3662 Keystone Avenue, Los Angeles, CA, 90034

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$2,595,000
63 Days On Site

3662 Keystone Avenue
Los Angeles, CA 90034

For Sale|Residential Income|Active
10
Beds
0
Full Baths
0
Partial Baths
7,512
SqFt
$345
/SqFt
1961
Built
County:
Los Angeles
Listed by Peter James of Lyon Stahl Investment Real Estate, Inc. [email protected]
3662 Keystone Avenue3662 Keystone Avenue3662 Keystone Avenue3662 Keystone Avenue
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Monthly Payment (Est.)

$11,839
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MAJOR PRICE ADJUSTMENT! We are pleased to present a 9 unit offering in one of the best Palms locations at 3662 Keystone Ave, just a short distance to the new developments along Overland Blvd and short distance to downtown Culver City. The offering consists of (6) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, (1) 2 Bed, 1.5 Bath, and (1) Studio, 1 Bath unit that is spread out over 7,512 square feet, which offers spacious unit layouts. The property was built in 1961 and sits on a 7,500 square foot lot that is zoned LAR3. The investment offering provides an excellent value-add opportunity for future investors with rents approximately 30% below market, in one of the best rental pockets of LA's Westside. The building offers 10 parking spaces and on-site laundry for for tenants. With it's excellent unit mix and future upside potential, an investor is poised to take advantage of a generational real estate asset in a prime location that has experienced tremendous growth and development. The Palms market has continued to prove to be one of the best rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates, renters continue to seek out opportunities in the immediate area surrounding the subject property. With Culver City directly to the south, Venice directly west, and high end neighborhoods just to the north, Palms is strategically located to continue to see massive growth. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. With tech companies like Amazon, Youtube and TikTok, the location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

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Listing Snapshot
Price 
$2,595,000
Days On Site 
63 Days
Bedrooms 
10
Inside Area (SqFt) 
7,512 sqft
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1961
MLS® Number 
25501053
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $2,595,000
2 months agoListing first seen on site
General Features
Acres 
0.1722
Direction Faces 
West
Garage 
Yes
Number Of Stories 
2
Parking 
AssignedCoveredGarageSide By SideTandem
Parking Spaces 
10
Security 
Gated Community
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
7512
Stories 
Multi/Split
Zoning 
LAR3
Interior Features
Appliances 
OvenRangeRefrigerator
Fireplace Features 
None
Heating 
Wall Furnace
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Exterior Features
Construction Details 
StuccoWood Siding
Lot Features 
Rectangular Lot
Pool Features 
None
Roof 
Rolled/Hot Mop
View 
None
Waterview 
None
Community Features
Community Features 
Gated
MLS Area 
C13 - Palms - Mar Vista


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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