Properties

Los Angeles, CA 90066 3945 Frances Avenue

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Presented By: Peter James with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 26663117
  • 03/11/2026
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  • Beds • 17
  • Baths • 6
  • SQFT • 9,165

Home Details

3945 Frances is an opportunity to acquire a 19 unit offering in a prime pocket of Mar Vista, adjacent to multi-million dollar homes. The property consists of 19 units, of which, (6) bachelor units are non-conforming. The current unit mix is (13) 1 bed, 1 bath and (6) bachelor, 1 bath units spread out across 9,165 square feet. The building was built in 1963 and sits on a 9,976 square foot lot zoned LAR3. There are currently 2 vacant 1 bed, 1 bath units that offer an investor the opportunity to capture immediate upside. With it's central location on the Westside, the Mar Vista submarket captures premium rents and the ability to increase cash flow on day one. The building offers on-site laundry facilities and 13 parking spaces, a necessary amenity in this part of town. Mar Vista has benefited from it's location, adjacent to Venice to the west, Culver City to the south, and West LA to the north. These locations have seen massive growth and development, with both an influx of businesses and residents that have helped rejuvenate these markets, making them a premiere rental pocket in LA's most desirable and renter friendly pocket.
Presented By: Peter James with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 3945 Frances Avenue

Bedrooms

Total Bedrooms17

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths19

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

General for 3945 Frances Avenue

AppliancesRange, Refrigerator
Cap Rate6.63
CityLos Angeles
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsCorner of Frances and Caswell, south of Venice Blvd and north of Washington Pl.
Facing DirectionEast
Full Baths
Gross Income352020
HOANo
HeatingWall Furnace
Land Lease Y/NNo
LevelsTwo, Multi/Split
Living Area9165
Lot Size Square Feet9979
Lot Size UnitsSquare Feet
MLS AreaC13 - Palms - Mar Vista
Net Operating Income222152
New ConstructionNo
Number Of Units Total19
Pool FeaturesNone
PostalCityLOS ANGELES
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysElectricity
ViewNone
Year Built1963
ZoningLAR3

Exterior for 3945 Frances Avenue

Building Area Total9165
Lot Dimensions142x72
Lot FeaturesRectangular Lot
Lot Size Acres0.2291
Lot Size Area9979
Number of Buildings1
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking13

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 $3,350,000
MLS#26663117
List Date 03/11/2026
Property Type Multi-Family
Phone 888.795.6274
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