$2,550,000
About this home
7-UNIT MULTIFAMILY ASSET FULLY LEASED! | MID-CITY| 6% CAP RATE FULLY RENOVATED + NEW CONSTRUCTION ADUS We are pleased to present this exceptional 7-unit multifamily investment opportunity, thoughtfully repositioned with a complete renovation and the addition of two newly constructed ADU units. The property is 100% leased at market rents, offering investors immediate, stabilized cash flow at an attractive 6% cap rate. Located in the heart of Mid-City, between Picfair Village and the thriving Culver Arts District, the property benefits from proximity to major employment and lifestyle hubs including Culver City Art’s District, Ivy Station, and the Culver Steps—home to industry leaders such as Amazon Studios, Sony Pictures, HBO, and Beats Electronics. This dynamic growth corridor continues to attract high-income tenants, driving strong rental demand and consistent rent growth. The unit mix includes a fully renovated single-family style residence, four extensively upgraded 1-bedroom/1-bath units, and a brand-new duplex ADUs—creating a highly desirable blend of housing options that appeal to a wide tenant base. All units feature modern finishes, updated systems, and efficient layouts designed to maximize rental income and minimize ongoing maintenance. This is a rare opportunity to acquire a turnkey, low-maintenance asset in one of Los Angeles’ most rapidly evolving and high-demand rental submarkets. The property features drought tolerant landscaping, parking, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property.
Facts & features
- Interior features
- Ceiling Fans, Recessed Lighting
- Appliances
- Six Burner Stove, Dishwasher, Energy Star Qualified Appliances, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
- Flooring
- Laminate
- Fireplace
- None
- Heating
- Central, Energy Star Qualified Equipment
- Cooling
- Central Air, Energy Star Qualified Equipment, Wall Window Units
- Laundry
- Common Area, Inside, Laundry Closet, Laundry Room, Stacked
- Levels
- One, Two
- Spa
- None
- Lot size
- 0.146 acres (6,339 sq ft)
- Pool
- None
- Year built
- 1939
- New construction
- Yes
- Parking
- Attached Carport, Assigned
- Parking spaces
- 2
- Area
- C 16 - Mid Los Angeles
- County
- Los Angeles
- Community features
- Street Lights, Sidewalks
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 65
- Listed
- 2026-05-20
- Original price
- $2,640,000
- Terms
- Submit
- Parcel #
- 5064023003
- MLS #
- PW26109831