3675 Dunn Dr - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$15,950,000 USD
310-466-0888
3675 Dunn Dr, Los Angeles, CA for Sale
$15,950,000 USD
Apartments - FOR SALE
1/16
null | 4.6% Cap Rate

3675 Dunn Dr
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Built in 2019, 3675 Dunn Dr is a Class A multifamily asset comprised of 18 beautifully designed units—centrally located in West LA
  • Unique mix of (3) two-bedroom and (15) three- bedroom floor plans and ranging from 1,140 to 1,528 square feet
  • Community amenities include a sundeck with lounge seating and wifi, bike storage, and controlled access entry to the lobby and garage
  • Residents benefit from 52 subterranean parking spots—nearly 3 spots per unit—and EV charging stations
  • Employment population of 662,066 within a five-mile radius/ Submarket occupancy averaged 96.92% over the past five years/
  • The average household income within a three-mile radius is $124,510

OVERVIEW

New Construction Multifamily Investment Opportunity • Built in 2019, 3675 Dunn Dr is a Class A multifamily asset comprised of 18 beautifully designed units—centrally located in West LA • Arranged in a unique mix of (3) two-bedroom and (15) three- bedroom floor plans and ranging from 1,140 to 1,528 square feet, the units feature spacious living rooms, hardwood floors, recessed lighting, private patios, stainless steel appliances, nest thermostats luxury tile floors in the bathrooms, and in-unit washer and dryers • Community amenities include a sundeck with lounge seating and wifi, bike storage, and controlled access entry to the lobby and garage • Residents benefit from 52 subterranean parking spots—nearly 3 spots per unit—and EV charging stations Employment population of 662,066 within a five-mile radius • Submarket occupancy averaged 96.92% over the past five years • The average household income within a three-mile radius is $124,510 Well-Located at the Epicenter of West Los Angeles • Half a mile from the Palms Station for the Expo Metro line, connecting the property to Santa Monica, Downtown Los Angeles and beyond • Surrounded by known tech hubs of Culver City and the “Silicon Beach” cities of Santa Monica, Venice and Playa Vista • Direct access to shopping and dining destinations in Los Angeles, from Beverly Hills triangle and Century City Westfield Mall to walkable Brentwood and Santa Monica • Close proximity to the 10 and 405 freeways, two of the most-used thoroughfares in Los Angeles • Easy commutes to job centers including Culver City, Santa Monica, Playa Vista, Beverly Hills, Century City and Downtown Los Angeles • Just six miles from L.A. International Airport (LAX)

FOR SALE DETAILS

PRICE

$15,950,000 USD

PRICE/SF

$638 USD /SF

# OF UNITS

18

PRICE/UNIT

$886,111

CAP RATE

4.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3675 Dunn Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,581 SF

ZONING

R3-1

APN/PARCEL ID

4313-007-055

ASK ABOUT THIS PROPERTY

Alex GaluzKW CommercialMore Info
310-466-0888

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Alex GaluzKW CommercialMore Info
310-466-0888

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