See all 33 photos
33 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$9,400,000
Est. payment /mo
36 Beds
42 Baths
25,050 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 25,050 sqft
Price per Sqft $375
MLS Listing ID 26687311
Bedrooms 36
HOA Y/N No
Year Built 1948
Lot Size 0.948 Acres
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.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Appliance Disposal, Refrigerator
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Covered, Uncovered
Pool In Ground, Permits, Private
Roof Type Composition
Total Parking Spaces 45
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4252003006
Special Listing Condition Standard
Read Less Info
Listed by Daniel John Cavanaugh Cavanaugh Realtors #00576151
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
Let’s Talk About Your Real Estate Goals
