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10720 Charnock Rd 5 Unité Immeuble d’habitation offert à 2 759 863 $ CAD à un 5,67% taux de capitalisation Los Angeles, CA 90034



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Extensive full property redevelopment completed in 2024 with renewed interiors and exteriors for the three front bungalow-style units
- Redesigned landscaping with newly poured walkways, curated greenery and modern perimeter fencing
- Designer kitchens and bathrooms with luxury vinyl plank or hardwood flooring in every residence
- Two NEW CONSTRUCTION units at the rear of the property placed in service in 2024 and NOT subject to rent control
- High end quartz counters, stainless steel appliances, in-unit laundry, and custom cabinetry throughout
- Mini split HVAC systems and updated electrical, plumbing, windows and doors
RÉSUMÉ DE L'ANNONCE
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 5.67% 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.
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.
BILAN FINANCIER (RÉEL - 2025) |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
218 515 $
|
84,11 $
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
6 556 $
|
2,52 $
|
| Revenu brut effectif |
211 959 $
|
81,59 $
|
| Taxes |
33 280 $
|
12,81 $
|
| Dépenses d’exploitation |
22 314 $
|
8,59 $
|
| Total des dépenses |
55 594 $
|
21,40 $
|
| Revenu net d’exploitation |
156 365 $
|
60,19 $
|
BILAN FINANCIER (RÉEL - 2025)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 218 515 $ |
| Annuel par pi² | 84,11 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | 6 556 $ |
| Annuel par pi² | 2,52 $ |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 211 959 $ |
| Annuel par pi² | 81,59 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | 33 280 $ |
| Annuel par pi² | 12,81 $ |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 22 314 $ |
| Annuel par pi² | 8,59 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 55 594 $ |
| Annuel par pi² | 21,40 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 156 365 $ |
| Annuel par pi² | 60,19 $ |
FAITS SUR LA PROPRIÉTÉ
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 5 | 3 618 $ CAD | 519 |
1 1
Walk Score®
Un paradis pour un marcheur (90)
Bike Score®
Très cyclable (80)
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