Culver City Fourplex
13007 Washington Blvd, Los Angeles, CA 90066
For Sale
Contact for pricing
Well-maintained fourplex with upgrade potential in prime location.
Property Size2,912 SF
Price / SF$616.41
Days on Market249
Property Features for 13007 Washington Blvd
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Occupancy
Investment Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Listing Agency:
Re/Max Alliance Group
Listed By:
Susan Rodriguez · License CA #01757344
(310) 678-5544
Source:
Crexi
Added: Mar 6
Changed: Oct 25
Last Checked: Nov 8 at 7:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Alliance Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fourplex presents a rare opportunity for investors or owner-users. Located along the western Culver City Redevelopment Corridor, the property is surrounded by Marina Del Rey, Playa Vista, Venice, and Santa Monica, and is adjacent to a residential single-family neighborhood. The 2,912 square foot property is situated along Washington Boulevard, where major developments have been completed and are planned. The well-maintained and fully occupied property features interior upgrades, offering considerable upside potential. Interior features include hardwood floors, new bathroom tubs, tiling and fixtures, large rooms and closets, upgraded windows, blinds, lighting, and hardware throughout. Each unit has garage space available, accessible via a rear alley entrance. The property also features a new roof, a fully fenced metal perimeter with gates and push-button locks, and new electric service and meters, including an extra meter for a laundry room. The buildings are designed for easy maintenance, with separate gas and electric meters for each unit. Potential upside includes converting the two double garages into ADU units with adjacent parking off the alley and separate entries, rental upside in the units, and converting the accessory rooms in the rear to laundry rooms. The property is located within the Culver City school district and is served by the Culver City Police. The adjacent mirror image fourplex is also available, offering the potential to combine lot square footage for future redevelopment value. The property may make a great exchange up leg for one or both buildings.
Key Highlights
- Fourplex in a prime Westside location near Culver City, Marina Del Rey, Playa Vista, Venice, and Santa Monica.
- Significant income potential: live in one unit and rent the other three, with ADU conversion possibilities.
- Well‑maintained and fully occupied with interior upgrades including hardwood floors, new bathrooms, upgraded windows, and new roof.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,854
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,080
$1.0M
Cap Rate 7%
$726,486
$726.5K
Cap Rate 9%
$565,044
$565.0K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$78.6K $27.00/SF
− Vacancy
−$6.0K −$2.05/SF
EGI
$72.6K $24.95/SF
− OpEx
−$21.8K −$7.48/SF
NOI
$50.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,080
Cap Rate 7%
$726,486
Cap Rate 9%
$565,044
Alternative Uses
Best Use
Multifamily LT 5
$726.5K
$635.7K – $847.6K
NOI $50,854 @ 7.0% cap · market cap 2.83%
Second Best
Apartment 5plus
$669.4K
$585.7K – $780.9K
NOI $46,856 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,106 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 90066, CA
55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex with upgrade potential in prime location.
Where is this quadplex located?
The property is located at 13007 Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Fourplex in a prime Westside location near Culver City, Marina Del Rey, Playa Vista, Venice, and Santa Monica.; Significant income potential: live in one unit and rent the other three, with ADU conversion possibilities.; Well‑maintained and fully occupied with interior upgrades including hardwood floors, new bathrooms, upgraded windows, and new roof.
