Thank you
Sean Rosenzweig
Marcus & Millichap
310-909-5500
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. ** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
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Total Bedrooms : 10
Total Baths: 11
Full Baths: 0
Half Baths: 0
Central Air
Air Conditioning
Central
Has Heating
Year Built: 1957
Building Area Total: 7,638
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1721
Lot Size Source: Assessor
Lot Size Square Feet: 7496
Original List Price: 3,250,000
Listing Contract Date: 2024-02-01
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4314021016
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C13 - Palms - Mar Vista
Postal Code Plus 4: 4636
Directions: East of Overland Avenue & South of Rose Avenue
Zoning: LAR3
Source Property Type: Residential Income
Area: C13 - Palms - Mar Vista
Property Age: 67
Year Built Source: Assessor
Total Square Feet Living: 7638
Levels or Stories: Two,Multi/Split
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3610 Westwood Boulevard, Los Angeles, CA,90034 | $3,350,000 | 13 | -- | 6,270 | 7931 Sqft |
3766 S Canfield Avenue, Los Angeles, CA,90034 | $3,300,000 | 8 | -- | 4,854 | 6428 Sqft |
3126 S Canfield Avenue, Los Angeles, CA,90034 | $3,250,000 | 11 | -- | 7,321 | 8005 Sqft |
1920 S Robertson Boulev.., Los Angeles, CA,90034 | $14,000,000 | 37 | -- | 21,997 | 24384 Sqft |
2803 Cardiff Avenue, Los Angeles, CA,90034 | $2,199,000 | 3 | 2 | 1,700 | 6761 Sqft |
10521 National Boulevar.., Los Angeles, CA,90034 | $450,000 | 1 | 1 | 625 | 27070 Sqft |
3757 Veteran Avenue, Los Angeles, CA,90034 | $2,290,000 | 8 | -- | 4,248 | 4664 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | -- | -- | 2,104 | 6754 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | 3 | 2 | 2,104 | 6754 Sqft |
2016 S Bedford Street #1, Los Angeles, CA,90034 | $2,350,000 | -- | -- | 6,384 | 6301 Sqft |
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ByOwner last updated this listing 05/11/2024 @ 03:35
MLS: 24354097
LISTED BY: Sean Rosenzweig, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.