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Los Angeles Communities - About Culver City

With approximately 40,000 residents spread over nearly 5 square miles, Culver City is an incorporated city known for its movie studios.  MGM has moved, and Sony Pictures now has a large presence there.  Combining small town charm with big city amenities  Culver City is fast becoming a trendy destination for restaurants, movie theaters and art galleries, and the New York Times has called Culver City the “nascent Chelsea.

Culver City Homes for Sale

The Culver City phase of the Expo Line, a light rail from downtown to Santa Monica, is estimated to be completed in 2012, further raising the cache of living in this area.

Culver City homes for sale are still affordable by Los Angeles standards.

2010 Census results show the population of Culver City as 38,883 living in 17,491 housing units.

Useful Links:

The City of Culver City
Culver City Unified School District

Culver City Homes For Sale, Homes for Sale in Culver City

Culver City Area Map



View Culver City Area Map in a larger map


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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City Real Estate - Housing Market Trends

If you are looking at Culver City real estate with an eye to buying a home, or you are thinking of selling your home in Culver City, you are probably wondering how the housing market did in 2010.

Culver City Real Estate Market Trends, Culver City Housing Market Report

Culver City still remains a desirable place to live.  It is an artistic community with an ever growing number of restaurants opening.  And the metro line in phase one of constructions, slated to carry passengers from downtown to Santa Monica, is only going to increase the housing values in the area.

Culver City real estate still remains affordable, and if you have any interest in income property, Culver City does not have rent control!

So how did Culver City real estate do in 2010?

Culver City Real Estate Market Trends, Culver City Housing Market Report

The Culver City single family housing market remains very strong.  Inventory is fairly low, average days on the market are under 2 months, average sales prices are steady and the sales vs list price is high.  The single family market is a sellers' market.

Culver City Real Estate Condos Market Report, Culver City Real Estate Housing Trends

The Culver City condo market, is slowing down, although is still quite balanced, with just over 6 months of inventory, which indicates a buyers' market.  Average prices are fairly steady, average days on the market under 3 months, and sales vs list price reasonably high.

If you are looking at buying or selling a Culver City home, now is not a terrible time.

Map of Culver City, CA


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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live.  I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be.  I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate.  Let me do the Work for You!

 

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City Real Estate Market Trend

The Culver City housing market is healthy, especially considering current market conditions.  The median price has remained steady, days on the market are low, and the sales vs list price percentage is extremely high.  With the months supply of inventory around 4.5 this is a strong market for sellers.

Culver City Real Estate Market Sales Trend
12 Month Sales Low Median High Avg DOM % Sold vs List Price Active Listings
Single Family
145 $370,000
$650,000
$1,120,000
42
99.10
51

Condos 193 $155,000
$367,500
$865,000
47
97.99
83


6 Month Sales Low Median High Avg DOM %Sold vs List Price
Single Family 71
$370,000
$660,000 $1,120,833
37
99.35


Condos 112 $155,000
$369,500
$865,000
47
97.41



3 Month Sales
Low Median High Avg DOM %Sold vs List Price Months Inventory
Single Family 35 $405,000
$660,000
$1,100,000
33
99.46 4.37

Condos 55 $155,000
$367,500
$865,000
51 97.02
4.53

There are presently 29 single family homes and 41 condos under contract

Data provided by MLS CLAW deemed reliable, but not guaranteed.

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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For Those of You Who Don't Know What Zydeco is, and For Those of You Who Do, Enjoy!

The 16th annual Culver City Summer Music Festival is half way through, and they are definitely showcasing great music.

Last night was no exception.

Gino Delafose and French Rockin' Boogie are a must-see if they ever come to town.  A mix of Zydeco, Cajun and R&B, as you can see people were up on their feet dancing.  My line dancing days came back to me and my legs are now sore.

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City Music Festival

Yesterday I went down to the Culver City Music Festival in front of City Hall.  This was, in fact, the 16th year of the festival and it is definitely a worthwhile venue.

There are so many of these summer festivals and most of them are on Thursday at the same time. 

The reason I like Culver City's Festival is that it is extremely easy to park and it is not over packed. 

Last night's bands were The Gonzalo Bergara Quartet, a jazz group, followed by Los Pinguos whom I love.  They often play on Third Street Promenade in Santa Monica.  Think Gypsy Kings, think Los Pinguos.

Before or after the entertainment there are plenty of great restaurants and bars in the area.  You won't go hungry.

