3766 S Canfield Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$2,400,000 USD
310-550-2592
3766 S Canfield Ave, Los Angeles, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/8
null | 6.82% Cap Rate

3766 S Canfield Ave
Los Angeles, CA 90034
Palms


OVERVIEW

CBRE Inc., as exclusive advisor to the Seller, is proud to present 3766 S. Canfield Ave. in Los Angeles, adjacent to Downtown Culver City. 3766 S. Canfield Ave. presents a premier multifamily investment opportunity situated at the pivotal intersection of the Palms and Mar Vista neighborhoods. Built in 1962, this classic two-story multifamily property spans 4,854-square-feet and located on an approximately 6,430-square-foot lot with LAR3 zoning. The property offers exceptional growth and value-add potential through renovations and Accessory Dwelling Unit (ADU) conversions. The location offers a unique “secluded but central” appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the “Screenland” lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property’s proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills. Lifestyle amenities in the area further enhance the property’s desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City’s sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe’s and Whole Foods. For the strategic investor, 3766 S. Canfield Ave. offers a rare combination of significant scale, a prime location at the doorstep of the region’s most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$494 USD /SF

# OF UNITS

11

PRICE/UNIT

$218,182

CAP RATE

6.82%

% 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

1962

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR3

APN/PARCEL ID

4313-021-015

ASK ABOUT THIS PROPERTY

310-550-2592

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310-550-2592

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