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Jessamine Walker

jessamine@walkerpropertygroupca.com +1(949) 241-2927

$ 3,725,000

Est. payment | -/mo

21 Beds

20 Baths

10,461 SqFt

Save

$ 3,725,000

Est. payment | -/mo

Save

21 Beds

20 Baths

10,461 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,461 sqft

Price per Sqft $356

MLS Listing ID 26999259

Bedrooms 21

HOA Y/N No

Year Built 1966

Lot Size 10,715 Sqft

Property Description

We are pleased to present a fifteen (15) unit apartment building located at 3744 Keystone Ave in Los Angeles, California. The subject property is located in a prime Palms location, just north of Venice Blvd and east of Overland Ave. Located in prime Palms, this 15-unit multifamily property offers approximately 50% potential rental upside and a varied mix of one guest unit, eight one-bedroom units, five two-bedroom units, and one three-bedroom unit. Built by the seller's family, the property features a completed soft-story retrofit, a new roof installed in 2021, a 2004 copper re-pipe, and a new main electrical panel. Residents benefit from on-site laundry and rear tuck-under parking, which may offer opportunities for multiple ADU conversions, subject to feasibility and approvals. The location provides convenient access to the Palms Metro E Line, the 10 and 405 freeways, Downtown Culver City, nearby parks, and surrounding retail, dining, and entertainment destinations along the area's major commercial corridors. With approximately 50% potential rental upside, a diverse unit mix, completed capital improvements, and potential tuck-under parking conversions for ADUs, the property presents a compelling value-add opportunity in prime Palms. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Fireplace No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4314002027

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jason Tuvia Marcus & Millichap #01772495

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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3744 Keystone AVE Los Angeles, CA 90034