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Key Details
Sold Price $3,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,694 sqft
Price per Sqft $500
MLS Listing ID 22-125725
Sold Date 04/08/22
Bedrooms 10
Construction Status Updated/Remodeled
Year Built 1966
Lot Size 7,044 Sqft
Acres 0.1617
Property Sub-Type Multi-Family
Property Description
The "Culver Palms 10", is a meticulously maintained, turn-key, value-added 10 unit multifamily asset located on 10876 Palms Blvd., Los Angeles, CA 90034. The building is composed of eight (1 + 1), one (2 + 1) and one (0+1) studio units which are nearly all fully improved and modernized. Several units have rental upside potential with turnover. Additionally, the property features designer exterior paint with a highly visible custom mural, upgraded and well maintained common area, secure entry, off street parking for each unit and alley access. System upgrades include copper plumbing, recent seismic soft story retrofit, and dual pain windows. Given the prime westside location, turn-key condition, upside potential and low interest rates available today, qualified investors looking to build a generational WLA portfolio should take action today!
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Flooring Bamboo, Hardwood
Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
Laundry Laundry Area, In Unit
Exterior
Parking Features Garage Is Attached, On street
Garage Spaces 10.0
Building
Lot Description 5 + Lots
Story 2
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Kidder Mathews of California, Inc.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891