3329 Keystone Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$2,650,000 USD
310-837-7161
3329 Keystone Ave, Los Angeles, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/23
null | 4.38% Cap Rate

3329 Keystone Ave
Los Angeles, CA 90034
Palms


OVERVIEW

Located in the north end of Palms, this eight-unit building is centrally located and in easy distance to Culver City, Cheviot Hills, the Palms Metro light-rail line, and the stores and shops along Motor, National, and Overland. Built in 1971, this 7,900 square foot two-story building was seismically retrofitted in 2019. Secure underground parking structure with a large laundry room and attached to the laundry room is a 250 square foot store room that is currently not used. The building features a great unit mix: Four 1-bed/1-bath units, Four 2-bed/2-bath units All units have radiant heat, wall air-conditioning units, and six units have gas fireplaces. Tenants pay for electricity and landlord pays water and gas. Community laundry room with one water heater serving the entire building.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

8

PRICE/UNIT

$331,250

CAP RATE

4.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3

APN/PARCEL ID

4314-020-005

ASK ABOUT THIS PROPERTY

Dannie CavanaughCavanaugh RealtorsMore Info
310-837-7161

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Dannie CavanaughCavanaugh RealtorsMore Info
310-837-7161

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