3636 Keystone Ave - Apartments FOR SALE


Los Angeles, CA 90034
$3,200,000 USD
310-382-6705
3636 Keystone Ave, Los Angeles, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/6
null | 5.7% Cap Rate

3636 Keystone Ave
Los Angeles, CA 90034


HIGHLIGHTS

  • Well-Balanced Unit Mix Consisting of (4) two-bedroom, two-bathroom units, (4) one-bedroom, one-bathroom units, and (2) studio units
  • Exceptional Rental Income with approximately 16% upside from current to market rents
  • Excellent location with proximity to Culver City, Century City, Santa Monica and the 10 & 405 Freeways
  • Located Near Major Employment Centers and Presitgious Universities
  • Each unit has a functioning fireplace
  • Sub-Terranean Gated Parking. Seismic Retrofit Completed

OVERVIEW

Don't miss 3636 S. Keystone Avenue, a rare 10-unit multifamily investment in the heart of Palms, one of Los Angeles’ most sought-after rental markets. Built in 1975, the property offers a well-balanced unit mix, consisting of (4) two-bedroom, two-bathroom units, (4) one-bedroom, one-bathroom units, and (2) studio units. Currently generating exceptional rental income, the asset presents an approximate 16% upside potential, making it an attractive opportunity for investors. Located near Century City and the 405 Freeway, the property provides residents with easy access to employment hubs, dining, shopping, and entertainment. The Palms neighborhood is known for its blend of residential charm and urban convenience, making it highly desirable among young professionals. Exclusively listed by the Greysteel Multifamily Investment Sales Team, 3636 S. Keystone Avenue presents a compelling opportunity to acquire a high-performing asset in a thriving and stable rental market. With its prime location, modern design, and strong income potential, this property is a standout investment in one of LA’s most dynamic communities. This is one of a 4-property, 37-Unit Westside portfolio which may be delivered individually or collectively. The other addresses are: 1511 Corinth Avenue (8 Units), 1320 S. Carmelina Avenue (9 Units), and 3310 S. Keystone Avenue (10 Units).

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

10

PRICE/UNIT

$320,000

CAP RATE

5.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palms 10 Unit | Generating Exceptional Income

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

R3-1

APN/PARCEL ID

4314-009-029

ASK ABOUT THIS PROPERTY

Everett WongGreysteelMore Info
310-382-6705

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Everett WongGreysteelMore Info
310-382-6705

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