Properties

Los Angeles, CA 90034 3344 Keystone Avenue

3344 Keystone Avenue Los Angeles, CA - Image 13344 Keystone Avenue Los Angeles, CA - Image 23344 Keystone Avenue Los Angeles, CA - Image 3
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3344 Keystone Avenue Los Angeles, CA - Image 43344 Keystone Avenue Los Angeles, CA - Image 53344 Keystone Avenue Los Angeles, CA - Image 63344 Keystone Avenue Los Angeles, CA - Image 73344 Keystone Avenue Los Angeles, CA - Image 83344 Keystone Avenue Los Angeles, CA - Image 93344 Keystone Avenue Los Angeles, CA - Image 103344 Keystone Avenue Los Angeles, CA - Image 11
Presented By: Sean Rosenzweig with Marcus & Millichap;
  • MLS# 24354097
  • 02/01/2024
  • Get pre-approved
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  • Beds • 10
  • Baths • 1
  • SQFT • 7,638

Home Details

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter.** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 3344 Keystone Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 3344 Keystone Avenue

Cap Rate5.99
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
DirectionsEast of Overland Avenue & South of Rose Avenue
Full Baths
Gross Income253159
HOANo
HeatingCentral
LevelsTwo, Multi/Split
Living Area7638
Lot Size Square Feet7496
Lot Size UnitsSquare Feet
MLS AreaC13 - Palms - Mar Vista
Net Operating Income167664
New ConstructionNo
Number Of Units Total9
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1957
Year Built SourceAssessor
ZoningLAR3

Exterior for 3344 Keystone Avenue

Building Area Total7638
Lot Size Acres0.1721
Lot Size Area7496
Lot Size SourceAssessor
Number of Buildings1
Total Parking11

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,800,000
MLS#24354097
List Date 02/01/2024
Property Type Multi-Family
Phone 888.795.6274
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