For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,198 sqft
Price per Sqft $347
MLS Listing ID 23-289303
Sold Date 08/18/23
Bedrooms 16
Year Built 1970
Lot Size 7,403 Sqft
Acres 0.1699
Property Sub-Type Multi-Family
Property Description
10930 Palms Blvd. is a 10 unit multi-family property in a prime Palms location on the corner of Palms Blvd. & Veteran Ave. The subject property which was constructed in 1970 is located adjacent to Culver City, north of Venice Blvd. and west of Overland. The property has an excellent unit mix of (2) studio, (2) 1 BR + 1 Bath, (2) 2 BR + 1 Bath & (4) 2 BR + 2 bath units. The property is a quintessential value-add opportunity with the current rents well below market. This ALL ELECTRIC property is a large two story building of approximately 9,188 SqFt. The size of the lot is approximately 7,407 SqFt and is zoned LAR3. The soft story work for the tucked under parking has already been completed. This large 10 unit multi-family asset will pay long-term dividends to any savvy multi-family investor.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Radiant
Cooling Wall Unit(s)
Equipment Dishwasher
Exterior
Parking Features Above Street Level
Garage Spaces 14.0
Building
Story 2
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

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 Miller & Desatnik Realty Co.
GET MORE INFORMATION
Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891