Home Buying in 90230>Question Details

Joichim Hast…, Both Buyer and Seller in Marina Del Ray, Los...

Culver City Home Prices

Asked by Joichim Hastaf, Marina Del Ray, Los Angeles, CA Mon Jun 18, 2012

My wife and family went for dinner in Downtown Culver City. It's very nice there. I wonder what the prices are for 3 bedroom homes. Also are there many new condo's in Culver City?

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A 3 bedroom house in Culver City will start at around $600,000 depending on location. There are newer townhouses/condo's but very few. You can check out Playa Pacific which was built in 1997. A remodeled condo is also a good piurchase if you like new. Let me know if you need help. I am a Realtor who specializes in Culver City.
1 vote Thank Flag Link Mon Aug 27, 2012
My family and I are current renters in Culver City and we definitely love the area. However, we have been looking for a 3/2 locally and on the outskirts for almost 2 years now to no avail. I mean not even a fixer upper!! (Except the house on Globe Avenue) . I think its ridiculous, because a large majority of these properties are like small box containers and no where near the asking price. Who owns and controls the land pricing!?!? Which seems to be a HUGE part of the asking price. And with sooo many foreclosures out there, why have they not re-entered them into the market to help balance everything out? I am tired of the alleged 'supply and demand' keeping us from buying a home and dictating where we HAVE to buy!!
Flag Tue Oct 16, 2012
I am Bob Ferrol of RE/MAX and I have been helping people to buy and sell homes in Culver City and area for a number of years.
You are right about it being a very pleasant place to live (there are some lovely neighborhoods and absolutley wonderful amenties) but it is just a great address period - It's schools are the largest attraction to people as the reputation of the education facilities from elementary through high school is excellent.
The key to its success is that its City is very efficiently and professonally run through its City Council - like Santa Monica, although within Los Angeles county it is separately incorporated and therefore largely in charge of its own destiny.

It is difficult to answer your questions directly, as although there are many "deals" and some luxrious houses around, the prices for a reasonable and decent single family residence range from say $575,000 and up. Incidentally, home sales have moved from $4.8million to $8.2million Mar to May this year.

Condos and townhouses averaged $330,000 at May 31 but they are all over the map and the single most important thing to watch is the amount of monthly home owner dues (HOD's) which one pays.
Please contact me if I can assist you in identifying a house, townhouse or condo which might fit your budget.
Prcies and mortgage interest rates are predicted to rise over the next months according to all the economists and analysts who I follow and one of the areas which should benefit the most will be Culver City.
I hope this helps,
Bob Ferroi
310 625-1530
DRE# 01323700
1 vote Thank Flag Link Mon Jun 18, 2012

I agree downtown Culver City is very nice. The average price for a 3 bedroom home available now is $748,000 the low is $649,000. There are 16, 3 bedroom single family homes currently available .

As far as condos the newest constuction 3 bedroom condo available now is listed for $529,000 built in 1991.

Please let me know how else I can help you. I know the area well and have a solid track record representing buyers throughout West L.A.

Amanda Contreras
Keller Williams Realty
e. thecontrerasgroup@gmail.com
1 vote Thank Flag Link Mon Jun 18, 2012
It is very pricey but here is what is available up to 700k in Culver City to study.

Click the following URL to see the Listings:

As you will find that 3 bedroom I bath sfr start at 639k. Let me know if your considering any of these or any other cities and I can post or email them to you?

Do you have down payment and closing costs saved? I offer the CHF Access half percent down payment program with a minimum 580 fico score which also can contribute towards closing costs as well. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here is a flyer and a needs list to gather for loan approval.

CHF Access half percent down flyer, pdf
Sheryl Arndt, standard needs list checked, pdf
Why Rent brochure
CHF Access income limits http://tinyurl.com/8lzf8he


Sheryl Arndt, Broker – Sr. Loan Officer
DRE# 01440252
NMLS# 297251
0 votes Thank Flag Link Fri Oct 26, 2012
Hi Joichim,
We do have several condo developments in Culver City.The newest is on Culver Blvd and Dusquesne.(smaller and very modern)
Three bedroom homes average at around 700,000 but go higher depending upon the location, condition, amenities etc.
Culver is a very nice area with numerous parks and many family activities. We have some of the best public schools in the City, and that is one of the many reasons the prices have gotten higher here.
0 votes Thank Flag Link Tue Oct 23, 2012
Waaaaaaaaaaaaaay over priced in certain areas of the small community. I have lived locally in the heart of Culver City for 5 years now and have been house hunting the area for 2 years to no avail.
0 votes Thank Flag Link Tue Oct 16, 2012
Hello Janee, how much are you paying for rent right now? I can give you some options of where you may be able to buy as the home prices are beginning to rise. If you wait any further you will be priced out of the market. Do you have down payment and closing costs saved? If not, I offer the CHF Access half percent down payment program with a minimum 580 fico score and can contribute towards your closing costs. Let's discuss some options to get you to live the American Dream of home ownership. Don't miss the boat.
CHF Access half percent down flyer, pdf
Sheryl Arndt, standard needs list checked, pdf
Why Rent brochure
CHF Access income limits http://tinyurl.com/8lzf8he
Flag Fri Oct 26, 2012
Yes there are some really cool new spaces in Downtown Culver. But you can also get a really cool house with a yard and family friendly environment still for under 750k
0 votes Thank Flag Link Mon Jul 30, 2012
In today' real estate and job market, unless you are an investor, who WANTS to pay that much for a home? I mean there are only a select few that could even afford it. I think that housing costs are extremely overpriced (and some properties overrated against the asking cost). SMH....
Flag Tue Oct 16, 2012
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