10958 Venice Blvd, Culver City, CA 90232

Description

VACANT 2 BR + 1 BA OWNERS UNIT!!!! 10958 Venice Blvd presents a rare opportunity to acquire a well-maintained 4-unit multifamily property located in a prime West Los Angeles / Culver City location with tremendous future upside through ADU development potential. Built in 1954, the property consists of 2,871 square feet situated on a 4,975 square foot lot and is offered at $1,700,000, equating to $425,000 per unit and $592 per square foot. The property currently operates at an attractive 4.77% cap rate with a 13.69 GRM, providing stable in-place income while offering substantial value-add potential for a new owner.The property is ideal for both investors and owner-users, f...