Residential Income In Los Angeles

10594 National Blvd is an 8-unit apartment building in the Palms neighborhood of West Los Angeles. Built in 1953, the property comprises 7,151 square feet and features a gated courtyard-style community with a desirable mix of four one-bedroom/one-bath units and four two-bedroom/one-bath units. Recent upgrades include a new roof in 2024 and exterior painting. T he average in-place rent is approximately $1,717/month for one-bedrooms and $2,066/month for two-bedrooms. Comparable one-bedroom units in the submarket rent for approximately $2,500, while two-bedrooms achieve approximately $2,750 representing a clear upside opportunity for a new owner through natural tenant turnover and modest unit upgrades. The property sits on an oversized 10,167 square foot lot zoned LAR3, with secure entry, on-site laundry, and a surface parking lot with rear alley access featuring five covered and five uncovered spaces. The lot presents a strong ADU opportunity for a new owner to explore (Buyer to verify). The location offers tenants excellent access to Culver City, Century City, Santa Monica, and UCLA, as well as nearby shopping, dining, and transit. The central Westside location demands premium rents in one of Los Angeles’ most supply-constrained neighborhoods.