10720 Charnock Rd 5 Unit Apartment Building $2,549,478 CAD ($509,896 CAD/Unit) 6.05% Cap Rate Los Angeles, CA 90034

*CALL FOR OFFERS! NOW TOURING!* Realty Investment Advisors presents 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 6.05% CURRENT CAP RATE. Completed in 2024, the property has undergone an extensive, top-to-bottom redevelopment that 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.