12035 Alberta
Culver City, CA, 90230
$1,090,000
MLS: OC25281445
Beds
2
Baths
1
Sq Ft
990
Lot
0.09 ac
Year Built
1952
MLS #
OC25281445
Days on Market
16
Listed
Jan 15, 2026
Description
This home is a classic "value-add" play. Since the property is in clean condition but marketed toward developers, lifestyle of the current home while emphasizing the massive upside of the included architectural plans. This property currently features a charming, 990 sq ft 2 bed 1 bath home but is sold with a vision for much more. Included in the sale are meticulously modern Architect plans for a 2,820 sq ft, 2-story luxury residence. Enjoy 4 spacious bedrooms and 3.5 bath, 10ft ceilings, and wall-to-wall windows designed to capture the coastal sun. Plans allow for maximum building capability under Los Angeles City code, though the design can still be customized to your personal taste. Experience the best of the Westside with easy access to the beach and local amenities.
Location
Culver City, Los Angeles County, CA 90230
Open on Google Maps ↗Listed by: Henry Mai · Capital Team Real Estate Svc
Payment estimate
$7,872
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,000 · Loan: $981,000
- Principal & Interest
- $6,027
- Property tax (1.25%)
- $1,135
- Homeowners insurance
- $300
- Mortgage insurance
- $409
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Culver City home with as little as 3.5% down using an FHA loan — roughly $38,150 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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