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33234876
33234882

3815 McLaughlin Avenue, Los Angeles, CA 90066

CE
CA 01363007
Investment Real Estate Associates
WE
CA 01417157
Investment Real Estate Associates
JK
CA 01947051
Investment Real Estate Associates
Listed by Investment Real Estate Associates
$15,750,000
3 days on market
Updated 0 days ago

3815 McLaughlin Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 24,196
Units 28
Year Built 1989
Ground Lease No

28 Units | West Los Angeles, CA

Marketing description

  • OVER 10% UPSIDE: Current Rent Over 10% Below Market. AB 1482 Building Allows 8.7% Increases as of August 2026
  • MOST UNITS FULLY RENOVATED with All New Kitchens, Bathrooms, Flooring, Washer/Dryer Installed
  • PARKING 54 On-Grade Gated Parking Spaces
  • CELL TOWER LEASE Long Term T-Mobile Lease with 3% annual increases
  • PRIME LOCATION Desirable West Los Angeles Neighborhood

Investment highlights

3815 McLaughlin Ave is an architecturally unique multifamily apartment building with 28-units. Just south of Venice Blvd it's located in the Mar Vista neighborhood of West Los Angeles. The subject property is in close proximity to several highly desirable Westside neighborhoods, including Culver City, Venice, West LA, Marina del Rey, Palms, and Santa Monica.

3815 McLaughlin Ave offers a highly unique unit mix with several units featuring vaulted ceilings and oversized lofts including four studio loft units, one studio, nine 1+1 units, five 1+1 loft units, two 1+1 office loft units, six 2+2 units, and one 2+2 office loft unit. The current ownership has completed extensive renovations to most units, including brand-new kitchens and bathrooms, updated flooring, and installing washers and dryers. Amenities include on-site laundry, available storage units, a beautiful landscaped courtyard with waterfalls and ponds, and on-grade covered, gated parking for all tenants.

As a turn-key investment, 3815 McLaughlin Ave would be a strong addition to any Westside apartment portfolio and would also be ideal for a first-time buyer seeking a long-term pride-of-ownership asset. The investment also offers multiple value-add components, including the potential for condominium conversion.

Listing Contacts

CE
CA 01363007
Investment Real Estate Associates
WE
CA 01417157
Investment Real Estate Associates
JK
CA 01947051
Investment Real Estate Associates
Listed by Investment Real Estate Associates

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