12035 Alberta, Culver City, California 90230, Culver City, 90230 - 2 bed, 1 bath
12035 Alberta
Culver City, California 90230
Property Price
SUMMARY
Analysis of 12035 Alberta, Culver City, California 90230 reveals a Fairly Priced Property with a current list price of $1,090,000 aligned with the estimated $1,059,049 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Culver City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
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 | $1,070 | - |
A 5358 Inglewood Boulevard Pending | $1,049,000 List Price | 2 | 1 | 850 | $1,234 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Opportunity
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.
- Prime Westside Location
Situated in a highly desirable Culver City Westside location, offering easy access to beaches and local amenities, ensuring strong future appreciation and lifestyle benefits.
- Maximized Building Potential
The architectural plans are designed to allow for maximum building capability under Los Angeles City code, ensuring the property's full potential is realized.
CONSRISKS & DEFICIENCIES
- Requires Substantial Additional Investment
Realizing the property's full potential necessitates significant financial investment and time for the construction of the new luxury residence beyond the purchase price.
- Small Existing Structure
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.
- Lack of Specific Views
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.
About 12035 Alberta
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 3,998 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 990 | 1,602.5 | 13% |
| Lot Size | 3,998 | 5,165 | 11% |
| Price | $1.09M | $1.40M | 15% |
| Price per sq ft | $1.1K | $956 | 67% |
| Built year | 1952 | 1951 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 178 | 2% |
Pricing History
Price Change
Jan 15, 2026
$1,190,000
Initial Listing
Listed for Sale
Jan 15, 2026
$1,090,000
Initial Listing