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.
AGENT: Daniel John Cavanaugh LISTING BROKERAGE: Cavanaugh Realtors
Courtesy of Cavanaugh Realtors. 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. 3585 S Sepulveda BL
Los Angeles, CA
Property Details
Price:
$9,995,000
MLS #:
26687311
Status:
Active
Beds:
36
Baths:
42
Type:
Single Family
Neighborhood:
c13palmsmarvista
Listed Date:
Apr 9, 2026
Finished Sq Ft:
25,050
Total Sq Ft:
25,050
Lot Size:
41,279 sqft / 0.95 acres (approx)
Year Built:
1948
PoolC13 – Palms – Mar VistaC13palmsmarvista
Ask a Question
See this Listing
Schools
Interior
Appliances
GD, RF
Heating
WL
Laundry Features
CM, IR
Levels
U
Exterior
Parking Spots
45
Parking Total
45
Roof
CMP
Financial
Gross Operating Income
$829,345
Net Operating Income
$454,136
Map
Community
- Address3585 S Sepulveda BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
