Property listed by Realty Investment Advisors, Inc., Benjamin J. Hsiang
$1,995,000
We are pleased to present 10714-10720 Charnock Road, a fully renovated five unit bungalow-style apartment community positioned in one of the most desirable pockets of the Palms and Culver City corridor offered at a 5.67% CURRENT CAP RATE. Completed in 2024, the property has undergone an extensive, top-to-bottom redevelopment that… Read More blends three fully renovated front units (originally constructed in 1952) with two NEW CONSTRUCTION rear units placed into service in 2024. Both new construction units are NOT subject to rent control. Each residence features luxury vinyl plank or hardwood flooring, elegant quartz countertops, custom cabinetry, stainless steel appliances, in-unit brand name laundry equipment, designer lighting and mini split HVAC systems. The bungalow-style layout promotes privacy and a residential feel rarely found in this submarket. Kitchens and baths have been comprehensively updated, and major building systems including electrical, plumbing, windows and doors were replaced during the redevelopment. Exterior areas were thoughtfully redesigned with new drought tolerant landscaping, newly poured walkways, curated greenery, modern fencing and four dedicated off-street open air parking spaces, creating a refined environment with minimal near-term maintenance requirements. The immediate surroundings at Charnock Road and Overland Avenue continue to evolve into a notable dining and lifestyle district anchored by acclaimed restaurants such as n/naka, Phorage, Lobster & Beer, Burrata House and the long-established Versailles Cuban restaurant. Directly next door, the former Overland Cafe is undergoing a complete transformation into elevated dining and boutique retail, further enhancing energy, foot traffic and long-term desirability for this block. The property also offers proximity to Downtown Culver City's top restaurants and entertainment, Platform Culver City, the Amazon Studios campus at The Culver Steps, Sony Pictures Studios, Apple offices, HBO and numerous creative and technology employers. Access to the Expo Line and both the 10 and 405 freeways further strengthens mobility and long-term rental demand. With its luxury level renovation, modern systems and an exceptional position in a Westside submarket experiencing meaningful growth and reinvestment, 10714-10720 Charnock Road stands out as a boutique offering ideal for investors seeking a premium product in a superior location. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
5
Square Ft.
2,598
Lot Size
0.14 Acres
Year Built
2024
MLS Number
25625971
Additional Details
Appliances & Equipment
Dishwasher, GasOven, Microwave, Refrigerator
Building
Built in 2024, Living area: 2598.0, 2 buildings, 1 storey, Levels: One
Income
Gross Income: $157,956, Net Operating Income: $113,030
Laundry
Stacked
Lot
0.1444 acres
Parking
4 total parking spaces, Assigned
Property
UpdatedRemodeled
Taxes
Parcel Number: 4252033015, Zoning: LAR3
Tenant Pays
Electricity, Gas
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
