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31229738

3736 Westwood Blvd, Los Angeles, CA 90034 For Sale

ES
CA 00893163
Miller & Desatnik Realty Corp
Listed by Miller & Desatnik Realty Corp
$2,075,000
118 days on market
Updated 20 days ago

3736 Westwood Blvd.

Details
APN 4252-029-007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,336
Net Rentable (SqFt) 6,336
Units 7
Cap Rate 5.06%
NOI $105,038
Price per SqFt $327
Year Built 1965
Buildings 1
Stories 2
Lot Size (SqFt) 7,945
Zoning LAR3
Parking Spaces 7 spaces
Parking per 1,000 SqFt 1.10

Multifamily | 7 Units | $296,429/unit

Marketing description

Located in the heart of Los Angeles' highly desirable Westside, 3736 Westwood Boulevard benefits from a prime position in the vibrant and centrally located community of Palms. Known for its strong rental demand and diverse population of young professionals, students, and tech employees, Palms sits at the crossroads of several of the Westside's most dynamic neighborhoods including Culver City, Mar Vista, and West Los Angeles. The property is just minutes from the thriving commercial and entertainment hub of Downtown Culver City, where tenants enjoy an array of acclaimed restaurants, cafes, nightlife, and retail. Major employers including Amazon Studios, Sony Pictures Entertainment, Apple, and HBO have established a strong presence in the Culver City media and technology corridor, fueling continued population growth and housing demand throughout the surrounding neighborhoods. Residents also benefit from convenient access to several major employment and education centers. The campus of University of California, Los Angeles is a short drive away, while the nearby Westfield Century City and the creative offices throughout Culver City provide thousands of jobs within close commuting distance. Additionally, the area offers excellent regional connectivity via the Metro E Line (formerly Expo Line), providing direct rail access to Downtown Los Angeles and the beaches of Santa Monica. With its central Westside location, proximity to major employment hubs, and walkable access to dining, retail, and transit, the neighborhood surrounding 3736 Westwood Boulevard continues to experience strong tenant demand and long-term growth making it a highly attractive location for multifamily investment.

Listing Contacts

ES
CA 00893163
Miller & Desatnik Realty Corp
Listed by Miller & Desatnik Realty Corp

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$105,038.00
$8,753.17/mo

Valuation Metrics

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DSCR
5.06%
Cap Rate
5.06%
ROI

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