3736 Westwood Blvd 7 Unit Apartment Building $2,075,000 ($296,429/Unit) 5.06% Cap Rate Los Angeles, CA 90034

This 7-unit apartment building is located in the highly desirable Palms neighborhood, adjacent to Culver City—one of Los Angeles’ most dynamic and rapidly evolving submarkets. Positioned along a major corridor with convenient access to the Westside, the property benefits from strong rental demand driven by proximity
to major employment hubs, retail, and entertainment. The property features an excellent and diverse unit mix, including one bachelor + 1 bath unit, one 1- bedroom + 1 bath unit, one 2-bedroom + 1 bath unit, three 2-bedroom + 1 bath townhome-style units, and one 3-bedroom + 2 bath unit. This configuration caters to a wide tenant base, from individuals to families, enhancing long-term leasing flexibility. The building offers significant upside potential for an investor seeking a value-add opportunity. Several units are currently rented at below-market rates, and four units are vacant—providing immediate ability to renovate and lease at current market rents. A buyer has a clear path to increasing income and overall asset value through strategic improvements and interior unit upgrades. Additionally, there may be an opportunity to convert the existing garage space into an ADU, which could further enhance rental income. Located just minutes from downtown Culver City, the property is near a wide array of dining, retail, and entertainment options, as well as major employers including Apple, Amazon, Sony, and HBO. The surrounding area continues to benefit from ongoing development and strong tenant demand, making this a compelling investment in a high-growth location. Overall, 3736 Westwood Blvd represents a rare opportunity to acquire a well-located multifamily asset with meaningful rental upside in one of Los Angeles’ most sought-after rental markets.