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.
For sale
$2,500,000
3662 Keystone Ave, Los Angeles, CA 90034
10beds
11baths
7,512sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
- 597 days
- 48
- 4
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#: 25501053
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
- 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
$2,646/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Price change | $2,500,000-3.7%$333/sqft |
Source: | ||
| 4/3/2025 | Price change | $2,595,000-3.9%$345/sqft |
Source: | ||
| 2/25/2025 | Listed for sale | $2,700,000-10%$359/sqft |
Source: | ||
| 7/11/2024 | Listing removed | $3,000,000$399/sqft |
Source: CSMAOR #224001038 Report a problem | ||
| 3/22/2024 | Listed for sale | $3,000,000$399/sqft |
Source: CSMAOR #224001038 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







