5925 Dauphin Ave, Los Angeles, CA 90034

Nov 1

Written By Jake Glaser

Duplex in Culver City Arts District | $660/SF & 17.06 GRM

Sold: $921,000

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Property Highlights

Duplex built in 1953; legal triplex per Title
Sold for $660/SF and a 17.06 GRM
Sellers plan to 1031 exchange proceeds into passive DST investments
1,395 total SqFt on a 0.11 Acre Lot
Great unit mix with (1) 1+1 front unit and (1) currently vacant 2+2 back unit
Front unit with long term tenant has private side yard; back unit with large private backyard
Large two-car garage with very strong ADU potential
Fantastic owner-occupier opportunity
Two uncovered parking spaces in front of property plus City owned driveway along side of lot
Fantastic Central LA location along quiet Ballona Creek at the end of cul-de-sac
Nearby Culver City Arts District and West Adams

The Deal Story

The Glaser Group is pleased to announce the successful closing of 5925 Dauphin Ave, a charming duplex near the Culver City Arts District. This 1953-built property offered an exceptional opportunity for an owner-occupier, featuring a desirable unit mix of (1) 1-bedroom, 1-bath front unit with a long-term tenant and private side yard, and (1) vacant 2-bedroom, 2-bath back unit with a large, private backyard.

The property closed for a highly competitive price of $660/SF and a 17.06 GRM, one of the highest prices for an unrenovated duplex in the area in recent years. The sellers, a couple who owned the property as a rental for over 20 years, are now planning to 1031 exchange the proceeds into passive DST investments as part of their retirement and estate planning strategy.

The buyer was a first time multifamily buyer who plans to owner-occupy the vacant unit.

Situated along Ballona Creek at the end of a quiet cul-de-sac, this property offers a prime Central LA location, just moments from the Culver City Arts District and West Adams. With a total of 1,395 square feet on a 0.11-acre lot, the property also offers excellent ADU potential, with a large two-car garage.

If you're interested in a similar sale or purchase, contact us at 310-230-5157 or by email. We’re here to help you with your multifamily real estate goals.