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$3,000,000

Est. payment - /mo

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8 Beds

11 Baths

4,854 SqFt

Active

3766 S Canfield AVE Los Angeles, CA 90034

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,854 sqft

Price per Sqft $618

MLS Listing ID 25507509

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 6,490 Sqft

Lot Dimensions Assessor

Property Description

The property is well located in the highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. With trendy eateries, bars, shops, and iconic beaches just minutes away, the property benefits from a positive trend in asking rents and legendary long-term capital appreciation. The property's proximity to renowned employers such as Sony, Apple, Google, YouTube, and Tesla makes it an attractive location for young, professional renters. The property comprises 9 recorded units, with the unique advantage of being configurable into 11 units, providing flexibility and upside potential for inventors. It offers an efficient mix of studios and 1+1 units,with opportunities for additional upside from ADU conversions and renovations upon turnover. The average current rents for the units are significantly below market rates, presenting tremendous NOI upside.

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Carport, Driveway

Attached Garage Yes

Total Parking Spaces 11

Building

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4313021015

Special Listing Condition Standard

Listed by Scott Rosenberg • Kidder Mathews of California, Inc.

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