We buy apartment buildings in Palms and Culver City
The Beverly Group buys Palms and Culver City apartment buildings direct from owners. West side multifamily, four units and up, closed on your date.
What is your building worth?
Get a no-obligation written offer, usually within one day.
Dingbats, walk-ups and courtyards.
Two neighborhoods, two vintages.
Palms is about as dense as west side multifamily gets, built out hard from the fifties into the seventies. Dingbats, walk-ups, tuck-under parking on nearly all of it. Culver City apartment stock runs older, with twenties and thirties fourplexes and courtyard buildings south of Washington and around downtown.
Two different rulebooks.
Palms is City of Los Angeles, so RSO. Culver City runs its own rent control ordinance, adopted and administered locally. Culver owners sometimes assume that makes a building harder to sell. It does not, at least not to us.
Expo Line and the studios.
Expo stations at Palms and Culver City put this stock within reach of Santa Monica, downtown and the studio corridor without a car. Amazon, Apple, HBO and TikTok all took Culver space over the last few years, and that turns up in rents before it turns up in comps.
Our criteria, stated plainly.
If your property fits, you will hear from us within one business day. If it does not, we will tell you that just as quickly rather than sitting on it.
Four steps, start to close.
You reach out
Send the address. Nothing is listed, nothing is marketed.
We underwrite
Palms and Culver underwrite differently because the rent rules differ. We model each on its own ordinance.
Written offer
A written offer showing the retrofit and turnover assumptions we used.
Escrow and close
Your escrow and title. We take the building from closing forward.
My Culver City building is rent controlled.
Most are. Culver has its own ordinance. We underwrite in-place rents and take the tenancies as they are.
It has tuck-under parking.
Standard in Palms. Retrofit gets priced into the offer, not raised after inspections.
What is a normal timeline here?
Most west side closings take three to six weeks after terms are agreed. Longer if your exchange calendar needs it.
Do I pay you anything?
No. There is no commission from us.
Can I just get a number?
Yes, and many owners do exactly that. No obligation and no follow-up campaign.
Find out what your building is worth.
Complimentary, and with no obligation to sell.