3662 Keystone Avenue, Los Angeles, CA 90034
Local realty services provided by:ERA Excel Realty
3662 Keystone Avenue,Los Angeles, CA 90034
$2,500,000
- 10 Beds
- 11 Baths
- 7,512 sq. ft.
- Multi-family
- Active
Listed by: peter james, william james
Office: lyon stahl investment real estate, inc.
MLS#:25501053
Source:CRMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$332.8
About this home
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. The building features a brand new roof, copper plumbing and was recently repainted. 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....
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Home facts
- Year built:1961
- Listing ID #:25501053
- Added:391 day(s) ago
- Updated:March 23, 2026 at 01:18 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Kitchen Description:Oven, Range, Refrigerator
- Living area:7,512 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Rolled Hot Mop
- Year built:1961
- Building area:7,512 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Stucco, Wood Siding
- Levels:Multi Split
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$332.8
Features and amenities
- Appliances:Oven, Range, Refrigerator
- Amenities:Gated Community
Parking
- Total parking spaces:10
- Parking description:Assigned, Covered, Garage, Side By Side, Tandem
- Garage:Yes
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