Active

3585 S Sepulveda Boulevard

Los Angeles, CA 90034
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Bed 36

Bed

Bath 0

Bath

SqFt25,050

Sqft

SqFt41,279

Sqft(Lot)

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 n ear major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $9,995,000

AD Id : 76928914

MLS Id : 26687311

Beds : 36

Lot Size : 41,279 Sqft

Living Area Size : 25,050

Year Built : 1948

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 36

    Bathroom Information

    Total Baths: 42 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Sewer: Other
  • Interior Features

    Roof: Composition Property Appliances: Disposal,Refrigerator
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1948 Building Area Total: 25,050 Roof: Composition
  • Pool Features

    In Ground,Permits,Private

    Laundry Features

    Common Area,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.9476
  • Lot Size Source: Assessor Lot Size Square Feet: 41279

  • Listing Price Information

    Original List Price: 9,995,000 Listing Contract Date: 2026-04-08
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4252003006

  • Garage and Parking

    Garage Description: Assigned,Covered,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C13 - Palms - Mar Vista Directions: South of Palms Blvd., North of Venice Blvd. Zoning: LAR3 Source Property Type: Residential Income Area: C13 - Palms - Mar Vista
  • Building and Construction

    Property Age: 78 Year Built Source: Vendor Enhanced Total Square Feet Living: 25050 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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1938 S Corning Street, Los Angeles, CA, 90034 $4,095,000 -- -- 16,072 16,072 SqFt
6075 Hargis Street, Los Angeles, CA, 90034 $1,495,000 4 4 2,194 2,194 SqFt
1978 S Holt Avenue, Los Angeles, CA, 90034 $1,550,000 3 2 1,160 1,160 SqFt
2345 S Garth Avenue, Los Angeles, CA, 90034 $1,175,000 3 1 1,501 1,501 SqFt
8708 Cadillac Avenue, Los Angeles, CA, 90034 $1,225,000 2 1 1,112 1,112 SqFt
2615 Chariton Street, Los Angeles, CA, 90034 $2,295,000 -- -- 6,008 6,008 SqFt
8718 Cadillac Avenue, Los Angeles, CA, 90034 $1,499,000 2 1 1,679 1,679 SqFt
3240 Mcmanus Avenue, Los Angeles, CA, 90034 $1,799,000 4 3 1,988 1,988 SqFt

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ByOwner last updated this listing 06/16/2026 @ 01:46

MLS: 26687311 LISTED BY: Daniel John Cavanaugh, Cavanaugh Realtors 310-837-7161 SOURCE: CRMLS

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