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Palms & Hollywood Portfolio | 117 Units

Hollywood, Los Angeles, CA, USA
Available Now
$29,150,000
33 views
FOR SALEMultifamily / Apartments Building
Building Size
103,176SF
APN
4213-002-009
Lot Size
1.84AC
Zoning
LAR3
Currently Leased
No
Units
117
Listing Contacts
Senior Managing Director Investments
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AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Duplex at 3944–3946 Huron Avenue in Culver City, California, offered as an owner-user opportunity with an estimated 10% rental upside. The Spanish-style property has two units of about 1,300 SF each and sits just south of Venice Boulevard and west of Culver Boulevard.

Each unit has an in-unit washer and dryer and separate gas and electric meters. The units share a rear yard with a shaded patio. Two detached bonus rooms and two individual rear garage spaces are also on site. The garages may allow garage-to-ADU conversions, subject to feasibility and approvals. The property is zoned LAR3 (APN 4213-002-009) and may qualify for 30-year fixed-rate residential financing, subject to lender requirements.

The 405 Freeway and nearby commercial corridors are close by. Downtown Culver City, Tellefson Park, Sony Pictures Studios, and local restaurants and shops are also nearby.

Why it works
  • Owner-user duplex with two units of about 1,300 SF each
  • Estimated 10% potential rental upside
  • Two detached bonus rooms and two rear garage spaces, with possible ADU conversion
  • In-unit washers and dryers, separate gas and electric meters
  • May qualify for 30-year fixed-rate residential financing
  • --
  • Note for review (not part of the public summary): The structured fields conflict with the narrative. They show an asking price of $29,150,000, 117 units, 103,176 SF, and a 1.84-acre lot, while the description is of a two-unit duplex. I left those four figures out rather than publish numbers that contradict each other. Please confirm which is correct before this goes live.
AI-generated. Verify figures, lease terms & zoning before relying on them.

Available Properties

Total: 9
Property Name / Address
Year Built
Individual Price
Condition

About this property

Marcus & Millichap is pleased to present a nine-property multifamily portfolio totaling 117 units across Palms, Hollywood, and Culver City. Offered individually or as a portfolio, the collection includes eight apartment properties and a Culver City duplex, with potential rental upside and ADU conversion opportunities, subject to feasibility and approvals. Eight of the nine properties are offered to the market for the first time by the original developer, excluding the Huron Avenue property.
For access to the entire listing, please visit: https://www.lamultifamilydeals.com/active-listings

Highlights
  • Prime Palms & Hollywood Location
  • Offered Individually or as a Portfolio
  • Approximately 30-85% Potential Rental Upside
  • 8 of 9 Properties Offered to Market for the First Time by the Original Developer's Family
  • 4 Palms Buildings on the Same Block with Other Portfolio Properties Nearby
  • Additional Capital Improvements Include New Electrical Subpanels, Copper Re-Piping, and Soft-Story Retrofits Completed for 7 Properties

Location & transit

Palms & Hollywood Portfolio | 117 Units
Getting around

Transit/Subway

Buses

Commuter Rail

Airport

Transit data provided by Google. Times and distances are estimates.

Documents

FILE
Palms Hollywood Portfolio Flyer.pdf
1.87 MB · Listing document
Palms & Hollywood Portfolio | 117 Units
103,176 SF · multifamily · Los Angeles · CA
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