12035 Alberta, Culver City, California 90230, Culver City, 90230 - 2 bed, 1 bath
Loading property details...
Culver City, California 90230
This Prime Development Asset is listed at $1,090,000, positioned near its $1,029,356 Fair Market Value as a strategic Value-Add play. Currently featuring a 990 sq ft structure with a Condition Rating of 6, the true value lies in the included architectural plans for a 2,820 sq ft luxury residence. These modern plans offer 4 bedrooms and 3.5 baths, designed to maximize the 3,998 sq ft lot within the Culver City Unified district. This project offers massive upside for Developers or Contractors seeking a high-reward redevelopment in the Culver City Westside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12035 Alberta Subject | $1,090,000* List Price | 2 | 1 | 990 | $1,040 | - |
A 5358 Inglewood Boulevard Sold | $1,027,500 | 2 | 1 | 850 | $1,209 | 0.1 mi |
B 12209 Allin Pending | $899,900 List Price | 2 | 2 | 964 | $934 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1952, the property is explicitly marketed as a 'value-add' play for developers, with architectural plans for a new luxury residence included. The existing 990 sq ft home, while described as 'clean,' is considered a 'small existing structure' and requires 'substantial additional investment' to realize the property's potential. The value is clearly in the land and redevelopment opportunity, aligning with the 'tear-down' criteria where the structure is beyond repair for its intended future use, and the property's value is based solely on the land.
The inclusion of meticulously modern architectural plans for a 2,820 sq ft, 4-bed, 3.5-bath luxury residence offers significant 'massive upside' and transforms the property into a high-value asset.
Situated in a highly desirable Culver City Westside location, offering easy access to beaches and local amenities, ensuring strong future appreciation and lifestyle benefits.
The architectural plans are designed to allow for maximum building capability under Los Angeles City code, ensuring the property's full potential is realized.
Realizing the property's full potential necessitates significant financial investment and time for the construction of the new luxury residence beyond the purchase price.
The current 990 sq ft, 2-bed, 1-bath home is considerably smaller than the planned development, meaning the property is not a move-in ready luxury home and requires extensive work.
The property does not offer any particular views (e.g., ocean, city lights), which might be a consideration for a luxury home in a desirable Westside location.
This home is a classic "value-add" play. Since the property is in clean condition but marketed toward developers, lifestyle of the current home while emphasizing the massive upside of the included architectural plans. This property currently features a charming, 990 sq ft 2 bed 1 bath home but is sold with a vision for much more. Included in the sale are meticulously modern Architect plans for a 2,820 sq ft, 2-story luxury residence. Enjoy 4 spacious bedrooms and 3.5 bath, 10ft ceilings, and wall-to-wall windows designed to capture the coastal sun. Plans allow for maximum building capability under Los Angeles City code, though the design can still be customized to your personal taste. Experience the best of the Westside with easy access to the beach and local amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 990 | 1,500 | 13% |
| Lot Size | 3,998 | 5,186 | 7% |
| Price | $1.09M | $1.49M | 16% |
| Price per sq ft | $1.1K | $989 | 62% |
| Built year | 1952 | 1951 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 177 | 27% |
Jan 15, 2026
$1,190,000
Initial Listing
Jan 15, 2026
$1,090,000
Initial Listing