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For SaleLuxury

$8,995,000

25,050 sqft$359/sqft214 days on market

3585 S Sepulveda Boulevard

Los Angeles, CA 90034

· 8% down, 7% APR, 30yr fixed

36

Beds

42

Baths

25,050

Square feet

1948

Built

Listing narrative

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 agent (MLS): Daniel John Cavanaugh · Listing brokerage (MLS): Cavanaugh Realtors

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$8,995,000

Beds

36 bd

Type

House

Home Size

25,050 sqft

Baths

42

Lot Size

0.95 acres

Year

1948

Status

For Sale

Days on Market

214

$ / Sqft

$359

· 8% down, 7% APR, 30yr fixed
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Courtesy of Cavanaugh Realtors