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3585 S Sepulveda BL Los Angeles CA 90034 MLS #26687311

Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe’s, CVS, and the upcoming Whole Foods Market.

Property Details

Price:
$9,995,000
MLS #:
26687311
Status:
Active
Beds:
36
Baths:
42
Address:
3585 S Sepulveda BL
Type:
Single Family
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Apr 9, 2026
State:
CA
Finished Sq Ft:
25,050
Total Sq Ft:
25,050
ZIP:
90034
Lot Size:
41,279 sqft / 0.95 acres (approx)
Year Built:
1948

Schools

Interior

Appliances
G D, R F
Heating
W L
Laundry Features
C M, I R

Exterior

Parking Spots
45
Roof
C M P

Financial

Gross Operating Income
$829,345
Net Operating Income
$454,136

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