11970 Aneta St — Sale in Culver City, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Culver City, CA 90230

Investment Figures

Cap rate
3.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is very pleased to exclusively offer for sale 11970 Aneta Street, a rare corner-lot fourplex in the heart of Culver City offered at $1,695,000. This boutique Westside asset features an exceptional unit mix of one 2 BD/2BA, one 2BD/1BA and two well-appointed 1BD/1BA residences, delivering broad tenant appeal in one of Los Angeles' most sought-after rental markets. Positioned on a prominent corner parcel, the property benefits from abundant natural light, enhanced privacy, and strong curb appeal. Investors are presented with significant income upside potential through strategic interior upgrades and rental repositioning. Additionally, the asset offers the opportunity to add an ADU via garage conversion (buyer to verify), creating a compelling pathway to increase long-term cash flow and value. Ideally situated between the beach communities of Playa del Rey and Marina del Rey, residents enjoy convenient access to coastal recreation, waterfront dining, and marina amenities while remaining minutes from Downtown Culver City's acclaimed restaurants, boutique retail, and entertainment scene. The location provides a highly walkable, lifestyle-driven setting with seamless connectivity to major Westside employment hubs, beaches, and outdoor destinations a key driver of sustained rental demand. A premier acquisition opportunity for investors seeking a refined, value-add multifamily asset in a top-tier Westside submarket. Investment Highlights: • 4-Unit Multi-Family Asset in Prime Culver City Location • Desirable unit mix: Two-Bedroom / Two-Bath unit | Two Bedroom/One Bath unit | One-Bedroom / One-Bath units • Opportunity to increase NOI through strategic renovations and lease-up • Corner lot location providing strong curb appeal and improved access • Excellent long-term hold in one of West LA's most supply-constrained submarkets • Strong in-place income with significant rental upside potential • ADU potential by converting one of the existing garages (buyer t

Market Context

This multifamily in Culver City, CA is listed for sale. It is offered at an approximate 3.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Culver City, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Its 3.8% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

Contact

Explore this market

Similar Multifamily Property for Sale in Culver City, CA