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For sale
  • $2,500,000

    3662 Keystone Ave, Los Angeles, CA 90034

    10beds
    11baths
    7,512sqft
    : 
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    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $333/sqft
    $-- HOA

    What's special

    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.
    502 days
    |
    108
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter James DRE # 01748556 310-467-7581,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    William James DRE # 01734419 310-600-9858,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 25501053MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 11
      Heating
      • Wall
      Cooling
      • None
      Appliances
      • Included: Range, Oven, Gas Cooking Appliances, Range/Oven, Refrigerator, Gas Water Heater
      • Laundry: Laundry Area
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 7,512
      • Total interior livable area: 7,512 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Tandem, Side By Side, Assigned, Covered
      Features
      • Levels: Multi/Split
      • Stories: 2
      • Exterior features: Balcony
      • Pool features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,501 Square Feet
      • Features: Rectangular Lot
      Details
      • Additional structures: None
      • Parcel number: 4314009024
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco, Wood Siding
      • Roof: Rolled/Hot Mop
      Condition
      • Year built: 1961

      Utilities & green energy

      • Sewer: In Street
      • Water: Public

      Community & HOA

      Community
      • Security: Gated
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $333/sqft
      • Tax assessed value: $303,764
      • Date on market: 2/25/2025
      • Tenant pays: Gas, Electricity
      • Road surface type: Alley Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,048/mo

        Price history

        DateEventPrice
        5/8/2025Price change$2,500,000-3.7%$333/sqft
        Source: CLAW #25501053 Report a problem
        4/3/2025Price change$2,595,000-3.9%$345/sqft
        Source: CLAW #25501053 Report a problem
        2/25/2025Listed for sale$2,700,000-10%$359/sqft
        Source: CLAW #25501053 Report a problem
        7/11/2024Listing removed$3,000,000$399/sqft
        Source: CSMAOR #224001038 Report a problem
        3/22/2024Listed for sale$3,000,000$399/sqft
        Source: CSMAOR #224001038 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Palms

        Getting around

        89 / 100
        Very Walkable
        62 / 100
        Good Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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