5439 Kinston Ave - Apartments FOR SALE


Culver City, CA 90230- Blanco
$1,595,000 USD
707-332-5204
5439 Kinston Ave, Culver City, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/16
null | 4.37% Cap Rate

5439 Kinston Ave
Culver City, CA 90230
Blanco


HIGHLIGHTS

  • Four spacious 2+1 units, each approximately 775-square-feet, with access to detached garages
  • One unit will be delivered vacant and rent ready
  • Detached garage spaces offer immediate income potential through separate rental or storage leases
  • Garage spaces allow for possible ADU conversion to increase unit count and maximize ROI (buyer to verify)
  • Current rents offer 20%+ upside through strategic lease-up and repositioning, presenting a long-term growth opportunity
  • Located within Culver City’s award-winning school district, close to West LA College and employers including Sony, Apple, HBO and TikTok

OVERVIEW

5439 Kinston Ave features four spacious 2+1 units, each approximately 775 square feet, with access to detached garage spaces offering immediate income potential through separate rental or storage leases. One unit will be delivered vacant and rent-ready, providing an opportunity for a buyer to quickly capture upside. The detached garages also present potential for future ADU conversion, allowing for additional unit count and enhanced value creation (buyer to verify). Current rents offer 20%+ upside through strategic lease-up and repositioning, creating a compelling long-term growth opportunity. Ideally situated with convenient access to the 405 freeway and the Westside, the property benefits from its location within Culver City’s award-winning school district and proximity to West LA College, as well as major employers including Sony, Apple, HBO, and TikTok.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$515 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

4.37%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,718 SF

ZONING

CCR4*

APN/PARCEL ID

4203-005-009

ASK ABOUT THIS PROPERTY

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707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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