5100 Lindblade Drive, Culver City, California 90230, Culver City, 90230 - 4 bed, 2 bath

5100 Lindblade Drive, Culver City, California 90230 home-pic-0
ACTIVE$1,610,000
5100 Lindblade Drive, Culver City, California 90230
4Beds
2Baths
2,133Sqft
9,606Lot
Year Built
1967
Close
-
List price
$1.61M
Original List price
$1.65M
Price/Sqft
$755
HOA
-
Days on market
-
Sold On
-
MLS number
25503473
Home ConditionTear down
Features
Good View: Creek/Stream
Patio
ViewCreek/Stream

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.61M(61th), sqft - 2133(80th), beds - 4(65th), baths - 2(50th).

Rare opportunity to own in a serene enclave of Del Rey, perfectly positioned on a quiet Cul-de-Sac, just minutes from Playa Vista and the beach. The current home is a single level mid-century built in 1967, sitting on an expansive oversized lot of 9,606 square feet that consists of 2,133 square feet of living space with 4 bedrooms, and 2 bathrooms including one primary ensuite bath. Enjoy an open-concept-floor plan, with a large family room, including clear story windows, skylights, built in speakers and a wet bar. The kitchen with breakfast bar opens to the dining room w/ fireplace. In the attached 2 car garage are stairs leading up to a landing that would make perfect office space. Enjoy warm days out on your enclosed patio. This home was purchased from the builders in 1968 and is being presented for the first time. This is more than just a home; it's an opportunity to own a unique home, and an expansive lot with endless potential. Strictly sold AS IS'. Culver City address with Los Angeles city services. Pictures are of the home virtually staged.

Condition Rating
Tear down

The property was built in 1967, making it 57 years old. The listing states it was purchased from the builders in 1968 and is being presented for the first time, strongly implying no major renovations have occurred in over 50 years. This, combined with the 'Strictly sold AS IS' clause, indicates extensive deferred maintenance and that all major systems, kitchen, and bathrooms are original or severely outdated and likely require complete replacement. While the structure might not be literally 'beyond repair' in all cases, the criteria for a 'tear-down' specifically includes properties built over 50 years ago with no major renovations in the past 50 years, suggesting its value is primarily in the land for redevelopment or a complete rebuild.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9606, living area = 2133.
Prime Location: Situated in a serene enclave of Del Rey on a quiet cul-de-sac, offering tranquility while being minutes from Playa Vista and the beach.
Expansive Lot Size: Features an oversized 9,606 square foot lot, providing significant outdoor space and potential for future expansion or landscaping.
Unique Opportunity: This is the first time the home has been on the market since its purchase from the builders in 1968, presenting a rare opportunity for a new owner.
Architectural Charm & Features: A single-level mid-century home with an open-concept floor plan, clear story windows, skylights, built-in speakers, a wet bar, and a potential office space above the garage.
Scenic View: The property boasts a pleasant 'Creek/Stream' view, enhancing its aesthetic appeal and outdoor ambiance.

Cons

As-Is Condition & Required Updates: The property is strictly sold 'AS IS,' indicating that buyers should anticipate needing to invest in repairs, system upgrades (given its 1967 build), and general modernization.
Overpriced Relative to Estimation: The current list price of $1.61M is higher than the estimated property value of $1.527M, which may suggest it is overvalued in the current market.
School District: Although located in Culver City, the property is zoned for the Los Angeles Unified School District, which might be a less desirable factor for buyers specifically seeking the Culver City Unified School District.

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