5033 Maytime Lane, Culver City, California 90230, Culver City, 90230 - 3 bed, 2 bath
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5033 Maytime Lane
Culver City, California 90230
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,130Sq Ft
231,425Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$573,619
3% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $695,000—positioned above the $636,609 Fair Market Value. While the price reflects the premium location, the Fair Condition Rating (5/10) confirms this unit is a blank canvas requiring significant modernization. Located in the resort-style Lakeside Villas, the asset features a private outdoor deck and access to extensive amenities. This is a strategic acquisition for Buy-and-Hold Investors or creative owner-occupants looking to leverage the Culver City tech-hub proximity and top-rated school district.
Estimated Market Value
$573,619
Based on Realkey algorithm analyzing recent comparable sales in Culver City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5033 Maytime Lane Subject | $595,000* List Price | 3 | 2 | 1,130 | $508 | - |
A 4919 Indian Wood Road 396 Sold | $535,000 | 2 | 1 | 852 | $628 | 0.2 mi |
B 4900 Overland Avenue 138 Sold | $512,000 | 2 | 2 | 920 | $557 | 0.5 mi |
C 7218 Raintree Circle Sold | $625,000 | 2 | 2 | 1,322 | $473 | 0.4 mi |
D 9214 Summertime Lane Sold | $452,000 | 1 | 1 | 730 | $619 | 0.2 mi |
E 7105 Summertime Lane Sold | $448,950 | 1 | 1 | 730 | $615 | 0.2 mi |
F 2311 Summertime Lane Active | $589,000 List Price | 2 | 2 | 977 | $603 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 and explicitly marketed as a 'blank canvas' for investors, this property requires a full rehab. The kitchen features dated cabinetry and missing appliances, while the interior shows popcorn ceilings, worn carpeting, and aged fixtures. It fits the criteria for a property over 30 years old needing significant updates and rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
Situated in the prestigious Lakeside Villas, the property offers 24-hour security and an extensive amenity package including three pools, two spas, a fitness center, and scenic walking paths around a private lake.
- Strategic Tech-Hub Location
The unit is ideally positioned near major employers like Sony Studios, Apple, and Google, with convenient access to the Expo line, Ballona Creek bike path, and top-rated Culver City schools.
- Functional Layout and Modern Comforts
This ground-floor three-bedroom unit provides a spacious floor plan featuring essential modern conveniences such as central heat/AC, in-unit laundry facilities, and a private outdoor deck.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =231425, other record lot size in square feet = 231361.
- High Monthly HOA Fees
The association fee of $903 per month is significant and may impact buyer affordability or debt-to-income ratios despite the inclusion of several utilities.
- Renovation Required
Marketed as a 'blank canvas,' the property likely requires a full cosmetic update or modernization, necessitating additional immediate capital investment beyond the purchase price.
About 5033 Maytime Lane
Three bedrooms, two bath townhouse on ground floor with spacious rooms and impressive natural light throughout. Living area has fireplace and an outdoor deck. The unit has laundry facilities and Central heat/AC. Whether you're a savvy investor or a creative homeowner, this property is a blank canvas ready to be transformed. Don t miss this opportunity to make your vision a reality in a beautiful, well-maintained community! Lakeside Villas, built in 1975, is a highly desirable gated community with 24-hour security featuring a lake, running streams, bridges, walking paths and lush landscaping. The complex has three swimming pools, two spas, a fully equipped fitness center, playground, clubhouse, and secure underground parking. Located in Culver City, it provides a resort type atmosphere with access to all the conveniences of urban living. Minutes from downtown Culver City, Sony Studios, Apple, Google, YouTube, Trader Joe's, the Expo line, and the Ballona Creek bike path. Also located within the highly regarded Culver City Unified School District, close to the West LA College, has convenient access to the 10, 405 and 90 freeways, and is just minutes to the beach, Marina and LAX. The HOA fees include gas, water, basic cable/internet, and trash.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 231,425 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $903.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,130 | 995.2 |
| Lot Size | 231,425 | 162,808.557 |
| Price | $595.0K | $612.0K |
| Price per sq ft | $527 | $612 |
| Built year | 1973 | 1972 |
| HOA | $903.0 | $649 |
| Days on market | 68 | 72 |
Pricing History
Listed for Sale
Aug 29, 2026
$595,000
$650,000
-8% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$650,000
$695,000
-6% Price Drop
Initial Listing
Price Change
Jul 3, 2026
$695,000
Initial Listing