11970 Aneta St - Apartments FOR SALE


Culver City, CA 90230
$1,595,000 USD
310-849-8151
11970 Aneta St, Culver City, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/9
null | 4% Cap Rate

11970 Aneta St
Culver City, CA 90230


HIGHLIGHTS

  • Stable Income Property with Significant Long-Term Upside
  • Well Positioned in a High-Demand Rental Submarket
  • Large Lot with Attractive Future Redevelopment/ ADU Potential (Buyer to Verify)
  • Desirable Rental Location Near Major Employment & Transit
  • Ideal Investement Opportunity for Investors Seeking Yield & Appreciation

OVERVIEW

We are proud to exclusively present 11970 Aneta Street, a very rare corner-lot fourplex multi-family investment opportunity located in the heart of Culver City, offering investors a compelling opportunity to acquire prime Westside real estate with significant upside potential at an attractive entry point. Exclusively offered by The Brody Group at $1,595,000, this boutique multi-family investment asset represents an ideal opportunity for a first-time multifamily investor, owner-user, or 1031 exchange buyer seeking long-term appreciation and income growth in one of Los Angeles' most dynamic rental markets. The property features an excellent unit mix of one 2BD/2BA, one 2BD/1BA, and two 1BD/1BA units, providing broad tenant appeal and flexibility. Positioned on a prominent corner parcel, the asset benefits from abundant natural light, enhanced privacy, and strong curb appeal attributes that consistently attract high-quality tenants. From an investment standpoint, the opportunity is clear. The property offers meaningful value-add potential through strategic interior renovations and rental repositioning, along with the ability to add an ADU via garage conversion (Buyer to Verify) creating a pathway to increase income, maximize density, and enhance long-term value. Located in the heart of Culver City, the property sits within immediate proximity to the Silicon Beach corridor, one of the fastest-growing employment hubs in the country. Major employers including Sony Pictures, Amazon MGM Studios, Apple, Google, and YouTube continue to expand their presence in the area, driving sustained rental demand and long-term appreciation. Residents enjoy a highly walkable, lifestyle-driven environment, with easy access to Downtown Culver City's top-tier dining, retail, and entertainment scene, as well as the coastal amenities of Marina del Rey and Playa del Rey. This unique combination of urban convenience and coastal proximity creates a true live-work-play setting that remains highly attractive to Westside renters. 11970 Aneta Street presents a rare opportunity to acquire a well-located, value-add fourplex in a premier Westside submarket offering immediate upside, long-term growth, and a highly attainable basis for entry into Culver City real estate. Investment Highlights: *Rare Opportunity to Acquire a Multifamily Asset in One of Los Angeles’ Most Supply-Constrained Rental Markets *Located in Highly Desirable Culver City Adjacent Neighborhood with Strong Tenant Demand and Long-Term Appreciation Potential *Minutes from Major Westside Employment Centers Including Downtown Culver City, Playa Vista, Century City & Santa Monica *Close Proximity to Major Tech & Media Employers Including Sony Pictures Entertainment, Apple, Amazon and HBO *Excellent Access to the 405 & 10 Freeways Along with Nearby Metro Rail Connectivity *Centrally Located Near Downtown Culver City’s Renowned Dining, Shopping & Entertainment Scene *Nearby Retail Includes Platform, The Culver Steps, Erewhon, Trader Joe's and Numerous Popular Restaurants, Coffee Shops & Fitness Studios *Positioned in a High Barrier-to-Entry Westside Submarket with Strong Historical Rent Growth *Attractive Price Relative to Other Westside Multifamily Opportunities *Significant Long-Term Upside Through Continued Rental Growth and Strong Area Fundamentals *Strong Appeal to Westside Professionals Seeking Proximity to Employment & Lifestyle Amenities *Stable Income Property Offering Both Cash Flow and Appreciation Potential *Ideal Opportunity for Investors Looking to Acquire a Well-Located Asset in a Premier Los Angeles Rental Market

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$582 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11970 Aneta - Prime Westside Corner 4Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,016 SF

ZONING

LARD2

APN/PARCEL ID

4220-018-038

ASK ABOUT THIS PROPERTY

Dana BrodyMarcus & MillichapMore Info
310-849-8151

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Dana BrodyMarcus & MillichapMore Info
310-849-8151

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