3744 Keystone Ave, Los Angeles, CA 90034
3744 Keystone Ave, Los Angeles, CA 90034
3744 Keystone Ave, Los Angeles, CA 90034
3744 Keystone Ave, Los Angeles, CA 90034
3744 Keystone Ave, Los Angeles, CA 90034
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$ 3,725,000
Est. payment | /mo

21 Beds

20 Baths

10,461 SqFt


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$ 3,725,000
Est. payment | /mo
Save

21 Beds

20 Baths

10,461 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,461 sqft

Price per Sqft $356

MLS Listing ID 26999259

Bedrooms 21

Year Built 1966

Lot Size 10,717 Sqft

Acres 0.246

Property Sub-Type Multi-Family

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 Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

Derek Reilly

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

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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3744 Keystone Ave