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Listed by: Daniel John Cavanaugh (310) 837-7161 DRE #00576151, Julio Leyva DRE #01334827 | Cavanaugh Realtors (310) 837-7161
$8,995,000
Monthly Est:$44,771
36 Beds
42 Baths
25,050sqft
3585 S Sepulveda Blvd, Los Angeles, CA 90034
$8,995,000
$44,771/moEst:
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Multi Family
Built in 1948
$-- HOA
41,279 sqft lot
$359/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 6, 2026 at 12:27 am
- Source: California Regional MLS-CA | MLS#: 26687311
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
25,050 sqft
Lot Size
41,279 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26687311
MLS Status
Active
Days on Market
186
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 36
Bathrooms: 42
Interior
Appliances
Disposal, Refrigerator
Sewer
Other
Heating
Wall Furnace
Construction
Year Built
Year Built: 1948
Home type
Multi Family
Roof
Composition
Utilities & Energy
Parking Features
Assigned, Covered, Uncovered
Pool Features
In Ground, Permits, Private
Laundry Features
Common Area, Laundry Room
Other Features
Disclosures
Seller Disclosure
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Price Decreased | $8,995,000 -4.31% $359/sqft |
07/08/2026 Source: | Price Decreased | $9,400,000 -5.95% $375/sqft |
04/08/2026 Source: | Listed for Sale | $9,995,000 $399/sqft |
Palms Ranks #93 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 10:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage