3674 Empire Drive, Los Angeles, CA 90034
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3674 Empire Drive,Los Angeles, CA 90034
$2,400,000
- 10 Beds
- 12 Baths
- 6,488 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26712649
Source:CRMLS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$369.91
About this home
THREE PROPERTY TRUST SALE [3674 EMPIRE DR 10 UNITS, 4253 S CENTINELA AVE 6 UNITS, 11817 CULVER BLVD 7 UNITS]. 3674 Empire Drive is a well-maintained 10-unit multifamily property located in the highly desirable Palms neighborhood of Los Angeles. Built in 1961, 3674 Empire Dr is a Trust Sale being offered for the first time in 50 years. The property encompasses approximately 6,488 square feet of living space on a 9,279 SF lot and features a diverse unit mix of (4) 2BR/1.5BA, (2) 1BR/1BA units, and (4) bachelor units. One bachelor unit is currently vacant, offering immediate repositioning and leasing at market rate. Current rents remain approximately 32% below market, presenting a compelling value-add opportunity in a tight rental market. Ownership has completed numerous capital improvements in recent years. A new roof was installed in 2022, and the required soft-story seismic retrofit has been completed (2019). In 2025, the entire electrical system was upgraded with Siemens equipment, including new meters, breakers and subpanels. All units are now separately metered for gas and electricity, except for the bachelors which do not have gas lines and are all-electric. Additional improvements include a partial copper repipe (per owner), replacement of the majority of windows and sliding doors, and a 100-gallon water heater. The property offers (7) tandem parking stalls accommodating up to 14 vehicles, and an on-site laundry room with one washer and dryer that generates supplemental income. The tuck-under parking configuration also presents strong attached ADU potential (Buyer to Verify), providing an avenue for future expansion and increased cash flow. Ideally situated in the vibrant Palms submarket, 3674 Empire Drive benefits from strong and consistent rental demand driven by its proximity to Culver City, Santa Monica, and the greater Westside, as well as convenient access to major employment centers, retail, dining, and transportation corridors....
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Home facts
- Year built:1961
- Listing ID #:26712649
- Added:12 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:12
- Living area:6,488 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1961
- Building area:6,488 sq. ft.
- Lot area:0.21 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$369.91
Parking
- Total parking spaces:14
- Parking description:Attached Carport, Garage, Tandem, Uncovered
- Garage:Yes
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