$3,250,000 Price Analysis   ♡   Los Angeles, CA 90034 11 bed 13 bath 7,321 SqFt ($443/SqFt) 8,005SqFt lot. Built 1967 Listed 2023-06-08 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
3126 S Canfield Avenue is an 8-unit property that is part of the Canfield Portfolio
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 dditional 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, di stinctive features, overall condition and upside potential, the Canfield Portfolio presents an outstanding opportunity for qualified investors 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
Full Bathrooms: 13
Lot Size Source: Assessor
Lot Size Square Feet: 8005
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 6600, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 11000, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3600
County: Los Angeles
Cross Street: National Blvd
Cap Rate: 4
Directions: Located in the Beverlywood Vicinity, close to other great neighborhoods such as Palms/Mar Vista and Culver City.
Source Property Type: Residential Income
Area: Beverlywood Vicinity
Source Neighborhood: Beverlywood Vicinity
Owner Pays: Water, Gardener
Parcel Number: 4311-026-015
Postal Code Plus 4: 4351
Zoning: LAR3
Source System Name: C2C
$3,250,000
TheMLSCLAW
Listed 2023-06-08
$3,500,000
TheMLSCLAW
Year Built: 1967
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 57
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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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.