Properties

Los Angeles, CA 90066 4061 Wade Street

4061 Wade Street Los Angeles, CA - Image 14061 Wade Street Los Angeles, CA - Image 24061 Wade Street Los Angeles, CA - Image 3
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Presented By: Darin Beebower with Kidder Mathews of California, Inc.;
  • MLS# 26646529
  • 02/01/2026
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  • SQFT • 7,996

Home Details

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.
Presented By: Darin Beebower with Kidder Mathews of California, Inc.;

Interior Features for 4061 Wade Street

Bathrooms

Total Baths

Other Interior Features

Laundry FeaturesCommonArea
Total Stories2

General for 4061 Wade Street

Cap Rate5.39
CityLos Angeles
CountyLos Angeles
Directions4061 Wade St, Culver City, CA 90066
HOA Fee$
Lot Size Square Feet15829.7
Lot Size UnitsAcres
MLS AreaC28 - Culver City
Net Operating Income194041
Number Of Units Total10
Open Parking Spaces4
PostalCityLOS ANGELES
Property TypeCommercialSale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1953
ZoningCCR3A*

Exterior for 4061 Wade Street

Building Area Total7996
Lot Size Acres0.3634
Lot Size Area0.3634
Number of Buildings1
Total Parking14

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,600,000
MLS#26646529
List Date 02/01/2026
Property Type Single Family
Phone 888.795.6274
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