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Millman Team Real Estate

$9,400,000
36 Bed
42 Bath
25,050 Sqft
0.95 Acre Lot

3585 S Sepulveda Boulevard, Los Angeles, California 90034

  • Residential Income Property Type
  • 25,050 Sqft Square Footage
  • Covered Cars Garage
  • 1948 Year Built
Property Description

Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41, 275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe’s, CVS, and the upcoming Whole Foods Market.

Basic Details
Residential Income
For Sale
26687311
$9,400,000
36
42
25,050 Sqft
1948
0.95 Acre
Active
: Composition
Features
: Private, In Ground, Permits
: Wall Furnace
: Covered, Assigned, Uncovered
: Laundry Room, Common Area
1
: Other
$0
Appliances
: Disposal, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90034
Sepulveda
3585
Boulevard
W119° 34' 44.9''
N34° 1' 0.6''
South of Palms Blvd., North of Venice Blvd.
C13 - Palms - Mar Vista
S
LAR3
Additional Information
$0
$0
$0
$0
$0
25050
: Two
42
2026-04-08
9995000
2
2
Broker/Agent Information
Cavanaugh Realtors
Daniel John Cavanaugh
Listing Information
Julio Leyva
CLW-X52786
CLW-C07517
Cavanaugh Realtors
CLW-C62007
CLW-C07517
Active
2026-07-08T22:59:12Z
CRMLS
: Standard
2026-04-08T00:00:00Z
Agent info
Ray Millman
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