11178 Culver Blvd is a 22-unit courtyard-style multifamily property located just off the intersection of Sepulveda Blvd and Culver Blvd in central Culver City. The property sits in a pocket that benefits from immediate access to Washington Blvd and Sepulveda, where day-to-day retail, dining, and service uses are already established.

Built as a traditional courtyard layout, the property provides separation between units and a clear internal flow that differs from more compressed corridor-style buildings. At 22 units, that layout continues to matter for both tenant experience and long-term operations.

A Central Culver City Location With Real Daily Convenience

11178 Culver Blvd is positioned near Washington Blvd and Sepulveda Blvd, where residents have access to an existing mix of cafés, quick-service dining, fitness studios, and neighborhood retail. This is not a developing corridor. It is already built out and functioning.

Downtown Culver City is approx. 1.7 miles away and continues to serve as one of the Westside’s more active commercial and entertainment hubs. Marina del Rey is roughly 2.6 miles to the west, where ongoing mixed-use development continues to add newer retail and residential density. This stretch of Culver City attracts tenants who prioritize access to multiple corridors rather than reliance on a single retail street.

A Unit Count and Layout That Remains Competitive

The 22-unit configuration provides operational scale while maintaining a layout that does not feel overly dense. Courtyard properties of this size continue to perform well in Culver City, particularly when paired with access to multiple employment and retail corridors.

The building includes controlled access, covered parking located at the rear with alley access, and a RUBS utility reimbursement program that contributes additional income.

Financials That Reflect Current Performance With Measured Upside

11178 Culver Blvd is offered at $4,750,000, equating to $215,909 per unit. The property operates at a 6.05% CAP and 10.51 GRM on current rents.

Based on renovated unit comps in the area, the property offers approximately 13% rental upside and is projected to stabilize at a 7.25% CAP and 9.30 GRM. The current income provides a stable baseline, while the upside is tied to market-supported rents rather than aggressive repositioning.repositioning.

Employment Access That Supports Culver City Demand

Culver City continues to benefit from its concentration of media, entertainment, and technology employers. Nearby demand drivers include Sony Pictures, Amazon MGM Studios, Apple, and a broader network of production and creative office users throughout the Westside. Tenant demand in this part of Culver City is tied less to short-term leasing cycles and more to sustained employment presence across these sectors.

Conclusion

11178 Culver Blvd offers 22 units, a courtyard layout, and a central Culver City location with direct access to multiple Westside corridors. The combination of in-place income, moderate rental upside, and proximity to established employment centers positions the asset as a straightforward acquisition in a submarket where demand has remained consistent.

For buyers evaluating Culver City multifamily opportunities near Washington Blvd and Downtown Culver City, our current listings can be viewed here.