10714-10720 Charnock Rd

Property Overview

A fully renovated five-unit bungalow-style apartment community at 10714-10720 Charnock Road. Three front units were originally built in 1952 and completely renovated. Two rear units are brand new construction completed in 2024 and are not subject to rent control. Every residence features luxury vinyl plank or hardwood flooring, quartz countertops, custom cabinetry, stainless steel appliances, in-unit washer/dryer, designer lighting, and mini-split HVAC. Major building systems replaced: electrical, plumbing, windows, and doors. Exterior redesigned with drought-tolerant landscaping, new walkways, modern fencing, and four dedicated off-street parking spaces. 6.05% current cap rate on a turnkey, luxury-level product. Currently under contract.

Investment Highlights

• Under contract. Contact us for similar deals in Palms.
• 6.05% current cap rate. Fully renovated, turnkey product.
• Two new construction units (2024). Not subject to rent control.
• In-unit W/D, quartz counters, mini-split HVAC in every unit.
• All major systems replaced: electrical, plumbing, windows, doors.
• Next to n/naka, Phorage, Versailles. Overland corridor booming.

Neighborhood

Charnock and Overland is becoming a notable dining and lifestyle district. n/naka, Phorage, Lobster & Beer, Burrata House, Versailles are all within steps. Proximity to Downtown Culver City, Amazon Studios at The Culver Steps, Sony Pictures, Apple offices, and the Expo Line. The 10 and 405 freeways are right there.