Multi-Family for sale in Southern California — $9,400,000. 36 beds · 42 baths · 25,050 sqft. 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 ten…
$9,400,000
3585 S Sepulveda Boulevard, Los Angeles, CA 90034
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.
Listing updated: July 8, 2026 at 3:59 PM
Listed by: Daniel John Cavanaugh, Cavanaugh Realtors
Source: CRMLS, MLS#: 26687311, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/08/2026 Source: CRMLS, #26687311 | Price change | $9,400,000$375/sqft-6.0% |
| 4/08/2026Source: CRMLS, #26687311 | Listed for sale | $9,995,000$399/sqft |
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