3125 S Durango Ave - Apartments FOR SALE


Los Angeles, CA 90034- Cheviot Hills
$2,550,000 USD
310-383-5927
3125 S Durango Ave, Los Angeles, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/15
null | 5.56% Cap Rate

3125 S Durango Ave
Los Angeles, CA 90034
Cheviot Hills


HIGHLIGHTS

  • Excellent Unit Mix: (2) 3-Bed / 2-Bath, (2) 2-Bed / 1.5-Bath, (2) 2-Bed / 1-Bath, (2) 1-Bed / 1-Bath
  • 11.05 GRM
  • 5.86% CAP

OVERVIEW

RE/MAX One Commercial is pleased to present this rare 8-unit multifamily investment opportunity located at 3125 S Durango Ave, situated in the highly desirable Palms neighborhood of West Los Angeles. Built in 1957, the property features 7,376 sq. ft. of rentable space on a spacious 8,001 sq. ft. lot zoned LAR3 —offering immediate income with significant value-add potential. The unit mix includes two 3-bedroom, 2-bath units; two 2-bedroom, 1.5-bath units; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath units—an ideal configuration for maximizing rentability across a variety of tenant profiles. The property includes 8 on-site parking spaces within a detached garage structure, with no seismic retrofit required. The detached parking area offers prime ADU conversion potential (buyer to verify), presenting an opportunity to increase unit count and rental income. Current rents are well below market, offering a 29% rental upside through interior renovations and ADU expansion. Located just minutes from Downtown Culver City, Sony Studios, and the Expo Line, this is a strategic Westside asset with both immediate and long-term investment potential.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

8

PRICE/UNIT

$318,750

CAP RATE

5.56%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,002 SF

ZONING

R3-1. Los Angeles

APN/PARCEL ID

4311-026-005

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.