- Flooring: Engineered Hardwood
- Heating: Central
- Interior Features: Built-Ins, Open Floor Plan
- Levels: Two, One
- Living Area: 3800
- Living Area Source: Estimated
- Rooms: 2nd Story Family Room, Dining Area, Primary Bedroom
- Security Features: Automatic Gate
- Spa Features: None
- Spa: False
- Stories: 2
- Window Features: Custom Window Covering, Double Pane Windows, Mini Blinds
Exterior
Parking Information
- Open Parking Spaces: 0
- Parking Total: 4
Lot Information
- Additional Parcels Description: False
- Lot Features: 2-4 Lots, Back Yard, Fenced Yard, Sidewalks
- Lot Size Acres: 0.1365
- Lot Size Area: 5945
- Lot Size Dimensions: 44x135
- Lot Size Source: Assessor
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 3
- Number Of Separate Water Meters: 3
- Water Source: District
Waterfront/View
- Waterfront Features: None
Building Exterior/Construction
- Architectural Style: Contemporary
- Construction Materials: Stucco
- Direction Faces: South
- Patio And Porch Features: Porch - Front
General Information
- Carport Spaces: 2
- Covered Spaces: 4
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Other Structures: None
- Pool Features: None
- Pool Private: False
- Sewer: In Street
9051 Lucerne Ave Neighborhood
Community
90232 (Culver City) Demographics
38
Median Age
7,039
Population Density (per sq. mile)
65%
College Educated
$98,116
Estimated Median Income
2,574
Estimated Total Home Owners
4,199
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.9051 Lucerne Ave Monthly Cost
9051 Lucerne Ave Market Data
Based on the last 30 days in this zip code
$2,700,962
Average List Price
$1,066
Average Price per Square Foot
8
Properties Sold
46
Average Days on Market
54
Properties for Sale
9051 Lucerne Ave History
| Date | Value | Agent |
|---|---|---|
| 3/3/2026Source: CRMLS | $3,699,000 -1.3% |
|
| 3/3/2026Source: TheMLS (CLAW) | $3,699,000 -1.3% |
|
| 10/12/2025Source: CRMLS | $3,749,000 -5.1% |
|
| 10/12/2025Source: TheMLS (CLAW) | $3,749,000 -5.1% |
|
| 8/15/2025Source: CRMLS | August 15, 2025 |
|
| 8/15/2025Source: TheMLS (CLAW) | August 15, 2025 |
|
| 6/4/2025Source: CRMLS | Closed |
|
| 4/25/2025Source: CRMLS | April 25, 2025 |
|
| 10/17/2022Source: CRMLS | October 17, 2022 |