12035 Alberta
Culver City, CA, 90230
$1,069,000
MLS: RS26212273
Beds
2
Baths
1
Sq Ft
990
Lot
0.09 ac
Year Built
1952
MLS #
RS26212273
Days on Market
25
Listed
Oct 1, 2026
Description
Exceptional value-add and development opportunity on the Westside! The property currently features a charming and well-maintained 990 sq. ft. 2-bedroom, 1-bath residence, offering comfortable living today with exciting potential for the future. Included in the sale are thoughtfully designed architectural plans for an impressive 2,820 sq. ft., two-story luxury residence featuring 4 spacious bedrooms, 3.5 bathrooms, soaring 10-foot ceilings, and expansive wall-to-wall windows designed to capture abundant natural light and the Southern California lifestyle. The plans have been designed to maximize the property's building potential under Los Angeles City guidelines while still offering flexibility for a buyer to customize finishes and design elements to suit their personal vision. An outstanding opportunity for an owner-user, investor, or developer looking to create a custom luxury residence in a desirable Westside location with convenient access to the beach, shopping, dining, and local amenities.
Location
Culver City, Los Angeles County, CA 90230
Open on Google Maps ↗Listed by: Mark Perez · Circle Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,423
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $106,900 · Loan: $962,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,609
- Property tax (1.25%)
- $1,114
- Homeowners insurance
- $300
- Mortgage insurance
- $401
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $37,415 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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Local Market Stats
See Culver City, CA 90230 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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