NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $228,714 a year with approximately $96,037 a year in expenses (expenses include Property Tax at 1.25% of List Price), this property is not just a great investment -- priced at a 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
8/11/2025
|
|
YEAR BUILT
|
1984
|
COMMUNITY
|
C09 - Beverlywood Vicinity
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| APPLIANCES |
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer |
| AREA |
C09 - Beverlywood Vicinity |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Attached Garage |
| HEAT |
Wall Furnace |
| INTERIOR |
High Ceilings |
| LOT |
7318 sq ft |
| PARKING |
Attached, Attached Carport, Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Other |
| STORIES |
Two, Multi/Split |
| STYLE |
Contemporary |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
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Listed with Rodeo Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/12/25 10:52 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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