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3585 S Sepulveda Boulevard — Los Angeles — 36 Beds • 42 Baths • 25,050 Sq Ft | Belmont Brokerage

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$9,400,000

$375/ft²

3585 S Sepulveda Blvd, Los Angeles, CA 90034

Property Description

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.

Listing provided by: Daniel John CavanaughDRE #00576151310-837-7161 dcavanaugh@cavanaughrealtors.com, Cavanaugh Realtors

MLS #: 26687311