$9,995,000
3585 S Sepulveda Boulevard, Los Angeles CA 90034
Multi-Family (42 Units)
Property type
57 days
On market
$399
Price per sqft
N/A
Garage
1948
Year built
41,279 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Daniel John Cavanaugh DRE #00576151 310-837-7161, Cavanaugh Realtors, Julio Leyva DRE #01334827 310-837-7161, Cavanaugh Realtors
Listing updated: Apr 16, 2026 at 07:19am.
Last checked: Jun 5, 2026 at 06:01pm
Source: CRMLS #26687311
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 0 | 1 | — | $12,424 | $12,424 | $12,424 | Unfurnished |
| 32 | 1 | 1 | — | $52,660 | $52,660 | $52,660 | Unfurnished |
| 1 | 2 | 1 | — | $2,318 | $2,318 | $2,318 | Unfurnished |
| 1 | 3 | 1 | — | $3,095 | $3,095 | $3,095 | Unfurnished |
# of Buildings: 3
# of Units Total: 42
Disposal: 42
Refrigerator: 42
Financial Snapshot
Gross Rent Multiplier
11.7x
List Price / Annual Gross Rent
Cap Rate
4.5%
NOI / List Price
Net Operating Income: $454,136
Interior
Heating: Wall Furnace
Appliances: Disposal, Refrigerator
Laundry: Common Area, Laundry Room
Exterior
Stories Total: 2
Levels: Two
Roof: Composition
Pool: In Ground, Permits, Private
Sewer: Other
Garage and Parking
Parking: Assigned, Covered, Uncovered
Parking Total: 45
Lot Information
Land Lease: No
Parcel #: 4252003006
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 3585 S Sepulveda Boulevard, Los Angeles, CA 90034. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$7,996,000
Total Interest
$10,198,457
Total Payment
$18,194,457
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$61,102
per month
Property History for 3585 S Sepulveda Boulevard
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90034.
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