3410 Club Dr - Apartments FOR SALE


Los Angeles, CA 90064- Cheviot Hills
$6,695,000 USD
310-963-7010
3410 Club Dr, Los Angeles, CA for Sale
$6,695,000 USD
Apartments - FOR SALE
1/34
null | 4.8% Cap Rate

3410 Club Dr
Los Angeles, CA 90064
Cheviot Hills


HIGHLIGHTS

  • Controlled Building Access, On-Site Laundry, and Well-Maintained Pool
  • Professionally Landscaped Property with Select Units Featuring Balconies
  • Ideally Located near Expo Line, 405 & 10 Freeways, and Local Amenities
  • Parking: 18 Carport Spaces with Storage
  • Earthquake Retrofit & Balcony Inspections Complete

OVERVIEW

3410 Club Dr. presents a rare opportunity to acquire a stabilized, high-performing 17- unit apartment building with meaningful future upside potential. 15 of 17 units are renovated, providing immediate cash flow of approximately $524,000 gross annual income. This asset offers compelling value-add potential through two existing nonresidential spaces that are perfectly positioned for ADU conversions, allowing a new owner to immediately unlock additional revenue (buyer to check with the city). With earthquake retrofit & balcony requirements completed, on-site amenities, and excellent tenant appeal, this property is well-suited for investors seeking durable income with long term growth optionality. The property is located directly adjacent to Cheviot Hills and nearby Culver City, which are high demand rental pockets on the Westside. This area is known for its blend of residential charm and urban convenience, drawing strong tenant demand from professionals seeking proximity to Downtown Culver City, major employers, and transit. The neighborhood benefits from excellent connectivity via the Metro E Line, quick freeway access, and walkable access to dining, retail, and daily amenities, making it consistently attractive for multifamily investors focused on stable occupancy and long-term rent growth.

FOR SALE DETAILS

PRICE

$6,695,000 USD

PRICE/SF

$496 USD /SF

# OF UNITS

17

PRICE/UNIT

$393,824

CAP RATE

4.8%

% LEASED

100%

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

18

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

LAR3

APN/PARCEL ID

4316-031-014

ASK ABOUT THIS PROPERTY

Linda LightColdwell Banker RealtyMore Info
310-963-7010

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Linda LightColdwell Banker RealtyMore Info
310-963-7010

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