9051 Lucerne Avenue

About This Property

2 Large Units can be delivered Vacant for New Owner or Investor! 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.

Neighborhood

This property is located in Culver City. Want to learn more about the area?

Listing courtesy of Berkshire Hathaway HomeServices California Properties

Listing data from CRMLS. Deemed reliable but not guaranteed.