3945 Frances Avenue, Los Angeles, CA 90066
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3945 Frances Avenue,Los Angeles, CA 90066
$3,350,000
- 17 Beds
- 19 Baths
- 9,165 sq. ft.
- Multi-family
- Pending
Listed by: peter james, william james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26663117
Source:CRMLS
Price summary
- Price:$3,350,000
- Price per sq. ft.:$365.52
About this home
3945 Frances is an opportunity to acquire a 19 unit offering in a prime pocket of Mar Vista, adjacent to multi-million dollar homes. The property consists of 19 units, of which, (6) bachelor units are non-conforming. The current unit mix is (13) 1 bed, 1 bath and (6) bachelor, 1 bath units spread out across 9,165 square feet. The building was built in 1963 and sits on a 9,976 square foot lot zoned LAR3. There are currently 2 vacant 1 bed, 1 bath units that offer an investor the opportunity to capture immediate upside. With it's central location on the Westside, the Mar Vista submarket captures premium rents and the ability to increase cash flow on day one. The building offers on-site laundry facilities and 13 parking spaces, a necessary amenity in this part of town. Mar Vista has benefited from it's location, adjacent to Venice to the west, Culver City to the south, and West LA to the north. These locations have seen massive growth and development, with both an influx of businesses and residents that have helped rejuvenate these markets, making them a premiere rental pocket in LA's most desirable and renter friendly pocket....
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Home facts
- Year built:1963
- Listing ID #:26663117
- Added:99 day(s) ago
- Updated:June 19, 2026 at 07:41 AM
Rooms and interior
- Bedrooms:17
- Total bathrooms:19
- Kitchen Description:Range, Refrigerator
- Living area:9,165 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1963
- Building area:9,165 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$3,350,000
- Price per sq. ft.:$365.52
Parking
- Total parking spaces:13
- Parking description:Assigned
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