We are pleased to present 3115 Ivy Street, an 8 unit apartment community located in the highly desirable Culver City/ Palms neighborhood of West Los Angeles. Built in 1964, the property offers approximately 6,038 square feet of rentable living area on a6,157squarefoot lot, providing investors with a well located and stable asset in one of the Westside’s most consistently strong rental markets. The building features a practical and appealing unit mix, with bright interiors, efficient layouts, and the long term durability associated with classic midcentury construction. These characteristics support steady tenant demand and create a reliable operating environment for ownership, while still offering clear opportunities for future modernization and value enhancement.3115 Ivy Street benefits from an exceptional location just steps away from Culver City, placing residents near major employment centers such as Culver City’s expanding tech and creative office district, Sony Studios, and the broader Westside job base. The property is surrounded by a wide selection of dining, retail, and neighborhood conveniences along Venice Boulevard and Sepulveda Boulevard. Connectivity is another key advantage, with close access to the I10 and I405 Freeways as well as the Metro E Line, allowing for convenient travel throughout Greater Los Angeles. Situated within a supply constrained, transit oriented, and high demand rental pocket, 3115 Ivy Street represents a compelling opportunity to acquire a well maintained multifamily asset with stable in place income and meaningful potential for long term appreciation.
AGENT: Michael Sterman LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 3115 Ivy ST
Los Angeles, CA
Property Details
Price:
$2,550,000
MLS #:
26664783
Status:
Active
Beds:
15
Baths:
15
Type:
Single Family
Neighborhood:
c09beverlywoodvicinity
Listed Date:
Mar 15, 2026
Finished Sq Ft:
6,038
Total Sq Ft:
6,038
Lot Size:
6,157 sqft / 0.14 acres (approx)
Year Built:
1964
C09 – Beverlywood VicinityC09beverlywoodvicinity
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Schools
Interior
Levels
S
Exterior
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$218,554
Net Operating Income
$129,028
Map
Community
- Address3115 Ivy ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
