3585 S Sepulveda Boulevard, Los Angeles, California 90034
$8,995,000
- Property Type
- Residential Income
- Bedrooms
- 36
- Bathrooms
- 42
- Square Feet
- 25,050 sqft
- City
- Los Angeles
- Status
- Active
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.
About
Listed by Daniel John Cavanaugh with Cavanaugh Realtors
Quick Facts
MLS Property Type
Residential Income
Status
Active
MLS Number
26687311
Year Built
1948
Units
42
Lot Size
0.95 acres
Location
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Details
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