
Culver City, California 90230
This property presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned well below the $426,964 Fair Market Value by -14%. While the unit maintains a Condition Rating of 5, its original 1972 finishes provide a clear canvas for value-add renovations. Residents benefit from resort-style amenities, including a pool, spa, and secure gated grounds. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic modernization in a prime Culver City location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8120 Raintree Circle Subject | $474,000* List Price | 1 | 1 | 735 | $574 | - |
A 9214 Summertime Lane Sold | $452,000 | 1 | 1 | 730 | $619 | 0.2 mi |
B 4919 Indian Wood Road 396 Sold | $535,000 | 2 | 1 | 852 | $628 | 0.1 mi |
C 7105 Summertime Lane Sold | $448,950 | 1 | 1 | 730 | $615 | 0.2 mi |
D 4900 Overland Avenue 138 Sold | $512,000 | 2 | 2 | 920 | $557 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 and appears largely in original condition; the kitchen features outdated cabinetry, laminate countertops, and an old coil-top stove, while popcorn ceilings and worn flooring indicate the unit needs a full rehab to meet modern standards.
Located in the prestigious Raintree guard-gated community, residents have access to a heated pool, spa, fitness center, and a serene lake with walking paths, offering a high-end lifestyle.
The monthly HOA dues include water, sewer, trash, gas, internet, and cable, providing exceptional value and predictable monthly expenses for the homeowner.
The property is ideally situated near Sony Pictures Studios and Downtown Culver City, offering convenient access to top-tier dining, shopping, and entertainment hubs.
Constructed in 1972, the unit may require modern cosmetic updates or system upgrades to compete with newer luxury developments in the area.
The listing indicates no specific view, which may be a drawback for buyers seeking the lake or garden vistas often found within this community.
Step into effortless living at The Raintree, one of Culver City's most sought after guard-gated communities. This bright 1 bedroom, 1 bathroom condo offers 735 square feet of single-level comfort, now offered at a new price of $474,000. Elevator access means no stairs, ever, from the parking level straight to your front door, making everyday life simpler. Inside, you'll find a cozy fireplace, a built-in bar perfect for entertaining, and a spacious private balcony for your morning coffee or evening unwinding. The primary bedroom includes a generous walk-in closet, giving you real storage without the clutter of a larger home. Beyond your front door, The Raintree delivers a true resort lifestyle with none of the upkeep. Enjoy the heated community pool and spa, a fully equipped fitness center, an inviting clubhouse, and beautifully maintained grounds anchored by a peaceful lake with a fountain and resident ducks. Wander the winding walking paths any time of day, all within a secure, guard-gated setting with dedicated parking. You're just moments from Downtown Culver City, The Culver Steps, Sony Pictures Studios, and the Ballona Creek Bike Path, putting everything you need within easy reach, without needing to drive far or maintain a big property to enjoy it. HOA dues cover water, sewer, trash, gas, internet, and cable, so you only pay electricity, keeping your monthly costs simple and predictable. If you've been looking to simplify, this is what easy living looks like: one level, no stairs, low upkeep, and a lifestyle that's ready the moment you move in.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 735 | 995.2 |
| Lot Size | 42,410 | 162,808.557 |
| Price | $474.0K | $612.0K |
| Price per sq ft | $645 | $612 |
| Built year | 1972 | 1972 |
| HOA | $574.15 | $649 |
| Days on market | 23 | 72 |
Sep 2, 2026
$474,000
$489,000
-3% Price Drop
Initial Listing
Aug 17, 2026
$489,000
Initial Listing