3766 S Canfield Avenue, Los Angeles, CA, 90034

  • $3,300,000
  • $3,300,000
3766 S Canfield Avenue , Los Angeles, CA 90034
Active For Sale
3766 S Canfield Avenue , Los Angeles, CA 90034
  • $3,300,000
  • $3,300,000

Description

3766 S Canfield Avenue is an 9 unit property (configured as 11 units) that is part of the “Canfield Portfolio,” a 2-property multifamily portfolio opportunity located in highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The “Canfield Portfolio” offers a diverse mix of unit types, ranging from studios to 3+2 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 25% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the “Canfield Portfolio” presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)

  • Address 3766 S Canfield Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90034

Details

Updated on February 12, 2024 at 4:31 pm
  • Property ID: 23278373
  • Price: $3,300,000
  • Land Area: 0.1476 Acres
  • Year Built: 1962
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: Wall/Window Unit(s)
  • Zone: LAR3
  • Parking: Driveway,Carport
  • Days On Market: 250
  • LotSize Dimensions: 50x125
  • LotSize SquareFeet: 6428.00

Features

Listed by

Kidder Mathews of California, Inc.
Agent Name : Scott Rosenberg
Agent State License : 01456686

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