3585 S Sepulveda Boulevard, Los Angeles, CA 90034
- $9,400,000
- 36
- BD
- 42
- BA
- 25,050
- SqFt
- List Price
- $9,400,000
- Price Change
- ▼ $595,000 1783575943
- Status
- ACTIVE
- MLS#
- 26687311
- Year Built
- 1948
- Bedrooms
- 36
- Bathrooms
- 42
- Living Sq. Ft
- 25,050
- Lot Size
- 41,279
- Acres
- 0.95
- Days on Market
- 115
- Property Type
- Multifamily
- Stories
- Two Levels
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
- Appliances
- Disposal, Refrigerator
- Pool
- Yes
- Pool Description
- In Ground, Permits, Private
- Heat
- Wall Furnace
- Roof
- Composition
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 42
Listing courtesy of Listing Agent: Daniel John Cavanaugh (dcavanaugh@cavanaughrealtors.com) from Listing Office: Cavanaugh Realtors.
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