As you will see, it was difficult to sit down during the entertainment.   

 

Thursday, July 29th, the entertainment will be Yari More.

See you there!

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City Housing Market Report - June 2010

Culver City Stats

The Culver City statistics below are taken from the MLS CLAW and are for single family homes only.  They do not include condos, income property, or private sales.

June was a good month for Culver City home sales.   The number of homes sold was up 66% over May, the median sold price was up 2% and the median sold price vs the median list price difference was down 45%, i.e. the June sold price was much closer to asking price over May. Days on the market of homes sold was down by 13 and the homes under contract was up by 200%.  The months supply of inventory, i.e. market absorption rate, indicates that Culver City is definitely in a sellers' market.

Culver City Stats

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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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16th Annual Culver City Music Festival

Culver City

This is the 16th year of the Culver City Music Festival.  Every Thursday from July 8th to August 26th, there will be free concerts in front of City Hall in Culver City.  Concerts are from 7:00 to 9:00 p.m. with access to the courtyard starting at 4:30 p.m. 

Music will include swing, salsa, Zydeco, blues, rock, and more, and with all the trendy restaurants in the area make an evening of it.

Free parking is available under City Hall and in the first two hours are free in nearby structures.

 

 

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Open Houses in Culver City, CA - May 9th 2:00 - 5:00 p.m.

Single Family Open Houses in Culver City,  Sunday, May 9th - 2:00 - 5:00 p.m.

Open Houses

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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City Housing Market Report - April 2010

Culver City Stats

The Culver City Market statistics below are taken from the MLS CLAW and are for single family homes only.  They do not include condos, income property or private sales.

April was a mixed month for Culver City home sales.   The number of homes sold was up significantly but homes going into contract was down, strange considering that the federal home-buyers tax credit was ending at the end of the month.  The median price was down as was the sales price received against the listed price. Days on the market was up and number of homes for sale down.  The months supply of inventory remained the same.

Culver City Stats

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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Culver City California, A City on the Rise

Culver City, California, was the dream of Harry Culver who in 1913 envisaged a balanced city.  The city was incorporated in 1917.  The studios formed the economic base followed by industries such as Helms Bakery and Western Stove.  In the 1920s and 30s, during prohibition, the city was filled with nightclubs and bootleggers, followed by car dealerships during the War years of the 40s.

Culver City

Culver City

 

 

 

 

 

 

 

Culver City

 

 

 

Over the years Culver City,  has grown in size to 5 square miles, with its own school district, and in 2000 it had 40,000 residents.

In the 1990s there was a rebirth of downtown with one of the highest concentrations of fine art galleries in Southern California.  This and the vairety of dining led the New York Times in 2007 to call it a "nascent Chelsea."

Culver City has an Historic Preservation Program which, in 1990, listed 124 structures as "Landmark", "Significant" or "Recognized."  There are also three designated historic districts.  Among the landmark properties are:  

The Culver Hotel
was built by Charlie Chaplin and Harry Culver, the founder of Culver City, who had his offices there.  There is a legend that Charlie Chaplin sold the hotel to John Wayne for $1 in a poker game.

Helms Bakery was the official bakery for the 1932 Olympics.  Dozens Helms trucks delivered all over the City and beyond, and in the days without freeways the trip could take four hours or more.  Like the ice-cream trucks, the Helms trucks would stop at homes with a Helms sign and blow a whistle-like sound so people would run out of their houses or chased the truck down the street. Helms' bread became the first bread on the moon, traveling on Apollo 11.  The Helms building is now a series of showrooms, art galleries and restaurants.

Culver Studios is a colonial-style movie studio finished in 1918.  The studios were the home for Gone with the Wind, the front of which served as the front for Tara, Scarlett O'Hara's home.  In 1991 it became part of Sony Pictures who sold it in 2004

The Culver Theater was built in 1945 in late Moderne style.  The theater has changed hands several times and is now the Kirk Douglas Theater home of the Center Theater Group.

The old Fox Hills Mall was bought, renovated to the tune of $180M, and reopened in October '09, boasting an array of new stores, quality restaurants with street front retail and patio dining.

Although the number of Culver City homes sold,  dropped significantly from a year ago, the median price increased 39% and the number of homes under contract also, increased 38%.  Days on the market dropped by 84% and the months supply of inventory dropped by 22%.  This is good news for the area.

Culver City Stats

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Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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