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$ 4,599,000
Est. payment | /mo
13 Beds
15 Baths
$ 4,599,000
Est. payment | /mo
13 Beds
15 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25192797
Bedrooms 13
Property Sub-Type Res Income 2-4 Units
Property Description
2637 S Garth Avenue is a brand-new, NON-RENT-CONTROLLED 2025 luxury 6-unit community that is already 50% leased, ideally located on a quiet, tree-lined street near the Culver City border. This high-performing investment offers a strong projected 6.40% cap rate and minimal operating costs, with all units separately metered for electric and waterno gas on site. Comprised of three distinct buildings, the property features an impressive unit mix of four 3-bed/3-bath townhomes, one 3-bed/3.5-bath, and one 4-bed/4.5-bath uniteach offering expansive floorplans, premium finishes, and private in-unit laundry. The exterior boasts a striking architectural design that enhances curb appeal and tenant desirability. Fully electric and designed for long-term performance, 2637 S Garth includes 10 parking spaces (5 standard, 5 compact), drought-tolerant landscaping, and ultra-low maintenance infrastructure. Located in one of LAs most centrally connected neighborhoods, just minutes from Culver City, Beverlywood, Mar Vista, and Pico-Robertson, the property offers quick access to Venice Blvd shops, Ivy Station, Helms Bakery, and premier dining at Etta, Fathers Office, Bianca, and more. Quick freeway and Expo Line access puts Santa Monica, DTLA, and West Hollywood within easy reach. With SB-8 restricting future development, newly built luxury assets like this are becoming increasingly rare. 2637 S Garth is a standout opportunity for investors seeking a turnkey, high-income, low-expense property in a prime Westside location.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located on Garth St, South of the 10 Freeway
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5065009013
Listed by Cheyenne Womack Myunits.com Inc.