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Playa Del Rey Multi-Family Opportunity

332 Culver Blvd, Playa Del Rey, CA 90293
Available Now
46 views
FOR SALEMultifamily / Apartments Building
Cap Rate
4.49%
NOI
$118,648
Building Size
5,368SF
Parking Info
6
APN
4116-009-053
Lot Size
4069SF
Listing Contacts
Senior Vice President

More property details

Year Built
1972
Occupancy
100%
Currently Leased
No
Broker Co-op
Yes
No of Buildings
1
No of Stories
3
Units
5

Location

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Playa Del Rey Multi-Family Opportunity
About the location

Realty Investment Advisors is proud to present 332 Culver Blvd & 363 Pershing, a distinctive five-unit multifamily property with an additional non-conforming income unit, ideally situated in the heart of Playa del Rey.

This offering stands out in one of the Westside’s most sought-after coastal communities, just moments from the beach, lagoon, and surrounding natural open space that define the area’s laid-back character. The neighborhood blends a relaxed seaside lifestyle with close proximity to Marina del Rey, Silicon Beach, and major employment hubs, making it both unique and highly desirable for residents.

The property includes five well-designed units with a diverse mix: a spacious 2,000+ SF two-bedroom, three-and-a-half-bath residence, two two-bedroom units with one-and-a-half baths, and two one-bedroom units with one-and-a-half baths. In addition, a separately leased non-conforming unit provides supplemental income.

Units feature practical layouts and tasteful upgrades, with some offering private balconies. A standout upper-level residence includes a private rooftop deck with expansive views—an uncommon amenity for a property of this size and especially appealing for an owner-user seeking a lifestyle component.

Additional highlights include separately metered electricity, on-site laundry, secured at-grade parking, and partial plumbing updates. The property has been well maintained, offering a straightforward and rewarding ownership experience.

332 Culver Blvd & 363 Pershing present a rare opportunity to acquire a truly one-of-a-kind multifamily asset in Playa del Rey, combining stable in-place income with a coastal setting that is increasingly difficult to replicate. Opportunities of this caliber—particularly at this scale and location—are limited.

Location highlights
  • Rare Playa del Rey multifamily opportunity
  • Five legal units plus one non-conforming unit
  • Prime coastal Westside location near beach and lagoon
  • Ideal for owner-user with lifestyle appeal
  • Private rooftop deck with scenic views
  • Updated interiors with coastal design elements
  • Diverse and character-rich unit mix
  • Separately metered electricity
  • Gated on-site parking
  • Highly desirable, supply-constrained location
Playa Del Rey Multi-Family Opportunity
5,368 SF · multifamily · United States · CA