3126 S Canfield Avenue, Los Angeles, CA 90034

  • $3,250,000
  • $444
3126 S Canfield Avenue, Los Angeles, CA 90034
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 13
  • Bathrooms
  • 7321.00
  • 1967
  • Year Built
For Sale
3126 S Canfield Avenue, Los Angeles, CA 90034
  • $3,250,000
  • $444

Overview

Property ID: SGR-6964076
  • Residential Income
  • Property Type
  • 11
  • Bedrooms
  • 13
  • Bathrooms
  • 7321.00
  • 1967
  • Year Built

Description

3126 S Canfield Avenue is an 8-unit property that is part of the “Canfield Portfolio,” a 2-property multifamily portfolio opportunity located in highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The “Canfield Portfolio” offers a diverse mix of unit types, ranging from studios to 3+2 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 25% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the “Canfield Portfolio” presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)

  • Address 3126 S Canfield Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90034
  • Area C09 - Beverlywood Vicinity
  • Country United States

Details

Updated on April 5, 2024 at 8:15 am
  • Property ID: SGR-6964076
  • Price: $3,250,000
  • Property Size: 7321.00 m²
  • Land Area: 8005.00 m²
  • Bedrooms: 11
  • Bathrooms: 13
  • Year Built: 1967
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 7321.00
  • MLS#: 23278395
  • Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
  • Agent Name: Scott Rosenberg
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01456686

Additional details

  • Cooling: Wall/Window Unit(s)
  • County: Los Angeles
  • Parking: 0.00

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