3718 Vinton Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$2,400,000 USD
310-941-5899
3718 Vinton Ave, Los Angeles, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/8
null | 4.72% Cap Rate

3718 Vinton Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Prime Palms/Westside Location
  • 8-Unit Multifamily Building — Built in 1958, comprised of 1 x 3 bed/2 bath, 2 x 2 bed/1 bath,, offering stable cash flow in a high-demand rental area.
  • First Time on Market in Decades — Rare opportunity to acquire a family-held asset in one of LA's most resilient Westside neighborhoods.

OVERVIEW

We are pleased to present 3718 Vinton Ave, Los Angeles, CA 90034, an exceptional 8-unit multifamily investment opportunity in the highly desirable Palms neighborhood on the Westside of Los Angeles. Situated in a vibrant, dense urban area known for its walkability, proximity to trendy Culver City, Sony Studios (now part of the thriving creative and tech ecosystem), coffee shops, restaurants, parks, and major employment hubs, this location benefits from strong rental demand driven by young professionals, families, and proximity to attractions like the Culver City Promenade. Palms offers a mix of apartment buildings and commercial ribbons, with excellent access to freeways, public transit, and nearby institutions such as West Los Angeles College. The broader Westside multifamily market continues to show resilience, with positive appreciation forecasts for 2026 in areas like Palms and adjacent Culver City, supported by limited inventory and ongoing buyer interest in value-add assets. Built in 1958, this 2-story building (approximately 6,500+ sq ft on a ~7,500 sq ft lot) has been owned by the same family for over 40 years and is now on the market for the first time in decades, presenting a rare chance to acquire a stabilized asset with tremendous upside potential. The unit mix includes one spacious 3 bed/2 bath, two 2 bed/1 bath, and five 1 bed/1 bath units, offering diversified rental appeal in a market where larger units command premium rents near employment centers. With several units below current market rates given the long-term ownership, this property represents an incredible value-add opportunity through turnover and cosmetic upgrades to capture higher market rents in this strong Westside submarket.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

8

PRICE/UNIT

$300,000

CAP RATE

4.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cresta Palms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,536 SF

ZONING

LAR3

APN/PARCEL ID

4314-005-017

ASK ABOUT THIS PROPERTY

Jeff LouksMarcus & MillichapMore Info
310-941-5899

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Jeff LouksMarcus & MillichapMore Info
310-941-5899

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