SoldBroker Activity · Entry № 140

$688K per door in Culver City.

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

PublishedAugust 28, 2026
StatusSold · Just Closed · Feb 10, 2026
DatelineThe Tape · Culver-West, Los Angeles
11924 W Washington Blvd hero photo
FIG. 01, 11924 W WASHINGTON BLVD, CULVER-WEST, LOS ANGELES, CA 90066. Image via Google Street View.
Four takeawaysFour things an operator sees at 11924 W Washington
  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. 
Deal Stats · 11924 W Washington Blvd
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

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.
Brokers
Buyer Broker
Kevin Green, Joseph Grabiec, Gregory S. Harris
Institutional Property Advisors
    Written from the field

    David Safai, operator, developer, GC.

    Atlas Home Builders, Inc. is a Los Angeles owner-operator and general contractor. If you are a broker with a listing you want an honest read on, send the OM and the T-12 to David@AtlasBrief.La.

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