10054 Culver Blvd - Apartments FOR SALE


Culver City, CA 90232- Park East
$6,500,000 USD
213-943-1897
10054 Culver Blvd, Culver City, CA for Sale
$6,500,000 USD
Apartments - FOR SALE
1/13
null | 5.45% Cap Rate

10054 Culver Blvd
Culver City, CA 90232
Park East


HIGHLIGHTS

  • Situated across from Sony Pictures Studios and surrounded by world-class shopping, dining, museums, theaters, and job hubs throughout Culver City
  • A rare opportunity for investors in Culver City, a market where the average transaction size is 11 units over the last five years
  • Owned & operated for the last 17 years
  • All commercial tenants have a long and stable operating history
  • Only 16.9% of multi-family buildings are 18 units or more in the 90232 zip code
  • All residential units have been upgraded with new flooring, granite countertops, stainless steel appliances, tiled bathrooms, new cabinets and more

OVERVIEW

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 19-unit (16 residential & 3 commercial) mixed-use building located at 10054 Culver Boulevard, Culver City. The subject property is located just south of Washington Boulevard and east of Overland Avenue, within walking distance to Downtown Culver City. Culver City is a vibrant and centrally positioned neighborhood known for its rich film and television history, walkable downtown, and thriving arts and culinary scenes. The area boasts top-rated schools, a mix of charming historic homes and modern developments, and some of strongest employment drivers in the city. Its revitalized downtown features trendy restaurants, art galleries, and live entertainment, contributing to its appeal as one of LA’s most desirable places to live and invest. Situated on an 8,133 square foot parcel, the property is comprised of one studio, 14 junior one-bedroom units, one two-bedroom unit, and three commercial spaces. The property has remaining rental upside through tactful interior improvements. Common area amenities include 10 on-site parking spaces and an on-site laundry facility. A standout commercial tenant is Super Domestic Coffee, a community-focused café known for its cycling theme and high-quality, house-roasted coffee—popular among locals and visitors alike. Located on the Westside, Culver City is one of the most sought-out rental markets in Los Angeles. Given the prime location, mixed-use component, & remaining value add potential, 10054 Culver Boulevard is a great opportunity to provide investors with stable returns and long-term appreciation potential. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$754 USD /SF

# OF UNITS

19

PRICE/UNIT

$342,105

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A 19-Unit Mixed-Use Building in Culver City

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,133 SF

ZONING

C3, Culver City

APN/PARCEL ID

4207-010-005

ASK ABOUT THIS PROPERTY

Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.