$3250000 Price Analysis 3126 S Canfield AveLos Angeles, CA 90034 11 bed 13 bath 7321 SqFt ($443/SqFt) 8005SqFt lot. Built 1967 Listed 2023-06-08 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
A 2-property multifamily portfolio opportunity located in highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The Canfield Portfolio offers a diverse mix of unit types, ranging from studios to 3+2 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions.
The average current rents for the units are significantly below market rates, presenting an approximate 25% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition and upside potential, the Canfield Portfolio presents an outstanding opportunity for qualified investrs looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)
Presented by Scott Rosenberg at
Kidder Mathews of California, Inc.
Property MLS #23-278395 from TheMLSCLAW
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.