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For SaleLuxury

$2,800,000

7,638 sqft$367/sqft1011 days on market

3344 Keystone Avenue

Los Angeles, CA 90034

· 8% down, 7% APR, 30yr fixed

10

Beds

11

Baths

7,638

Square feet

1957

Built

Listing narrative

Description

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter.** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify

Listing agent (MLS): Sean Rosenzweig · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$2,800,000

Beds

10 bd

Type

House

Home Size

7,638 sqft

Baths

11

Lot Size

0.17 acres

Year

1957

Status

For Sale

Days on Market

1011

$ / Sqft

$367

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap