Dear Dub, to clarify, the property tax itself is 1.0% of the purchase price.
There are additional voter initiatives collected with the property tax like LA County Fire Department Fund, LA West Mostiquito Abatement Fund, Flood Control Fund, Trauma/Emergency Service Fund, County Park District Fund, County Library Fund etc. The fund and the amount collected is shown on your tax bill.
Generally this is about 0.25% for Westside properties. It varies from area to area. I believe Culver City might be a little lower. In any event the total tax collected is approximately 1.25% of the purchase price.
Property tax is billed once a year for the tax year July 01 thru June 30. The bill itself is sent out around October. The first payment is due November 01 with a grace period to December 10. The second half is dueFebruary 01 with a grace period to April 10.
There is a good selection of condos available in Culver City.
In the Fox Hill Mall area there is The Kensington, Cambridge House, Fox Gate and Heather Village, These are mainly condo conversions meaning they were built as apartments and converted to condos.
In the area near the Sony Studios are the gated developments of Tara Hill On Indianwood Road and Hollow Corner Road, Lakeside Villas on Maytime Lane, Lakeside Village on Summertime Lane.
I can set you up on an auto-notification which will show all the units available in Culver City as they come on the market.
Go to my website.
All the best!