10930 Palms Boulevard, Los Angeles, CA 90034

About this property

10930 Palms Blvd. is a 10 unit multi-family property in a prime Palms location on the corner of Palms Blvd. & Veteran Ave. The subject property which was constructed in 1970 is located adjacent to Culver City, north of Venice Blvd. and west of Overland. The property has an excellent unit mix of (2) studio, (2) 1 BR + 1 Bath, (2) 2 BR + 1 Bath & (4) 2 BR + 2 bath units. The property is a quintessential value-add opportunity with the current rents well below market. This ALL ELECTRIC property is a large two story building of approximately 9,188 SqFt. The size of the lot is approximately 7,407 SqFt and is zoned LAR3. The soft story work for the tucked under parking has already been completed. This large 10 unit multi-family asset will pay long-term dividends to any savvy multi-family investor.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$3,200,000

Sold August 2023 · listed $3,325,000, on market July 2023 · MLS #23289303 · Source: CRMLS

Listing Agent: Errol Spiro · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Errol Spiro · Miller & Desatnik Realty Co.

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