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10720 Charnock Rd
Los Angeles, CA 90034 Palms

$1,995,000 USD

Multifamily For Sale  •  2,598 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,598 SF
  • Lot Size 0.14 AC
  • Year Built 2024
  • Cap Rate 5.67 %
  • Zoning R3-1
61 Transit Score
90 Walk Score

Highlights

Extensive full property redevelopment completed in 2024 with renewed interiors and exteriors for the three front bungalow-style units
Two NEW CONSTRUCTION units at the rear of the property placed in service in 2024 and NOT subject to rent control
Redesigned landscaping with newly poured walkways, curated greenery and modern perimeter fencing
High end quartz counters, stainless steel appliances, in-unit laundry, and custom cabinetry throughout
Designer kitchens and bathrooms with luxury vinyl plank or hardwood flooring in every residence
Mini split HVAC systems and updated electrical, plumbing, windows and doors

Financial Summary (Actual)

Net Operating Income: $113,030 USD (2025)
Cap Rate: 5.67 %
Total Expenses: $40,187 USD

Public Transportation

Transit/SubwayDriveWalkDistance
Palms (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 15 min - 7.3 mi
Bob Hope 33 min - 21.5 mi
Long Beach (Daugherty Field) 33 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Benjamin Hsiang 818-517-0845 Realty Investment Advisors
Benjamin Hsiang 818-517-0845 Realty Investment Advisors