Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 10980 Rose Avenue, a well-maintained 10-unit multifamily property located in the highly desirable Palms neighborhood of West Los Angeles, California. Built in 1969 and featuring approximately 9,258 square feet of rentable area on an 8,175-square-foot corner lot, the property offers an ideal mix of spacious one- and two-bedroom units, many including dens, private balconies, and in-unit amenities. Over 60% of the units have been tastefully updated with modern finishes, fireplaces, washer/dryer hookups, and large private balconies. Recent capital improvements include seismic retrofit and SB-721 compliance, secured entry, refreshed landscaping, and ample on-site parking—offering investors a low-maintenance asset in a prime Westside submarket. Situated just steps from Trader Joe’s, Whole Foods (coming soon), and numerous restaurants and shops, the property is surrounded by high-demand residential and employment nodes including Culver City, Playa Vista, and Santa Monica. With sub-3% vacancy, continued rent growth, and strong value-add upside through unit turnover, 10980 Rose Avenue presents an exceptional opportunity for investors seeking stable cash flow and long-term appreciation in one of Los Angeles’ most supply-constrained markets.