3575 S Sepulveda Blvd - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$9,995,000 USD
310-837-7161
3575 S Sepulveda Blvd, Los Angeles, CA for Sale
$9,995,000 USD
Apartments - FOR SALE
1/22
null | 4.54% Cap Rate

3575 S Sepulveda Blvd
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • 2 separate APNs. Electrical panels recently replaced. Separately metered units.
  • Pool recently refinished.
  • 3575 & 3585 Buildings, units have their own water heater.

OVERVIEW

Sale includes 3575, 3585, and 3595 S. Sepulveda Blvd – 42 units total located in Palms. Property consists of low-rise buildings with a unit mix primarily of studios and one-bedroom units. Situated on approx. 41,275 SF across two APNs with over 350 feet of frontage on Sepulveda Blvd. Units are separately metered for gas and electricity. On-site income from three laundry rooms. Approx. 45 parking spaces (combination of open, garage, and carport). Central courtyard with swimming pool. Proximity to major retail including Trader Joe’s, CVS, and upcoming Whole Foods.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$632 USD /SF

# OF UNITS

42

PRICE/UNIT

$237,976

CAP RATE

4.54%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3585 S Sepulveda

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,011 SF

ZONING

LAR3

APN/PARCEL ID

4252-003-006,4252-003-012

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 Notice.