$5,650,000

Estimated payment $35,429/month

27 Beds
28 Baths
15,416 Sq Ft
$367 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Venice High School Rated A
  • 21 Attached Carport Spaces

About This Home

This property is being sold together with 3723 Inglewood. First time on the market in 44 years! This 21-unit property presents an incredible opportunity to add value to a very desirable asset in a premium location. The property is split on two parcels with a courtyard and pool in the center. No onsite manager is required. Built in 1962, the two structures totals 15,416 SF situated on a 16,754 SF lot. The unit mix consists of (7) 2Bed/2Bath, (13) 1Bed/1Bath and (1) Non-conforming Studio unit. There are 21 parking spaces. Recent upgrades include roof, sewer and electrical sub-panels. The property has been professionally managed for years and offers 31% rental upside. There is on-site laundry.

Listing Agent

Keith Moret

Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 11/13/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Nick Ensbury

Lyon Stahl Investment Real Estate, Inc. License #02012167

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 16,754 Sq Ft Lot

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 15,416 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 28 Bathrooms

Parking

  • 21 Parking Spaces
  • 21 Attached Carport Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4248-029-038

Community Details

Overview

  • 21 Units

Building Details

  • Rent Control
  • Vacancy Allowance $14,395

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 15416
  • Lot Acreage: 0.1921
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 27
  • Laundry Equipment: Lease
  • Total Bathrooms: 28.00
  • Equipment: Garbage Disposal, Dryer, Washer
  • Price Per S Q F T: 366.50

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Spaces: 21
  • Covered Parking: 21
  • Parking Garage: Carport Attached, Assigned
  • Total Parking: 21

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 32.15
  • Assessed Improvement Value: 1020000
  • Assessed Land Percent: 67.85
  • Assessed Land Value: 2152200
  • Total Assessed Value: 3172200
  • Assessor Parcel Number: 4248-029-038
  • Lot Size Area: 16754

Rental Info

  • Total Actual Rent: 475344.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.77
  • Number Of Units: 21
  • Rent Control: 100
  • Type Of Units: Residential
  • Vacancy Allow: 14395
  • Vacancy Allow Percent: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $5,650,000 -- $367 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25619109

The MLS