New

$3,600,000

12 hours ago

4061 Wade Street, Los Angeles, CA

Name: 4061 Wade Street, For Sale in Los Angeles - eXp Realty
Brand: Kidder Mathews of California, Inc.
SKU: 26646529
Price: 3600000 USD

0 Bed

0 Bath

14 Parking

MLS® 26646529

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 1953

MLS® Number 26646529

Property Address: 4061 Wade Street, Los Angeles, CA, 90066

Average square foot calculated using Size range provided by listing agent.

Description

Kidder Mathews, as exclusive listing agent, is pleased to offer 4061 Wade St, a charming 10-unit apartment community on a quiet residential street in prime Culver West. THE ASSET: Built in 1953, this charming apartment community sits on an expansive 15, 825-square-foot parcel and features an attractive mix of all two-bedroom units. The lot size and configuration make the property a strong candidate for future detached ADU development. Ample on-site parking is provided at the rear of the property, including 10 covered spaces and 3 uncovered spaces. The building offers spacious, well-appointed units and delivers an initial 5.39% cap rate, with approximately 15% rental upside achievable through unit turnover and renovation, as well as the implementation of a RUBS program to recapture utility expenses. The existing loan is potentially assumable at a highly attractive 4.35% interest rate, fully amortizing and fixed through July 1, 2027. THE NEIGHBORHOOD: 4061 Wade St is located in the highly desirable Culver West neighborhood, offering a rare combination of quiet residential living and immediate access to some of the Westside's most sought-after communities, including Mar Vista, Marina del Rey, Downtown Culver City, and Venice. Residents enjoy exceptional walkability, with a wide selection of shopping, dining, and entertainment just steps away along Washington Boulevard. The property is also less than a mile from Villa Marina Marketplace, a major Marina del Rey retail destination featuring an impressive tenant mix such as AMC Dine-In, Equinox Fitness, Gelson's Market, Ruth's Chris Steak House, Yard House, and more. The property is situated on a peaceful residential street that dead-ends into Culver West Alexander Park, a 3.13-acre neighborhood park offering open green space, sports courts, a playground, and one of Culver City's only designated dog-walking paths.

MLS® Number26646529

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelCommon Area

Exposure

Exterior

GarageNo

Approx. Age1953

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 2, 2026List Date

$3,600,000List Price

Commute

Commute

Starting Address

Destination Address

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