Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.
Additional Features
- Wall Furnace
- Two
- Parking spaces: 45.00
- Listing Status: Active
- Listing Agent: Daniel John Cavanaugh
(lic# 00576151)
of Beverly Hills/Greater LA
- Listing Office: Cavanaugh Realtors
(lic# 01235179)
- CO-Listing Agent: Julio Leyva
(lic# 01334827)
of Beverly Hills/Greater LA
- CO-Listing Office: Cavanaugh Realtors
(lic# 01235179)
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Based on information from CRISNet MLS as of 1st August 2026 at 1:31am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
