Price Reduced Listing
3585 S Sepulveda Boulevard,Los Angeles, CA 90034
Los Angeles, CA 90034
Description
Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.
Details
| MLS # | 26687311 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 151 |
| Listing Provided By | Cavanaugh Realtors | Daniel John Cavanaugh |
Features
| Bed(s) | 36 |
|---|---|
| Bath(s) | 42 |
| SQ Feet | 25,050 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 42 |
| Building(s) | 3 |
| Zoning | LAR3 |
| Acreage | 0.95 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Disposal, Refrigerator |
Exterior
| Roof | Composition |
|---|
Parking
| Parking Features | Assigned, Covered, Uncovered |
|---|
Utilities
| Sewer | Other |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C13 Palms Mar Vista |
| Listing VS Median (in 90034) | |
Price: $8,995,000 low | high Med: $2,400,000 sqft: 25,050 low | high Med: 7,321 $ / sqft: $359 low | high Med: $328 On site: 151 low | high Med: 214 | |
Market Activity 90034
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C13 Palms Mar Vista |
| Listing VS Median (in 90034) | |
Price: $8,995,000 low | high Med: $2,400,000 sqft: 25,050 low | high Med: 7,321 $ / sqft: $359 low | high Med: $328 On site: 151 low | high Med: 214 | |