8947 Hubbard, Culver City, California 90232, Culver City, 90232 - 0 bed, 0 bath
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Culver City, California 90232
This Triplex Residential Income Asset presents a Strong Value Opportunity, listed at $1,800,000—positioned well above the $1,654,879 Fair Market Value by -8%. While the property requires capital expenditure due to its Condition Rating of 4, the fully occupied status ensures immediate cash flow. Located in a high-demand area near top-rated schools like Farragut Elementary, this property offers significant long-term appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a classic Spanish-style asset.
Property is moderate renovation needed.
Built in 1924, this property is over 100 years old. While it is functional and fully occupied, the lack of mentioned renovations to kitchens, bathrooms, or major systems (HVAC/Electric) suggests the units are dated. Visible exterior stucco cracking and the emphasis on 'classic architectural details' indicate the property likely requires modernization and minor repairs to meet contemporary standards.
Elementary School: Farragut Elementary School (9/10).
Situated in the highly coveted 90232 zip code, this property is minutes from Downtown Culver City and major studios, ensuring high rental demand and long-term appreciation.
As a fully occupied triplex, this asset provides immediate rental income from day one, making it an ideal turnkey opportunity for seasoned or first-time investors.
Built in 1924, the property may require higher-than-average maintenance costs or capital expenditures to modernize century-old plumbing, electrical, and structural systems.
With only 1,696 total square feet divided among three units, the living spaces are relatively small, which may limit the ceiling for premium rental rates compared to larger modern units.
Prime Culver City Triplex – Fully Rented Investment Opportunity! Exceptional opportunity to own a fully occupied triplex in one of Culver City's most desirable neighborhoods. This charming Spanish-style income property offers immediate rental income with tenants already in place, making it an ideal addition to any investment portfolio. Situated on a generous lot, the property features three residential units, off-street parking, a long driveway, and attractive curb appeal with classic architectural details. The location offers outstanding convenience to Downtown Culver City, major studios, restaurants, shopping, parks, and easy access to the Westside and Downtown Los Angeles. Surrounded by a mix of character homes and newer luxury development, this property presents an excellent opportunity to own an income-producing asset in a highly sought-after rental market. Property Highlights: Fully rented triplex Immediate cash flow Prime Culver City location Spanish-style architecture Long driveway with off-street parking Strong rental demand area Convenient access to Downtown Culver City, major employers, shopping, dining, and transportation A rare opportunity to invest in one of Los Angeles' most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,696 | - |
| Lot Size | 6,676 | - |
| Price | $1.80M | $1.44M |
| Price per sq ft | $1.1K | $631 |
| Built year | 1924 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 74 |
Jul 2, 2026
$1,800,000
Initial Listing
Jun 17, 2025
$700,000
Public Record