3742-3750 S Bentley Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$4,650,000 USD
310-202-9166
3742-3750 S Bentley Ave, Los Angeles, CA for Sale
$4,650,000 USD
Apartments - FOR SALE
1/6
null | 5.47% Cap Rate

3742-3750 S Bentley Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Prime Palms Location with excellent access to Culver City, Sony Studios, Century City, Santa Monica, and major Westside employment hubs
  • Twin 8-Unit Buildings offering a total of 16 units across two adjacent properties
  • Each building contains 4 onebedrooms and 4 two-bedrooms, appealing to a wide renter base
  • $296,875 per unit and $368 per square foot, an exceptional value for the Westside

OVERVIEW

3742 & 3750 Bentley Avenue are a pair of classic mid-1960s, low-rise apartment buildings in the highly coveted Palms neighborhood. Each 8-unit building features an ideal unit mix of four one-bedroom and four two-bedroom apartments, offering a balanced blend of affordability and larger floor plans that appeal to a wide renter pool. Both structures are gated with controlled pedestrian entry and gated on-site parking, providing residents with an added sense of privacy and security. The grounds are attractively landscaped with mature trees and greenery, creating a pleasant garden feel and curb appeal uncommon at this price per unit. Common amenities include on-site laundry and intercom entry, and the buildings have historically benefited from strong renter demand due to their central Westside location. With current pricing at $296,875 per unit, $368 per square foot, and an in-place 5.47% CAP rate and 11.08 GRM, the offering provides both stable day-one cash flow and meaningful upside through continued renovation and repositioning of below-market rents.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

16

PRICE/UNIT

$290,625

CAP RATE

5.47%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,164 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4252-008-025,4252-008-026

ASK ABOUT THIS PROPERTY

Errol SpiroMiller & Desatnik Realty Corp.More Info
310-202-9166

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Errol SpiroMiller & Desatnik Realty Corp.More Info
310-202-9166

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