The Tape
11924 W Washington BlvdSold

$688K per door in Culver City.

Cityview built it in 2020. TruAmerica bought it in 2026.

By David SafaiFollow

At a glance

Sale Price
$66.74M

closed Feb 10, 2026

Units
97

residential

Retail SF
13,183 SF

100% occupied at sale

Price / Unit
$688K/door

residential only

Price / SF
$402/SF

165,918 gross SF

Avg Unit SF
1,154 SF

per door

Year Built
2020

5-story, MU-1 / C2-1

Loan
$43.38M

M&T Realty Capital, ~65% LTV

ULA Tax (Est.)
$3.67M

Measure ULA, 4% above $5M

Seller Hold
70 months

Cityview, ~5.8 years

What matters

  1. TruAmerica paid $66,736,000 on February 10.97 units at Haven, 11924 W Washington. $402 a foot.
  2. Cityview built it in April 2020 and held it 70 months.Five stories. 165,918 feet.
  3. 13,183 feet of ground-floor retail was full when it sold.Orangetheory, Red Diamond Yoga, and Bowie Barker are on the page.
  4. The new loan is $43,378,000 from M&T.The name on the deed is Haven Fee Owner LLC. 
11924 W Washington Blvd photo
FIG. 00, 11924 W WASHINGTON BLVD, CULVER-WEST, LOS ANGELES, CA 90066. Image via Google Street View.

The Location

Washington at Inglewood. Culver-West. Los Angeles 90066.

What an Operator Sees

The average unit SF of 1,154 is very large.
The retail tenants : Orangetheory, Red Diamond Yoga, and Bowie Barker are all great tenants for this area.
Cityview sold. TruAmerica bought.
$66.7 million.
97 units.
688K a Door is the number I want.
I do not have a cap.
I do not have income.
The retail was full.
That is the trade.
I research these transactions to sharpen my own investment strategy and share what I find so Los Angeles owners, brokers and investors can debate the market with better information.
Know one other LA owner who'd want this deal? Forward this — reply with their email and I'll add them.
Property and transaction data: CoStar Research.

Write to David Safai at David@AtlasBrief.La

Appeared in the Sept. 6, 2026 edition of The Tape.