Real Estate Profile: Culver City, CA 90230/90232
Culver City is located in Western Los Angeles County. It is surrounded by the Los Angeles neighborhoods of Mar Vista, West Los Angeles, and Palms to the North, Westchester to the South, Baldwin Hills and Ladera Heights to the East and Venice and Playa Vista to the West, along with the unincorporated area of Marina Del Rey.
The 2 primary zip codes of Culver City are 90230 and 90232. Because zip codes do not necessarily follow city boundaries, a portion of Culver City is in the 90066 zip code, which also serves as the Mar Vista neighborhood of the City of Los Angeles. The major geographic feature of Culver City is Ballona Creek, which runs northeast to southwest through most of the City before it drains into Santa Monica Bay in Marina Del Rey.
In 1990’s, Culver City launced a successful revitalization program in which it renovated it’s downtown as well as several shopping centers in the Sepulveda corridor near Fox Hills Mall. Around the same time, the relocation of Sony’s Motion Picture operations to the former MGM studios at Washington Blvd. and Overland Ave. brought much needed jobs to the City. The influx of many art galleries and restaurants to the eastern part of the City, formally designated as the Culver City Art District, prompted the NY Times in 2007 to praise the new art scene and call Culver City a “nascent Chelsea.”
The median asking price range of a single family home as of October 2010 is about $750,000 and as of this month the median sold price is at $650,000. Regarding condominiums, the median asking price is at $358,000 and the median sold price is at $365,000.
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Culver City Links
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