4620 S Slauson Ave - Apartments FOR SALE


Culver City, CA 90230
$10,500,000 USD
310-486-9900
4620 S Slauson Ave, Culver City, CA for Sale
$10,500,000 USD
Apartments - FOR SALE
1/17
null | 5.07% Cap Rate

4620 S Slauson Ave
Culver City, CA 90230


HIGHLIGHTS

  • PRIME INVESTMENT - Rentable SF of 20,043, this stabilized apartment building presents an excellent opportunity for investors with stable cash flow
  • SECURE MODERN LIVING - Fully renovated 28-unit apartment building featuring 14 1-bed and 14 2-bed units in a private gated community
  • MODERN LUXURY INTERIORS - Fully renovated and feature modern finishes, including built-in G.E./ Hotpoint electric appliances, quartz counters
  • CONVENIENT AMENITIES - Building includes onsite manager, laundry room, 30 covered parking spaces, and additional storage options.
  • Turnkey investment opportunity with sleek finishes, premium amenities, and consistent cash flow potential.

OVERVIEW

Marcus & Millichap is proud to present a rare investment opportunity in the highly sought-after Culver City market. This 28-unit apartment building is located at 4620 S Slauson Ave, Los Angeles, CA 90230, in a convenient location near Downtown Culver City and the 405 freeway. The building, built in 1988, features 14 one-bedroom units and 14 two-bedroom units, making it an ideal option for a variety of tenants. The units are fully renovated and feature modern finishes, including built-in G.E./ Hotpoint electric appliances, quartz countertops, upgraded flooring, and central air conditioning and heat with a Nest thermostat. The 2-bedrooms conveniently feature a washer & dryer in each unit. The building also includes an on-site manager, a laundry room, 30 covered parking spaces, and additional storage options. With a rentable SF of 20,043 and a lot size of 22,525 SF, this stabilized apartment building presents an excellent opportunity for investors to acquire a stabilized property with consistent cash flow and predictable appreciation. The Culver City market offers an appealing mix of urban energy and neighborhood charm, making it an ideal place to live. Its central location in Los Angeles provides easy access to major job hubs, beaches, and cultural landmarks, while the city itself boasts a walkable downtown with top-notch dining, shopping, and entertainment options. Known as the historic home of major film studios, including Sony Pictures, the area blends old Hollywood charm with modern vibrancy. Its thriving arts district features contemporary galleries, theaters, and creative spaces, while the downtown area is packed with trendy restaurants, craft breweries, and boutique shops. Located in the heart of downtown Culver City, the Culver City Farmers Market is a vibrant, weekly gathering that showcases fresh, locally grown produce, artisanal goods, and a diverse array of prepared foods. It brings together farmers, food vendors, and the community every week. Culver City’s walkable streets, lively energy, and community-focused events make it a standout destination in LA.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$524 USD /SF

# OF UNITS

28

PRICE/UNIT

$375,000

CAP RATE

5.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forty6Twenty Apartments | 28 Renovated Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,525 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4217-020-041

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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Robert NarchiMarcus & MillichapMore Info
310-486-9900

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