3585 S Sepulveda Boulevard, Los Angeles, CA 90034
List Price: $9.99M
Listing Status: Active
0Days on Market: 8
36 Bedrooms · 42 Bathrooms · 25,050 sq ft
Property Type: ResidentialIncome
Year Built: 1948
Lot Size: 41,279 sq ft
Private Pool: Yes
MLS Number: 26687311
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.