11729 W Washington Blvd Immeuble residentiel 4 lots 1 093 713 € (273 428 €/Lot) Los Angeles, CA 90066

Douglas Elliman Commercial is proud to present an exceptional investment opportunity with outstanding value-add upside potential in this four (4 )unit multi-family property situated on a highly desirable corner lot in a coveted area of Culver City with strong and consistent rental demand. Boasting a classic mid-century architecture and featuring an excellent unit mix of two (2) spacious two (2) bedroom units and two (2) generously sized one (1) bedroom units.
Privately owned and family-operated for more than 30 years, the sale is solely prompted by an unexpected and recent family member passing. * Typical income/expense records are not available for this property as it has been under managed for some time which provides a new owner an opportunity to optimize the potential inefficiencies in management operations and increase annual revenue.

UNIT A, a one (1) bedroom unit is vacant, UNIT C, also a one (1) bedroom unit is expected to be vacant 8/31/25 and UNIT D, a two (2) bedroom unit is expected to be vacant at the end of August. One (1) of the two (2) bedroom units is in a LONG TERM LEASE for $325.00 per month to a family member. The Asking Price is reflective of this. The other rents are below market; providing a clear path for revenue growth through rental adjustments. An experienced investor could reposition the asset to achieve a strong and favorable cash flow.
This property is prime for a savvy buyer who recognizes its untapped potential; can implement strategic improvements, and unlock significant value in a high-demand market.