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Listed by Woody Stahl, DRE #01399621 • Lyon Stahl Investment Real Est
$ 4,200,000
Est. payment /mo
Active
3750 Midvale AVE Los Angeles, CA 90034
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26197968
Year Built 1961
Lot Size 0.367 Acres
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Interior
Laundry Laundry Area
Exterior
Pool Pool - Yes
Building
Water District - Public
Others
Tax ID 4252026012
Special Listing Condition Not Applicable
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