$1,675,000
SOLD DEC 10, 2025
8 Beds
7 Baths
5,193 Sq Ft
5,199 Sq Ft Lot Lot

Sale Details

Date Sold: December 10, 2025

$323 Per Sq Ft

7% Below List Price

25 Days on Market

Highlights

  • Air Conditioning
  • Recessed Lighting
  • Heating Available
  • Palms Middle School Rated A-

About This Home

As of December 2025

THE OFFERING - Situated in a prime Culver City location adjacent to Mar Vista and Palms, this well-maintained 5-unit multifamily property offers both stability and meaningful upside potential. The building features a desirable unit mix of (3) one-bedroom/two-bathroom units, (1) two-bedroom/two-bathroom unit, and (1) expansive three-bedroom/two-bathroom owner's unit of approximately 1,900 square feet, complete with two private garages and in-unit laundry. This turnkey asset delivers an immediate 6% Cap Rate, providing investors with strong in-place income from day one, along with additional upside through rent growth and targeted renovations. Recent capital improvements include a new roof, upgraded electrical subpanels, and a completed seismic retrofit, mitigating near-term capital expenditure requirements while enhancing long-term durability. Several apartments have been tastefully updated with granite countertops, recessed lighting, and vinyl plank flooring, further increasing their tenant appeal. The property is positioned within a highly walkable neighborhood, boasting a Walk Score of 94+, and providing residents convenient access to premier dining, shopping, entertainment, and major employment hubs throughout West Los Angeles and Century City. With immediate cash flow, value-add potential, and flexibility for both investors and owner-users, this offering represents a rare opportunity to acquire a prime, income-generating asset in one of Los Angeles' most competitive rental markets.

Last Agent to Sell the Property

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 09/12/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 09/12/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,199 Sq Ft Lot

Parking

  • 5 Car Garage
  • On-Street Parking

Interior Spaces

  • 5,193 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Utilities

  • Air Conditioning
  • Heating Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4208-009-065

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

5,199 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Living Area: 5193
  • Lot Acreage: 0.1194
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 327.36

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 5
  • Other Spaces: 5
  • Covered Parking: 5
  • Parking Garage: Above Street Level
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 28.57
  • Assessed Improvement Value: 180809
  • Assessed Land Percent: 71.43
  • Assessed Land Value: 452041
  • Total Assessed Value: 632850
  • Assessor Parcel Number: 4208-009-065
  • Lot Size Area: 5199

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.63
  • Number Of Units: 5
  • Type Of Units: 1,2,3
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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 List to Sale Price per Sq Ft
04/05/2026 04/05/26 Off Market $4,195 -- --
01/27/2026 01/27/26 Price Changed $4,195 -6.7% $2 / Sq Ft
01/01/2026 01/01/26 Price Changed $4,495 -4.3% $2 / Sq Ft
12/19/2025 12/19/25 For Rent $4,695 0.0% --
12/10/2025 12/10/25 Sold $1,675,000 -1.5% $323 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/03/2025 10/03/25 Price Changed $1,700,000 -5.6% $327 / Sq Ft
09/12/2025 09/12/25 For Sale $1,800,000 -- $347 / Sq Ft
Source: The MLS

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 25591581

The MLS
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