$1,995,000
NEW CONSTRUCTION

Estimated payment $12,008/month

Total Views 348
5 Beds
5 Baths
2,598 Sq Ft
$768 Price per Sq Ft

Highlights

  • New Construction
  • Quartz Countertops
  • Air Conditioning
  • Venice High School Rated A
  • Bathtub with Shower
  • Tankless Water Heater

About This Home

We are pleased to present 10714-10720 Charnock Road, a fully renovated five unit bungalow-style apartment community positioned in one of the most desirable pockets of the Palms and Culver City corridor offered at a 5.67% CURRENT CAP RATE. Completed in 2024, the property has undergone an extensive, top-to-bottom redevelopment that blends three fully renovated front units (originally constructed in 1952) with two NEW CONSTRUCTION rear units placed into service in 2024. Both new construction units are NOT subject to rent control. Each residence features luxury vinyl plank or hardwood flooring, elegant quartz countertops, custom cabinetry, stainless steel appliances, in-unit brand name laundry equipment, designer lighting and mini split HVAC systems. The bungalow-style layout promotes privacy and a residential feel rarely found in this submarket. Kitchens and baths have been comprehensively updated, and major building systems including electrical, plumbing, windows and doors were replaced during the redevelopment. Exterior areas were thoughtfully redesigned with new drought tolerant landscaping, newly poured walkways, curated greenery, modern fencing and four dedicated off-street open air parking spaces, creating a refined environment with minimal near-term maintenance requirements. The immediate surroundings at Charnock Road and Overland Avenue continue to evolve into a notable dining and lifestyle district anchored by acclaimed restaurants such as n/naka, Phorage, Lobster & Beer, Burrata House and the long-established Versailles Cuban restaurant. Directly next door, the former Overland Cafe is undergoing a complete transformation into elevated dining and boutique retail, further enhancing energy, foot traffic and long-term desirability for this block. The property also offers proximity to Downtown Culver City's top restaurants and entertainment, Platform Culver City, the Amazon Studios campus at The Culver Steps, Sony Pictures Studios, Apple offices, HBO and numerous creative and technology employers. Access to the Expo Line and both the 10 and 405 freeways further strengthens mobility and long-term rental demand. With its luxury level renovation, modern systems and an exceptional position in a Westside submarket experiencing meaningful growth and reinvestment, 10714-10720 Charnock Road stands out as a boutique offering ideal for investors seeking a premium product in a superior location.

Listing Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 12/05/2025

Co-Listing Agent

Don Favia

Realty Investment Advisors, Inc. License #01841258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,535

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,290 Sq Ft Lot

Interior Spaces

  • 2,598 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Air Conditioning
  • Tankless Water Heater

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4252-033-015

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,535

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2598
  • Lot Acreage: 0.1444
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 1
  • Year Built: 2024
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven-Gas, Microwave
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Remodeled, Shower Over Tub
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Refrigerator, Microwave, Dishwasher, Stackable W/D Hookup
  • Price Per S Q F T: 767.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 22.26
  • Assessed Improvement Value: 344496
  • Assessed Land Percent: 77.74
  • Assessed Land Value: 1203008
  • Total Assessed Value: 1547504
  • Assessor Parcel Number: 4252-033-015
  • Lot Size Area: 6290

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.63
  • Number Of Units: 5
  • Rent Control: 60
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,535 $1,547,504 $1,203,008 $344,496
2024 $18,535 $1,517,162 $1,179,420 $337,742
2023 $18,178 $1,487,415 $1,156,295 $331,120
2022 $17,333 $1,458,251 $1,133,623 $324,628
2021 $17,122 $1,429,659 $1,111,396 $318,263
2020 $3,668 $279,122 $185,721 $93,401
2019 $3,532 $273,650 $182,080 $91,570
2018 $3,447 $268,285 $178,510 $89,775
2016 $3,286 $257,869 $171,579 $86,290
2015 $3,240 $253,996 $169,002 $84,994
2014 $3,272 $249,022 $165,692 $83,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $1,995,000 -- $768 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Grant Deed $1,415,000 Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,275,000 New Conventional
Previous Owner $883,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25625971

The MLS

APN: 4252-033-015