9051 Lucerne Avenue
Culver City, CA, 90232 $ 3,749,000
Bedrooms7 Baths2.0 Sq 3,800 Monthly Estimate*
$ 23,389
Listed by Berkshire Hathaway HomeServices California Properties
for $3,749,000 with 7 bedrooms and 2 full baths. This 3,800 square foot home was built in 2024 on a lot size of 0.1365.
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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FeaturesGeneralLiving Area 3800
Sewer Other
Heating Central
Possession Close Of Escrow
Appliances Dishwasher Electric Cooktop Electric Oven Disposal Microwave Refrigerator Range Hood Dryer Washer
Zoning CCR2YY
Garage Spaces 2
Patio/Porch Features Front Porch
Architectural Style Contemporary
Pool Features None
Security Features Security Gate
Construction Materials Stucco
Year Built 2024
Tenant Pays Electricity Trash Collection Water
View Hills
Stories Count 1
Levels One Two
Gross Income 207000
County Los Angeles
Net Operating Income 145000
New Construction 1
Property Type Residential Income
HOA 0
Attached Garage 1
Facing Direction South
Garage Y/N 1
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Ince Blvd. S from Culver Blvd. (Erewhon & Trader Joes) turn Left on Lucerne Ave. -OR- Duquesne Ave. (N or S) to Lucerne Ave. pass Ince Blvd
City Culver City
Entry Location Ground Level w/steps
Senior Community Y/N 0
High School District Culver City Unified
Open Parking Spaces 0
Number Of Units Total 3
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 5945
Carport Spaces 2
Carport Y/N 1
Number of Units Leased 3
Spa Features None
Additional Parcels Y/N 0
Rent Control Y/N 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Builder
Cap Rate 3.7
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InteriorInterior Amenities Open Floorplan
Total Stories 2
Heating Y/N 1
Window Features Custom Covering(s) Double Pane Windows
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 6
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ExteriorParking Features Carport Door-Multi Direct Access Driveway Garage Gated Paved On Street Tandem
Lot Features Back Yard
Water Source Public
Total Parking 4
Lot Size Area 5945
Number of Buildings 2
Spa 0
Building Area Total 3800
Lot Dimensions 44x135
Lot Size Acres 0.1365
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices California PropertiesBroker
ChrisNewell@BHHSCal.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $23,389
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Culver City, CA
Average List Price $2,327,873
Percent of Sale Price 38%
About Culver City, CA 40,089 Population
5% Since 2002
$ 81,773 Median Income
41.76 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $3,749,000 | | Listed Price |