Investing in a fixer in Culver City may be an option, if you can get it at the right price.
Just because its a fixer, it does not mean that it makes good financial sense to buy it.
An experienced agent can guide you in the right direction for homes in Culver City.
What school age is/are your kid/s?
As for middle school, Culver City Middle is highly ranked, but bear in mind that its located right next to the high school, and the CC Adult high school. Meaning that 17 & 18 year old kids would be mingling with 11, 12, & 13 year old middle schoolers. Not all parents feel that that may be a good situation.
Just something that you should know and consider, before you make a decision to buy in any city.
Realtor, Certified HAFA Specialist (CHS)
Coldwell Banker Residential
Feel free to contact me directly at 323-608-4881 and I can point you in the right direction.
Residents in the area for years(10+) have seen their homes appreciate tremendously. The city has undertaken revitalization/redevelopment and Culver City is a real "hot spot" right now, both in Commercial and Residential arena's.
The problem is inventory, there is not enough for sale in the area, so you will have some stiff competition for the homes that are available. As far as your question is concerned, it depends upon the individual property and what needs to be repaired and the costs.
Take my advice and work with an excellent "Buyer Agent", who knows the area, on your purchase so that you can get the guidance you need.
Properties in Culver City are not "hot" as they seem in the replies here.
you find properties that are not moving for months-on-end. prices of properties are down 100-200K and there are no buyers.
I have a 3 bedroom condo that if you want I will sell to you at a 150K loss. Interested?
I have lived in Culver City for 13 years and have 2 children in elementary school. I am Executive Vice president of our school's PTA and can tell you that we have an awesome school district where the administrators listen, the teachers are engaging students and the parents are involved.
Schools are ranked on their Academic Performance Index (API) scores which ranges from 200-1,000. The 5 Culver City Elementary Schools are in the range 847-942. For more information, visit http://www.ccusd.org or feel free to contact me directly.
Keller Williams Realty