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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$8,995,000

Est. payment - /mo

36 Beds

42 Baths

25,050 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 25,050 sqft

Price per Sqft $359

MLS Listing ID 26687311

Bedrooms 36

HOA Y/N No

Year Built 1948

Lot Size 0.948 Acres

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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Disposal, Refrigerator

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Covered, Uncovered

Pool In Ground, Permits, Private

Roof Type Composition

Total Parking Spaces 45

Private Pool Yes

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4252003006

Special Listing Condition Standard

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Listed by Daniel John Cavanaugh Cavanaugh Realtors #00576151

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

3585 S Sepulveda BLVD Los Angeles, CA 90034

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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