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$3,150,000
Est. payment /mo
10 Beds
11 Baths
7,638 SqFt
UPDATED:
12/11/2024 08:28 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,638 sqft
Price per Sqft $412
MLS Listing ID 24354097
Bedrooms 10
HOA Y/N No
Year Built 1957
Lot Size 7,496 Sqft
Property Description
We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter. ** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Total Parking Spaces 11
Building
Story 2
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4314021016
Special Listing Condition Standard
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Listed by Sean Rosenzweig • Marcus & Millichap
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908