9051 Lucerne Avenue
Culver City, CA, 90232 $ 3,749,000
Baths0.0 Sq 3,800 Monthly Estimate*
$ 23,389
Studio for $3,749,000. This 3,800 square foot home was built in 2024 on a lot size of 0.14.
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.
See more
FeaturesGeneralLiving Area 3800.0
Heating Central
Zoning CCR2YY
Architectural Style Contemporary
Security Features Automatic Gate
Construction Materials Stucco
Year Built 2024
Tenant Pays Electricity Water Trash Collection
View Hills
Levels Two One
Accessibility Other
County Los Angeles
Net Operating Income 145000.0
New Construction Yes
Property Type C
HOA No
Facing Direction South
Status Active
City Culver City
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 5945.0
Number of Units Leased 3
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Year Built Source Builder
See more
InteriorInterior Amenities Open Floorplan
Kitchen Appliances Dishwasher Electric Oven Disposal Range Hood Microwave Electric Cooktop Refrigerator
Total Stories 2
Heating Y/N Yes
Window Features Double Pane Windows Custom Covering
Laundry Features Washer Included Dryer Included
Total Baths 0
See more
ExteriorParking Features Carport Direct Garage Access Tandem Garage Street Driveway Garage - Three Door
Lot Features Back Yard
Water Source Public
Lot Size Area 5945.0
Spa No
Pool Y/N? No
Building Area Total 3800.0
Lot Dimensions 44x135
Lot Size Acres 0.14
Road Surface Type Paved
Land Lease Type Fee
See more
* Excluded FeaturesList ByChristopher NewellListing Agent
Berkshire Hathaway Homeservices California PropertiesBroker
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 $2,324,748
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2025 | $3,749,000 | -5.09% | Price Down |
| 8/16/2025 | $3,950,000 | | Listed Price |