3662 Keystone Avenue, Los Angeles, CA 90034 - Berkshire Hathaway HomeServices California Properties

3662 Keystone Avenue, Los Angeles, CA 90034

$2,500,000 Approx. USD 10 beds, 11 baths
7,512 sqft

Listing Agent


Peter James | peter@lyonstahl.com
Lic#: 01748556
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

MAJOR PRICE ADJUSTMENT! We are pleased to present a 9 unit offering in one of the best Palms locations at 3662 Keystone Ave, just a short distance to the new developments along Overland Blvd and short distance to downtown Culver City. The offering consists of (6) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, (1) 2 Bed, 1.5 Bath, and (1) Studio, 1 Bath unit that is spread out over 7,512 square feet, which offers spacious unit layouts. The property was built in 1961 and sits on a 7,500 square foot lot that is zoned LAR3. The investment offering provides an excellent value-add opportunity for future investors with rents approximately 30% below market, in one of the best rental pockets of LA's Westside. The building offers 10 parking spaces and on-site laundry for for tenants. With it's excellent unit mix and future upside potential, an investor is poised to take advantage of a generational real estate asset in a prime location that has experienced tremendous growth and development. The Palms market has continued to prove to be one of the best rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates, renters continue to seek out opportunities in the immediate area surrounding the subject property. With Culver City directly to the south, Venice directly west, and high end neighborhoods just to the north, Palms is strategically located to continue to see massive growth. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. With tech companies like Amazon, Youtube and TikTok, the location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25501053
List price is $2,500,000 Reduced by $95,000 on 5/8/2025
Price: $2,500,000
Beds: 10
Baths: 11
None fireplaces
Built in 1961
7,512 sqft
0.17 acres
Lot size: 0.1722
County: Los Angeles
Zoning: LAR3
Construction: Stucco,Wood Siding
Appliances: Oven,Range,Refrigerator
Parking description: Assigned,Covered,Garage,Side By Side,Tandem
Lot description: Rectangular Lot
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C13 - Palms - Mar Vista

Last Updated: 5/8/2025

 Days On Market (DOM): 126

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This listing belongs to the C13 - Palms - Mar Vista MLS area

Lat/Long: 34.022408, -118.408050.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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