2637 S Garth Ave, Culver City Adj.
Luxury, Brand New Construction 6-Unit in A+ Location Culver City Adj.
2637 S Garth Avenue is a brand-new, NON-RENT-CONTROLLED 6-unit luxury community, with 4/6 units already leased, offering a strong projected 6.38% cap rate and ultra-low operating costs. Ideally located near Culver City, the property features spacious 3- and 4-bedroom units with premium finishes, in-unit laundry, and striking modern architecture. Fully electric with separately metered utilities and drought-tolerant landscaping, it's designed for long-term performance and minimal maintenance. Tenants enjoy quick access to Venice Blvd shops, Ivy Station, and top dining like Etta and Father’s Office.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$4,599,000
6-Unit
Sold
6
2025
6.38%
12.34
$372,840/Year (Pro Forma)
8,224 sqft
7,503 sqft
$559.22
$766,500
4 x 3b/3b, 1 x 4b/4.5b, 1 x 3b/3.5b
No
12 Exterior Spaces
No
Other Features:
No Rent Control, Private Washers/Dryers for Each Unit, Separately Metered
The Highlights
NO RENT CONTROL!
ALREADY 4/6 UNITS LEASED!
Outstanding projected cap rate of 6.40%! Cash cow.
Thoughtfully designed units with premium floorplans.
Boasts high-end, modern finishes.
Ideal unit mix of 4 bedrooms and 3 bedrooms. High income producing property!
All units separately metered for electric AND water (no gas on property)! Very low expenses!
With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.
Beautiful residential, tree-lined street!
Dream 1031 exchange opportunity. Low maintenance and high return.
Architecturally impressive exterior with a multi-dimensional design that enhances curb appeal and tenant desirability.
Located in a highly central Westside location with close proximity to Culver City, Beverlywood, Mar Vista, Cheviot Hills, and Pico-Robertson.
The Neighborhood
<15-Minute Walk
Platform, Roberta's, Citizen Public Market, Bianca, Father's Office, Pasta Sisters, Helms Bakery, Margot, Sweetgreen, Blue Bottle Coffee, Los Angeles Ale Works, Ivy Station, Undergrind Café, Cognoscenti Coffee
<15-Minute Drive
Downtown Culver City, Mandrake, Destroyer, Getty Center, Griffith Observatory, Beverly Hills, Century City, Fox Studios, Hatchet Hall, Whole Foods, Sony Pictures Studio, Amazon, Apple, Santa Monica
<$15 Uber Ride
Downtown Culver City, Beverly Center, Cedars Sinai, Trader Joes, Equinox, LACMA, The Culver Hotel, El Rey Theatre, The Mint, Public School, Rodeo Drive, Wilshire Country Club, Larchmont Village
Contact
Lauren Cearley
213.302.8662
Property Presented By:
