Nalren
Open in App

36-Bedroom ResidentialIncome — 3585 S Sepulveda Boulevard, Los Angeles, CA

$9,400,000

3585 S Sepulveda Boulevard, Los Angeles, CA

View in Nalren App Get the App

About this property

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.

Property details

Bedrooms
36
Bathrooms
42
Square feet
25,050
Year built
1948
Property type
ResidentialIncome

Location

3585 S Sepulveda Boulevard • Los Angeles, CA 90034

More homes for sale and rent in Los Angeles, CA →

Listed by

Daniel John Cavanaugh · Cavanaugh Realtors