2637 S Garth Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$4,599,000 USD
213-302-8662
2637 S Garth Ave, Los Angeles, CA for Sale
$4,599,000 USD
Apartments - FOR SALE
1/45
null | 6.4% Cap Rate

2637 S Garth Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • NO RENT CONTROL!
  • ALREADY 50% LEASED!
  • Outstanding projected cap rate of 6.40%! Cash cow.
  • Thoughtfully designed units with premium floorplans.
  • Ideal unit mix of 4 bedrooms and 3 bedrooms. High income producing property!
  • All units separately metered for electric AND water (no gas on property)! Very low expenses!

OVERVIEW

The 5+ Unit Specialists are pleased to present 2637 S Garth Avenue, a brand-new, NON-RENT-CONTROLLED 2025 luxury 6-unit community that is already 50% leased, ideally located on a quiet, tree-lined street near the Culver City border. This high-performing investment offers a strong projected 6.40% cap rate and minimal operating costs, with all units separately metered for electric and water—no gas on site. Comprised of three distinct buildings, the property features an impressive unit mix of four 3-bed/3-bath townhomes, one 3-bed/3.5-bath, and one 4-bed/4.5-bath unit—each offering expansive floorplans, premium finishes, and private in-unit laundry. The exterior boasts a striking architectural design that enhances curb appeal and tenant desirability. Fully electric and designed for long-term performance, 2637 S Garth includes 10 parking spaces (5 standard, 5 compact), drought-tolerant landscaping, and ultra-low maintenance infrastructure. Located in one of LA’s most centrally connected neighborhoods, just minutes from Culver City, Beverlywood, Mar Vista, and Pico-Robertson, the property offers quick access to Venice Blvd shops, Ivy Station, Helms Bakery, and premier dining at Etta, Father’s Office, Bianca, and more. Quick freeway and Expo Line access puts Santa Monica, DTLA, and West Hollywood within easy reach. With SB-8 restricting future development, newly built luxury assets like this are becoming increasingly rare. 2637 S Garth is a standout opportunity for investors seeking a turnkey, high-income, low-expense property in a prime Westside location.

FOR SALE DETAILS

PRICE

$4,599,000 USD

PRICE/SF

$559 USD /SF

# OF UNITS

6

PRICE/UNIT

$766,500

CAP RATE

6.4%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Luxury, 2025 Const. 6-Unit Culver City Adj.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,503 SF

ZONING

LAR3

APN/PARCEL ID

5065-009-013

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.com IncMore Info
213-302-8662

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Lauren CearleyMyunits.com IncMore Info
213-302-8662

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