
Culver City, California 90230
This Prime Development Asset is listed at $1,099,000, reflecting a strategic premium for its Ready-to-Issue Plans compared to the $985,529 Fair Market Value of the underlying lot. The property is currently in Demolition Required Condition, but the value-add potential is significant with approved designs for a 2,347 sq ft modern residence and a Detached ADU. Located within the prestigious Culver City Unified School District, this project offers a streamlined path to a high-end ROI by eliminating typical permitting delays. This acquisition is ideal for Real Estate Developers or Investment-Focused Builders seeking a shovel-ready project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4354 Huntley Avenue Subject | $1,099,000* List Price | 5 | 4 | 2,347 | $420 | - |
A 11416 Braddock Active | $1,150,000 List Price | 0 | 0 | 2,509 | $458 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly states 'Demolition Required' for the existing house on the lot, and the property's value is based on the ready-to-issue plans for new construction. The image of the current structure shows significant disrepair, neglect, and outdated features, consistent with a property that is beyond repair and intended for demolition.
Situated in one of Culver City's most desirable neighborhoods, offering strong market demand and excellent lifestyle amenities.
Includes approved, ready-to-issue plans for a modern residence, significantly reducing development time and risk for the buyer.
Opportunity to build a brand-new, sophisticated 2,347 sq ft home with contemporary design, open-concept layout, and high-end finishes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2347, other record living area = 1388. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
An existing house on the lot necessitates demolition, adding an initial cost and time component before new construction can commence.
This is a ground-up construction project, requiring substantial additional capital investment and time beyond the purchase price.
A rare opportunity in prime Culver City to build a modern residence with ready-to-issue plans. This ground-up construction offering features thoughtfully designed plans for approximately 2,347 sq ft of sophisticated living, blending clean architectural lines with an open-concept layout ideal for modern lifestyles and entertaining. The proposed design showcases expansive living spaces filled with natural light, seamless indoor-outdoor flow, and high-end finishes throughout. Included in the approved plans is a fully detached ADU, perfect for rental income, extended family, or a private home office, along with a 2-car garage for added convenience. Located in one of Culver City’s most desirable neighborhoods, this is a unique chance to create a luxury home tailored to your vision, with time-saving, ready-to-issue plans already in place. An exceptional development opportunity offering both lifestyle and long-term value. There is an existing house on the lot. Here are the details: BED/BATH count: 4/1 livable sqft: 1,388
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,347 | 1,502 | 91% |
| Lot Size | 5,149 | 5,186 | 49% |
| Price | $1.10M | $1.49M | 16% |
| Price per sq ft | $468 | $967 | 2% |
| Built year | 2026 | 1951 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 177 | 18% |
Feb 1, 2026
$1,099,000
Initial Listing
Sep 6, 2024
$930,000
Public Record