$1,499,000
Original list price: $1,550,000
MLS: 26849449
Beds
2
Baths
2
Sq Ft
1,234
Lot
0.12 ac
Year Built
1925
MLS #
26849449
Days on Market
34
Listed
Jun 18, 2026
Description
DEVELOPMENT OPPORTUNITY -- Potential for Two Homes on One Lot in Culver City's coveted Lucerne-Higuera neighborhood. Seller's plans are currently in the final stages of plan check for the potential development of two separate townhome-style residences (each proposed at approx. 1,800 SF plus garages). -- This is a rare opportunity in a highly desirable location just steps from Hayden Tract, Ivy Station, the Arts District, Amazon Studios, and Downtown Culver City. -- Alternatively, take advantage of the existing approximately 1,234 SF home and make it your own. The residence features a spacious great room with vaulted ceilings, multiple skylights, two bedrooms, two bathrooms, a den, and a bonus recreation room. Situated on an approximately 5,400-square-foot R2-zoned lot, the property offers flexibility for renovation or future development, subject to applicable approvals. -- Buyer shall independently verify all zoning, land use regulations, development potential, lot split opportunities, permits, plan check status, approvals, square footage, lot size, and all other property information with the appropriate governmental agencies and licensed professionals.
Location
Culver City, Los Angeles County, CA 90232
Open on Google Maps ↗Listed by: Christopher Newell · Berkshire Hathaway HomeServices California Properties
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
$11,084
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $149,900 · Loan: $1,349,100
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,661
- Property tax (1.25%)
- $1,561
- Homeowners insurance
- $300
- Mortgage insurance
- $562
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 Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
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 $52,465 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.
Local Market Stats
See Culver City, CA 90232 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
Only large teams outsell Mike Watson · Keller Williams Realty
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