Score
0Culver City, CA
3819 Dunn Dr
1.9M
10 beds
9 baths
10,980 sqft
10 bd • 9 ba • 10,980 sf
This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,950,000
Price/Sq.Ft
$178
Year Built
1922
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Unique Architectural Design: The "Hobbit House" design by a Disney artist offers a rare and potentially valuable aesthetic appeal, attracting tenants and tourists interested in unique living spaces.
• Prime Location: Located in the heart of Culver City, the property benefits from its proximity to entertainment industry leaders and the city's vibrant cultural scene.
• Multi-Unit Structure: The 9-unit apartment campus provides a steady income stream and diversification of rental income.
• Minimal Flood and Fire Risk: The property has a minimal flood and fire risk (1/10), which reduces potential insurance costs and property damage concerns.
• Potential for Rent Increases: Current leases are below market rates, presenting an opportunity to increase rental income significantly. According to provided data, studio apartments rent for $2050, one-bedroom for $2340, two-bedroom for $2970, three-bedroom for $3860, and four-bedroom for $4240.
The Bad
• High Purchase Price: At $1,950,000, the price is high considering the age of the property, the potential for needed repairs, and the high property crime rate in the area.
• Low School Ratings: Palms Elementary School has a rating of 4/10, which may deter families with young children seeking high-quality public education.
• Limited Parking: With only 9 parking spaces for 9 units, parking could be a challenge for tenants, especially if they have multiple vehicles.
• Reliance on Wall Units for Heating/Cooling: Wall electric and wall unit(s) may not be as efficient or desirable as central HVAC systems, potentially impacting tenant comfort and satisfaction.
The Ugly
• High Property Crime Rate: Culver City has a high property crime rate compared to state and national averages (158.7% and 210.1% higher, respectively). This can lead to increased insurance costs, difficulty attracting tenants, and potential security expenses.
• Age and Condition: Built in 1922 with major renovations in the 1940s, the property is likely to require significant maintenance and potential upgrades to meet modern standards. The 'as-is' condition means the buyer assumes all risks.
• Potential High Renovation Costs: The unique architecture, while appealing, may complicate and increase the cost of necessary renovations or upgrades. Obtaining permits for such a unique property may also be challenging.
• Rising Violent Crime: Culver City has seen an increase in violent crimes from 557 in 2022 to 560 in 2023. This negative trend may deter potential tenants and impact property value.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Investors Seeking Unique, Historic Properties: This property's unique design and Hollywood history could attract tenants and tourists interested in a distinctive living experience. The potential for rent adjustments also makes it attractive to investors.
• Buyers Comfortable with Older Properties: Those who appreciate vintage architecture and are prepared for the maintenance and potential upgrades that come with a property built in the 1940s.
• Buyers Looking for a Property in the Entertainment Hub: Given the property's location in the 'creative epicenter' of Los Angeles, it is ideal for those wanting to be close to industry leaders and entertainment headquarters.
• Buyers Prepared for 'As-Is' Trust Sales: Those familiar with trust sales and willing to accept the property in its current condition, understanding that no court confirmation is required.
Not For
• Buyers Seeking Modern, Low-Maintenance Properties: The property's age (built in 1922 with significant renovations in the 1940s) and 'as-is' condition may deter those looking for move-in ready, modern amenities and low upkeep.
• Risk-Averse Buyers: The high property crime rate in Culver City, significantly above state and national averages, might make this property unsuitable for those highly concerned about safety and security.
• Buyers with Limited Renovation Budgets: Given the unique architecture and older construction, renovations or upgrades could be costly and challenging.
• Buyers Relying on High School Quality: With Alexander Hamilton Senior High School scoring a 6/10, families prioritizing top-rated schools might seek properties in other districts.
Demographics
Area Median Income
$105,932
Property History
Price History
Ownership Timeline
$0Cash Purchase
Mar 4, 2010The Martha Joseph Trust, Martha JosephJeannette S Kesterson
Affidavit Death Of Trustee/Successor Trustee
Non-Arm's Length Transactions
$0Cash Purchase
Oct 3, 2002Martha JosephMartha Joseph, Martha Joseph Trust
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jan 1, 1970Lawrence Joseph DeceasedMartha Joseph
Affidavit Of Death
Non-Arm's Length Transactions
Property Taxes
$9,659
2024 Tax Assessment
1.9%from previous year
Assessed Value$780,576
Tax Rate1.24%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Schools
Nearby school quality by education level
Middle
7.0/10
GoodHigh
6.0/10
GoodFinancials
Monthly Costs
Market Rent (10 bed)
Get a detailed estimate on Zillow$2,050
Unlock Premium Features
Supercharge Your Property Analysis
Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.
Best for serious buyers
- Unlimited AI analysis
- Unlimited AI chat
- Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee
Location & Comparables
Subject Property
Comparable Sales
Frequently Asked Questions
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
You
Analyze Any Property for Free
Get instant insights and potential savings on any Zillow listing.
Free Analysis
AI-Powered Insights
Instant Results
