Stacey Alysson Melman

3585 S Sepulveda BL Los Angeles CA 90034 MLS #26687311

3585 S Sepulveda BL
Los Angeles, CA, 90034
$9,995,000
36 Beds
42 Baths
25,050 SqFt
0.95 Acres
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MLS #26687311 image #0
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
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
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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

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