3585 S Sepulveda Blvd, Los Angeles, CA 90034

$9,400,000
36
BD
42
BA
25,050
SqFt

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List Price
$9,400,000
Price Change
▼ $595,000 1783569010
MLS#
26687311
Status
ACTIVE
Type
Multifamily
Bedrooms
36
Bathrooms
42
Living Area
25,050

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.

Additional Information

Pool
Yes
Year Built
1948
Garage
Assigned, Covered Parking, Uncovered

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Calculator source: Real Geeks

Courtesy of Cavanaugh Realtors, Daniel John Cavanaugh.

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