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Search Cali Homes Team
3585 S Sepulveda Blvd, Los Angeles, CA 90034
- $8,995,000
- 36
- BD
- 42
- BA
- 25,050
- SqFt
Courtesy of Cavanaugh Realtors, Daniel John Cavanaugh - CA DRE#00576151
- List Price
- $8,995,000
- Status
- ACTIVE
- Days on Market
- 220
- Price Change
- ▼ $405,000 1787701203
- MLS#
- 26687311
- Year Built
- 1948
- Bedrooms
- 36
- Bathrooms
- 42
- Living Area
- 25,050
- Lot Size
- 41,279
- Acres
- 0.67
- MLS Area Major
- Palms - Mar Vista (C13)
Property 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.
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Additional Information
- Air Conditioning
- Ceiling Fan
- Stories
- 2
- Pool
- Yes
- Pool Type
- Permits, In Ground, Private
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