Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11976 Culver Blvd Los Angeles, CA 90066-7441

    • Apartment buildings
    • 91,635 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimations
    $1,765,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8370657
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Del Ray Square LP / Apartment Complex
    • Del Rey Square / Apartment Building
    • Pacific Empire Builders / Construction Company
    • Culver city / Apartment Complex

    Property Details for 11976 Culver Blvd

    Year built
    2012
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    91,635 SF
    Zone code
    LAC2
    Property type
    Apartment buildings
    APN
    4218-007-040
    APU
    4218007040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.417
    Latitude
    33.995
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,050
    $2,732,399
    $1,303,860
    $4,036,259
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      Los Angeles, CA 90066

      APARTMENT HOUSE (5+ UNITS)
      Los Angeles, CA 90066
      View Details
    • Value Estimation by Request
      8,424 SF

      4148 Inglewood Blvd

      APARTMENT HOUSE (5+ UNITS) • 8,424 SF
      4148 Inglewood Blvd, Los Angeles, CA 90066-5286
      View Details
    • Value Estimation by Request
      8,820 SF

      4315 Inglewood Blvd

      APARTMENT HOUSE (5+ UNITS) • 8,820 SF
      4315 Inglewood Blvd, Los Angeles, CA 90066-6276
      View Details
    • Value Estimation
      $585,000
      10,114 SF

      3939 Inglewood Blvd

      APARTMENT HOUSE (5+ UNITS) • 10,114 SF
      3939 Inglewood Blvd, Los Angeles, CA 90066-4500
      View Details
    • Value Estimation by Request
      6,358 SF

      4302 Inglewood Blvd

      APARTMENT HOUSE (5+ UNITS) • 6,358 SF
      4302 Inglewood Blvd, Los Angeles, CA 90066-6246
      View Details
    • Value Estimation by Request
      6,072 SF

      3966 Inglewood Blvd

      APARTMENT HOUSE (5+ UNITS) • 6,072 SF
      3966 Inglewood Blvd, Los Angeles, CA 90066-4531
      View Details

    Similar Nearby for Sale

    • $3,650,000
      7,548 SF

      Culver City Multifamily Investment Opportunity

      Rare 10-unit multifamily property in desirable Culver City jurisdiction.
      12592 Washington Pl, Los Angeles, CA 90066
      View Details
    • $850,000

      Los Angeles Condo with Loft

      Charming 2-bedroom condo with loft in prime Los Angeles location.
      11831 Courtleigh Dr, Los Angeles, CA 90066
      View Details
    • $2,650,000
      7,020 SF

      Los Angeles Multifamily Investment Opportunity

      10-unit apartment building in Palms/Mar Vista with rental upside.
      3420 Federal Ave, Los Angeles, CA 90066
      View Details
    • Contact for pricing

      Culver City Multifamily Investment Opportunity

      Six units with parking in a desirable Westside location.
      12510 Washington Pl, Culver City, CA 90066
      View Details
    • $2,300,000
      6,490 SF

      Mar Vista Multifamily Investment Opportunity

      Prime 8-unit property in Mar Vista with value-add potential.
      4035 Inglewood Blvd, Los Angeles, CA 90066
      View Details
    • New
      $2,395,000
      2,042 SF

      Spacious Duplex on Expansive Lot

      Charming duplex with development potential on a large lot in Mar Vista.
      3938 East Blvd, Los Angeles, CA 90066
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,122 SF

      Two-Level Townhome with Private Entrance

      Two-level townhome featuring hardwood floors, remodeled kitchen, and tandem parking.
      3844 Wasatch Ave, Los Angeles, CA 90066
      View Details
    • $3 SF/Yr
      700 SF

      Retail/Office Space on Corner Lot

      Small retail or office space suitable for various businesses.
      11706 Culver Blvd, Los Angeles, CA 90066
      View Details
    • $1.95 SF/Yr
      48,100 SF

      Office Space with Open Floor

      Office space featuring open floor plans and ample parking.
      5301 Beethoven St, Los Angeles, CA 90066
      View Details
    • $0.40 SF/Yr
      121,882 SF

      Rare Yard on West Side

      M2 yard with most uses by right on West Side.
      5000 Beethoven St, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      34,777 SF

      Office Space for Lease

      Available office space in Los Angeles, CA.
      5340 Alla Rd, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      2,360 SF

      Retail Space Available For Lease

      Retail space available for lease in Los Angeles, CA.
      12740 Culver Blvd, Los Angeles, CA 90066
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11976 Culver Blvd
    Los Angeles, CA 90066-7441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.