22
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$4,200,000
Est. payment /mo
0.37 Acres Lot
New
3750 Midvale AVE Los Angeles, CA 90034
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26197968
HOA Y/N No
Year Built 1961
Lot Size 0.367 Acres
Property Sub-Type Mixed Use
Property Description
This family-owned and operated multifamily property presents an attractive long-term ownership opportunity, having been held by the same ownership group for the past 37 years. Located in a desirable pocket of Palms, the property offers new ownership a strong value-add opportunity, with approximately 51% remaining rental upside that can be captured through interior renovations and the repositioning of existing units.
The property benefits from a highly desirable location providing residents with convenient access to employment centers, retail, dining, and entertainment throughout Palms, Culver City, Mar Vista, and surrounding Westside markets. The property's location and strong rental demand provide a solid foundation for both immediate income growth and long-term appreciation.
New ownership may also have the potential to convert existing carports into attached Accessory Dwelling Units (ADUs) under California's favorable ADU regulations, providing an additional avenue for future value creation. Buyer to independently verify the feasibility, permitting requirements, and applicability of any ADU conversion.
Ideally situated near major transportation corridors, the property is located just minutes from the 10 and 405 Freeways, providing residents with convenient access throughout Los Angeles and to major employment centers across the Westside and greater Los Angeles area. The combination of long-term ownership history, significant rental upside, potential ADU upside, and a highly accessible Palms location makes this an attractive opportunity for investors seeking a well-located value-add multifamily asset.
The property benefits from a highly desirable location providing residents with convenient access to employment centers, retail, dining, and entertainment throughout Palms, Culver City, Mar Vista, and surrounding Westside markets. The property's location and strong rental demand provide a solid foundation for both immediate income growth and long-term appreciation.
New ownership may also have the potential to convert existing carports into attached Accessory Dwelling Units (ADUs) under California's favorable ADU regulations, providing an additional avenue for future value creation. Buyer to independently verify the feasibility, permitting requirements, and applicability of any ADU conversion.
Ideally situated near major transportation corridors, the property is located just minutes from the 10 and 405 Freeways, providing residents with convenient access throughout Los Angeles and to major employment centers across the Westside and greater Los Angeles area. The combination of long-term ownership history, significant rental upside, potential ADU upside, and a highly accessible Palms location makes this an attractive opportunity for investors seeking a well-located value-add multifamily asset.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Interior
Fireplace No
Laundry Common Area
Exterior
Pool Private
Community Features Biking, Sidewalks
Private Pool Yes
Building
Lot Description 16-20 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4252026012
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com, DRE #01399621
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Chrystal And David Schoenbrun
Realtor/Broker Associate License ID: 01409474 & 01761327