John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Berkshire Hathaway HomeServices California Propert- MLS# 25579109MLS Provider

9051 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

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
Community data courtesy of LiveBy, Inc.

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

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

9051 Lucerne Ave History

Date Event Value Agent
3/3/2026Source: CRMLS Price Reduction
$3,699,000 -1.3%
3/3/2026Source: TheMLS (CLAW) Price Reduction
$3,699,000 -1.3%
10/12/2025Source: CRMLS Price Reduction
$3,749,000 -5.1%
10/12/2025Source: TheMLS (CLAW) Price Reduction
$3,749,000 -5.1%
8/15/2025Source: CRMLS Added to Database
August 15, 2025
8/15/2025Source: TheMLS (CLAW) Added to Database
August 15, 2025
6/4/2025Source: CRMLS Status Change
Closed
4/25/2025Source: CRMLS Added to Database
April 25, 2025
10/17/2022Source: CRMLS Added to Database
October 17, 2022
Cookie Button: