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3585 S Sepulveda Boulevard — photo 1
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Bedrooms

36

Bathrooms

42

Square Feet

25,050

Status

Active

Los Angeles

3585 S Sepulveda Boulevard

About This Property

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.

Neighborhood

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Listing courtesy of Cavanaugh Realtors

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$8,995,000

Est. Monthly Payment

$57,477/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Daniel John Cavanaugh

Cavanaugh Realtors