$3,850,000
PENDING

Estimated payment $24,363/month

Total Views 494
23 Beds
23 Baths
12,556 Sq Ft
$307 Price per Sq Ft

Highlights

  • Gated Parking
  • Spanish Architecture
  • Laundry Room
  • Venice High School Rated A
  • Air Conditioning
  • Heating Available

About This Home

An exceptional investment opportunity featuring a well-maintained 12-unit apartment building, with 8 recently remodeled units offering modern finishes and strong rental appeal. Located just minutes from vibrant downtown Culver City, this asset is perfectly positioned in a high-demand rental market. It has significant upside potential and is not subject to LA City rent control. The building has large, spacious apartments and a diverse mix of 1 and 2 bedrooms, including three unique units with extra lofts. Additionally, the property features 23 gated parking spaces in a semi-subterranean garage and an on-site laundry room. Drive by only. DO NOT DISTURB TENANTS. Inside with accepted offer. *Unit 103 is currently vacant. Rent is based on recently rented Unit 104 with the same floor plan. **Square footage and other information concerning the conditions or features of the property are deemed reliable but not guaranteed and must be verified by buyer.

Listing Agent

Andrew Halff

Centennial Real Estate License #01713518 Listed on: 07/25/2025

Co-Listing Agent

Simon Halff

Centennial Real Estate License #01400534

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 9,829 Sq Ft Lot

Home Design

  • Spanish Architecture
  • Split Level Home

Interior Spaces

  • 12,556 Sq Ft Home
  • 2-Story Property
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 23 Bathrooms

Parking

  • 23 Parking Spaces
  • Gated Parking

Utilities

  • Air Conditioning
  • Heating Available

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4252-007-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: An exceptional investment opportunity featuring a well-maintained 12-unit apartment building, with 8 recently remodeled units offering modern finishes and strong rental appeal. Located just minutes from vibrant downtown Culver City, this asset is perfectly positioned in a high-demand rental market. It has significant upside potential and is not subject to LA City rent control. The building has large, spacious apartments and a diverse mix of 1 and 2 bedrooms, including three unique units with extra lofts. Additionally, the property features 23 gated parking spaces in a semi-subterranean garage and an on-site laundry room. Drive by only. DO NOT DISTURB TENANTS. Inside with accepted offer. *Unit 103 is currently vacant. Rent is based 104. **SF and other information concerning the conditions or features of the property are deemed reliable but not guaranteed & must be verified buyer
  • Living Area: 12556
  • Lot Acreage: 0.2256
  • Stories: 2
  • Year Built: 1985
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 23
  • Total Bathrooms: 23.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 306.63

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 23

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Land Percent: 80
  • Assessor Parcel Number: 4252-007-027
  • Lot Size Area: 9829

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 12.01
  • Number Of Units: 12
  • Total Annual Expense: 123210
  • Type Of Units: Residential
  • Vacancy Rate: 1 unit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $3,850,000 -- $307 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25569991

The MLS