4061 Wade Street, Los Angeles, CA 90066

• 7,996 sqft

Property 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 selec

Listing Status:

Active

Date Added:

February 1, 2026

Data Last Updated:

February 8, 2026 at 1:08PM

Listing Office:

Kidder Mathews of California, Inc. : 858-369-3010

Listing Agent:

Darin Beebower : 424-653-1854

MLS ID:

CL26646529

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: CCR34231028015

Financial

• Source: CRMLS