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10872 Venice Blvd, Culver City, CA, 90232

3beds
3baths
1,898sqft
$1,300,000
$685price/sqft
$8,814/moest. monthly cost
$352,560/yrincome needed

About This Home

A mixed-use investment property ideally positioned on the high-visibility Venice Boulevard corridor in the heart of Culver City. This two-building asset delivers a compelling blend of commercial and residential income . Street-front retail flower shop anchors the front building, while a private duplex in the rear provides steady residential cash flow, together creating a well-rounded income stream that is ideal for the self-managing investor. The front building commands excellent visibility directly on Venice Boulevard, one of the West Side's most heavily traveled arterials. Currently operating as an established flower shop, the retail storefront benefits from strong daily foot and vehicle traffic, providing consistent commercial income. Behind it, the rear duplex offers two residential unit, a one-bedroom and a two-bedroom, set in a quiet, private environment, separated from the bustle of the street front and well-suited for long-term tenants.All three units are currently occupied and generating $7,400 per month in gross income, providing an incoming owner with immediate, stable returns from day one. Notably, the commercial tenant is currently on a month-to-month arrangement, presenting an early opportunity for a new owner to negotiate a fresh long-term lease, adding further stability and value to an already well-performing asset. Do not disturb Tenants Inside with accepted offers only.

Getting Around

91
WalkingWalker's Paradise
59
TransitGood Transit
74
BikeVery Bikeable

Schools

6/10
6/10
9/10
Culver City High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1946

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,898
  • Total interior livable area: 1,898 sqft

Property

Details

  • Parcel number: 4208020047
  • Zoning: CCC2YY
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Multi/Split
  • Stories: 2

Lot

  • Lot size: 3,110 sqft

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance *$90$1,080
Property Taxes $1,744$20,928
Electricity $407$4,884
Total$8,814$105,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$302,194/yr
40% on housing$264,420/yr
45% on housing$235,040/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$685This listing

vs Other Active Listings

Avg $/sqft

ZIP 90232$860
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90232$897
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Listed for sale$1,300,000
2023-09-01Listing removed--
2023-07-21Listed for sale$1,700,000
2023-06-14Listing removed--
2023-04-29Listed for sale$2,000,000
1997-06-27Sold$170,000

For Sale by Agent

AgentSusan Lau
BrokerageColdwell Banker Realty

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