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10958 Venice Boulevard

Culver City, CA 90232
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Bed 6

Bed

Bath 0

Bath

SqFt2,871

Sqft

SqFt4,975

Sqft(Lot)

VACANT 2 BR + 1 BA OWNERS UNIT!!!! 10958 Venice Blvd presents a rare opportunity to acquire a well-maintained 4-unit multifamily property located in a prime West Los Angeles / Culver City location with tremendous future upside through ADU development potential. Built in 1954, the property consists of 2,871 square feet situated on a 4,975 square foot lot and is offered at $1,700,000, equating to $425,000 per unit and $592 per square foot. The property currently operates at an attractive 4.77% cap rate with a 13.69 GRM, providing stable in-place income while offering substantial value-add potential for a new owner.The property is ideal for both investors and owner-users, featuring unit 10964, a 2-bedroom + 1-bath unit, delivered vacant. This provides an excellent opportunity for an owner-us er to immediately occupy the unit while benefiting from rental income from the remaining units, or for an investor to capture additional rental upside in a highly desirable Westside rental market. Additionally, unit 10960 is part of the Culver City Rental Assistance Program, providing stable supplemental rental income.A major highlight of the property is the existing rear garage and carport area, which presents a tremendous opportunity for future ADU development. A new owner may have the ability to add additional rental units (buyer to verify with the City of Los Angeles), creating meaningful long-term income growth and increased property value. With California's continued support for ADU expansion and the strong demand for rental housing throughout the Westside, this represents an exceptional investment opportunity rarely found in such a premier location.Ownership has completed approximately $145,030 in capital improvements over the years, demonstrating a strong commitment to maintaining and upgrading the asset. Notably, 3 of the 4 units have been remodeled, helping minimize deferred maintenance concerns while enhancing tenant appeal and long-term investment stability. Improvements include extensive unit remodels, balcony improvements, electrical upgrades, sewer improvements, exterior repainting, kitchen remodeling, multiple water heater replacements, artificial turf installation, and additional building system upgrades.Ownership also installed low-maintenance artificial turf landscaping, significantly reducing operating expenses by eliminating the need for ongoing gardening service while maintaining attractive curb appeal.Ideally situated near the intersection of Venice Blvd and Sepulveda Blvd, the property offers convenient access to Downtown Culver City, Sony Studios, Venice Beach, Santa Monica, Marina del Rey, Century City, and major employment hubs throughout Los Angeles' Westside. Residents enjoy close proximity to shopping, dining, public transportation, and major freeway access, making the property highly attractive to tenants seeking a central Westside location.10958 Venice Blvd is an ideal opportunity for an owner-user or investor seeking stable cash flow today with exceptional long-term upside through ADU expansion and continued rental growth in one of Southern California's strongest multifamily submarkets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,595,000

AD Id : 79023471

MLS Id : 26837219

Beds : 6

Lot Size : 4,975 Sqft

Living Area Size : 2,871

Year Built : 1954

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4
  • Interior Features

    Appliances: Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace

  • Building Information

    Year Built: 1954
    Building Area Total: 2871
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 4975 Lot Size Acres: 0.1142 Lot Size Square Feet: 4,975

  • Listing Price Information

    Listing Price: $1595000
    Original Price: $1700000

  • Tax Information

    Parcel Number: 4213001002

  • Location Information

    Direction: Ideally located near the intersection of Venice Blvd and Overland Ave
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Nearby Home Value

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3552 Schaefer Street, Culver City, CA, 90232 $1,999,000 3 2 1,531 1,531 SqFt
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6010 Wright Terrace, Culver City, CA, 90232 $2,389,000 3 3 2,369 2,369 SqFt
6030 Wright Terrace, Culver City, CA, 90232 $2,200,000 3 3 2,340 2,340 SqFt
3556 Helms Avenue, Culver City, CA, 90232 $1,499,000 2 2 1,234 1,234 SqFt
8595 Higuera Street, Culver City, CA, 90232 $1,799,000 5 3 1,784 1,784 SqFt
8597 Higuera Street, Culver City, CA, 90232 $1,799,000 5 3 1,784 1,784 SqFt
8906 Hubbard Street, Culver City, CA, 90232 $4,998,000 6 5 4,255 4,255 SqFt
9051 Lucerne Avenue, Culver City, CA, 90232 $3,490,000 7 6 3,800 3,800 SqFt
4241 Lincoln Avenue, Culver City, CA, 90232 $1,550,000 3 3 1,488 1,488 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/18/2026 @ 04:06

MLS: 26837219 LISTED BY: David Miller, Miller & Desatnik Realty Co. 310-202-9166 SOURCE: CRMLS

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