Culver City CA Real Estate & Land for Sale

We are proud to presents 11867 Jefferson Blvd, a partially completed 17-home luxury condominium development located just minutes from Playa Vista, Culver City, and Marina Del Rey. Rising four stories over one level of subterranean parking, this Westside property offers a rare opportunity for a developer to take over a well-executed project with a strong foundation already in place and bring it across the finish line.The development is approximately 70% physically complete, with major structural and exterior work already done. The building is fully framed and weather-sealed, the foundation and subterranean garage have been poured, and rough-in work for plumbing, electrical, fire sprinklers, and HVAC systems is nearing completion. Partial drywall installation is underway, and cabinets have already been ordered and are ready for installation. All plumbing fixtures have been delivered, and appliances are on site and ready for installation. Flooring and tile selections have been finalized and are ready to ship within one week.All necessary plan check approvals and department clearances have been secured, and the building permit (issued in late 2021) remains active and in good standing. Dozens of building inspections have already been completed, and the project is now progressing toward final trades and inspections. The Certificate of Occupancy remains pending and will be issued upon project completion.The next phase of work is focused on completing drywall, installing interior finishes, and wrapping up the remaining exterior work. Approximately $4.8 million in construction costs remain, covering items such as drywall, cabinetry, countertops, flooring, paint, light fixtures, and final plumbing and electrical connections. Exterior tasks still to be completed include siding, stucco, gutters, concrete flatwork, landscaping, and final detail work such as signage and mailboxes. Elevator installation, solar, and other building systems also remain in the final stretch of construction.When finished, the property will include eight two-bedroom, three-bath condominiums averaging 1,177 square feet, and nine three-bedroom, four-bath condominiums averaging 1,679 square feet, for a total of 24,523 sellable square feet. Each home features private balconies, open floorplans, in-unit laundry, and is designed to meet the demands of today's Westside condominium buyers.This is not an apartment projectthe property is being developed as for-sale condominiums, and the condo conversion process is already in motion. All major documentation has been submitted to the City and the Department of Real Estate, including the Subdivider's Statement, City Planning Application, and draft CCRs. A professional team is already in place to support the buyer through the remaining approval process.With strong nearby condo comps supporting an estimated sellout value of approximately $27,000,000, this offering presents a compelling opportunity to step into a high-demand Westside market, bypass the entitlement and early construction risk, and complete a boutique, elevator-served luxury condominium project with meaningful upside.

5475 Inglewood Boulevard, Los Angeles, California 90230 in positioned in the vibrant and rapidly evolving Culver City neighborhood at the heart of Silicon Beach.Located at 5475 Inglewood Boulevard, the site offers a rare opportunity for investors and developers to capitalize on a fully entitled / ready-to-build project in a highly sought-after market. The planned three-story structure, situated above a one-story on-grade parking garage, will encompass approximately 15,854 square feet of usable space.The gross building area totals approximately 11,942 square feet, complemented by an on-grade parking garage of about 3,912 square feet and 11 dedicated parking spaces. Permit fees-including building, grading, and retaining wall permits-have already been paid, effectively reducing initial costs and accelerating the construction timeline. The property is also exempt from linkage fees and does not fall under the Rent Stabilization Ordinance, further enhancing its financial and regulatory appeal.All essential engineering and design work, including electrical engineering and A Permit drawings, has been completed to streamline the development process. Minimal public works construction is needed, minimizing potential complications and delays. In addition, the current plans support the future addition of two Accessory Dwelling Units (ADUs) following issuance of the Certificate of Occupancy, providing flexibility for expanded living space or additional rental income.

The best priced vacant land in Culver City APN4207-024-034 is also included in the sale an additional 1,750 sq ft of land area. Next to the Ballona Creek at the end of the Cul-De-Sac. Well worth the challenge of getting building approvals. Who would not want to build a home and live on Madison Ave. What an opportunity to buy a relatively flat lot for the area. Seller may consider financing!