CBRE recently finalized the sale of The Oliver, a mixed-use property located in Culver City for $29.25 million or $780,000 per unit. The 8,665 square feet of ground-floor retail and 30 multifamily units were represented by CBRE’s Eric Chen and Joyce Goldstein on behalf of the seller Washington Marcasel Apartments LP to buyer Oliver Washington 88 LLC.
The 2016 built property is situated at 11955 W. Washington Blvd., offering large one- and two bedroom floorplans averaging 1,159 square feet with ground level retail including Wall Street Pizza, Red Diamond Yoga Studio , Hive Beauty Collective & Pearl Dental .
According to Chen “The Oliver is a highly desirable asset on the Westside which resulted in closing at one of the highest prices for comparable building sales in this area”
