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Culver City

California - Los Angeles

16.1°C

Culver City - Los Angeles

Culver City is located in Los Angeles County, in California. It was firstly settled by Spanish Explorers but it became a real city in the 20th century, when Harry H. Culver started plans for the city to establish it in a temperate zone, close to a transportation route and along railroad tracks. In tribute to this figure, the area was named "Culver City". Over the years, it turned into an oasis within the urban metropolis of Los Angeles. Thanks to its inhabitants' involvement, its numerous companies and its public amenities,  Culver City is a unique place to live, in a high quality of life and a peaceful atmosphere.

Market overview

The American real estate market has suffered from an important crisis, due to seizure of properties. This phenomenon had a huge consequence on prices, which plummeted. Therefore, investing in a property in L.A. is currently a safe investment and is interesting as the market benefits from favorable conditions.

Besides, the American population is mobile and often changes its accommodations. The law is particularly secured for financial backers and the American system is based on MLS (Multiple Listing System) which gathers all properties on sale, which is a guaranty of  ease to find one.

Thanks to a nice economic expansion, Los Angeles enjoys a large and diversified property portfolio with competitive prices for a city such vibrant, enormous and sunny. All in all, this area is a real heaven for owners and real estate investors.

Who buys?

Thanks to its multicultural aspects, Los Angeles is a global city which constantly attracts show business celebrities, fashion leaders, wealthy tourists as well as powerful financial people who are looking for an upscale quality of life, in a magnificent green oasis where are gathered culture, entertainment, glamor and leading-edge technology.

Buying basics

"Before any investment, the potential buyer will have to contact a professional of the real estate sector. The latter will need his client's passport and other administrative and bank documents to testify his identity and his solvency. The buying process is really fast (around one month). You do not need to have the American citizenship nor the famous Green card but you are required to provide a social security number (SSN), which is obligatory to fill in the tax return (that is only $100 for a property).

Besides, it is highly recommended to purchase an insurance regarding the ownership title in order to be secured in case of potential recording error. "

Peak Season
Jun 01 - Aug 31

From June to August, summers are particularly sunny and hot because of Santa Ana, a warm and dry wind that creates heatwaves. Therefore, temperatures can sometimes reach 35 degrees.

High Season
Apr 01 - Dec 01

The period from April to November is generally one of the best periods of the year to visit Los Angeles as temperatures are pleasant. Spring is also the period with shorter visitor queues and lower prices. However, between April and May, there is a "June Gloom" phenomenon (also called "May Grey") which corresponds  to a thick fog that appears at dawn and persists until midday.

Low Season
Dec 01 - Mar 31

Thanks to a Mediterranean climate, Los Angeles has a sweet climate throughout the year. Winters are mild and slightly rainy. Temperature scarcely drop below 10 degrees during the period from December to March.

Culver City Centennial Celebration

In 1917, Culver City became an incorporated entity. For the 100th birthday, a year-long event has been taking place to celebrate the Centennial. During this year of events and activities, the aim is to showcase the active civic, non-profit organizations and companies located in the community. From September 20, 2016 to September 23, 2017, Culver City has been organizing various events and celebrations. For instance, it welcomed various plays, parties, exhibitions, walks, bus tours and shows to promote the rich history of the city.

Culver City Boulevard Music Festival

From July 6 to August 10, 2017, the Culver City's Boulevard Music Summer Festival will take place. In the intimate courtyard of Culver City's City Hall, six free concerts are playing great music in the summer breezes. Discover diversified artists who will play bluegrass music, Cuban rhythms, classic rock as well as gypsy jazz.

Public Art

Culver City developed has developed a Public Places Program since 1988 in order to promote culture and art throughout the city. One of the goals was to improve the quality of life of its inhabitants who work and live in Culver city but also to preserve the quality of the urban environment. Therefore, by focusing on the urban landscape, the city wished to experience art in broader places and to target a wider range of people. Indeed, it has had consequences on the general welfare of the city and increased the availability of art to the inhabitants. Nowadays, there are more than 100 pieces of art located throughout in the area, both in public and private properties.

The PRESTIGE MLS agents

Syd Leibovitch
Director
Rodeo Realty
Mark A. McLaughlin
Director
Pacific Union International
Los Angeles
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