Culver City

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Culver City, soaked in moviemaking history, features a buzzing dining and nightlife scene, which includes globally inspired eateries, gastropubs and cozy cocktail bars. Occupying the MGM lot, which dates back to 1924, Sony Pictures Studios offers behind-the-scenes tours of its legendary soundstages. Other cultural highlights include spare but sophisticated art galleries, playhouses and the storied Culver Hotel.

Culver City is known as a major hub for the entertainment industry, home to Sony Pictures Studios and Culver Studios. It also has a rich history, being called “The Heart of Screenland,” and has seen a boom in media production and tech companies.

Culver City offers a variety of neighborhoods. Carlson Park is known for its family-friendly environment and charming homes, while Blair Hills provides hillside properties with great views. Culver West is another popular area for those looking for quiet, residential living near parks and schools.

Housing in Culver City is on the higher end, with a median home value around $1,700,000 – $1,800,000+. The median price for a 2 bedroom condo is $850,000.  Prices are influenced by the desirable central location, high quality standard of living & schools, low inventory & the tech boom. Buyers can find a mix of historic homes, mid-century designs, and newly developed properties. Considering buying or renting in Culver? Contact us for a detailed analysis on your target market.

Culver City offers highly-rated public schools through the Culver City Unified School District, private school options & proximity to both UCLA and West Los Angeles College. For more detailed insights on schools or zoning visit greatschools.org.

 

Transfer Tax Rates (as of the most recent information):

  1. $1.50 per $1,000 of property value for sales below $1.5 million.
  2. $3.00 per $1,000 for property sales between $1.5 million and $3 million.
  3. $6.00 per $1,000 for property sales between $3 million and $10 million.
  4. $10.00 per $1,000 for property sales over $10 million.

The tax is typically paid by the seller, though it can be negotiated as part of the sales agreement.

Total Property Tax Rate:

When combining the 1% base tax and additional taxes, the total property tax rate in Culver City typically ranges between 1.1% and 1.3% of the assessed value, though it can vary slightly depending on the specific parcel and district. Typically it’s best to estimate 1.25% of price.

Yes, Culver City is highly rated for families due to its excellent public and private schools, which consistently receive high ratings on education sites. Additionally, it offers family-friendly parks like Culver City Park and Blanco Park, as well as community programs and events.

Culver City offers a mix of urban and outdoor activities. The Baldwin Hills Scenic Overlook offers stunning views of the city and hiking trails, while the Culver City Arts District is perfect for exploring galleries, studios, and public art. There are also many fitness facilities, yoga studios, and community sports programs.

Culver City is well-connected to greater Los Angeles via the Metro E Line (formerly Expo Line), which provides a direct route to Santa Monica and downtown LA. Public transportation is bolstered by bus services, and its location near major freeways like the 405 and 10 ensures convenient access by car.

Culver City boasts a dynamic food scene, featuring everything from casual cafes to high-end restaurants. Downtown Culver City is a culinary destination with a variety of international cuisines. We recommend checking out Citizens Public Market, Lonzo’s Peruvian, Salt n Straw, Copenhagen Pastry & Stanley’s Wet Goods! For entertainment, there are regular events at both the Culver Steps & Ivy Station, movie theaters, live performances at Kirk Douglas Theatre, museums, art galleries, Tuesday Farmer’s Markets and events like the Screenland 5k. 

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