3126 S Canfield Avenue Los Angeles, CA ^$ 3,250,000

3126 S Canfield Avenue

^$ 3,250,000

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3126 S Canfield Avenue

Los Angeles, CA, 90034

^$ 3,250,000

Bedrooms11 Baths13.0 Sq 7,321

Monthly Estimate*

^$ 22,702

Listed by Kidder Mathews of California, Inc.

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 1

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 2

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 3

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 4

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 5

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 6

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 7

3126 S Canfield Avenue, Los Angeles, CA 90034 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $3,250,000 with 11 bedrooms and 13 full baths. This 7,321 square foot home was built in 1967 on a lot size of 0.1838.

3126 S Canfield Avenue is an 8-unit property that is part of the "Canfield Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Canfield Portfolio" offers a diverse mix of unit types, ranging from studios to 3+2 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 25% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "Canfield Portfolio" presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)

Multi-Family Active

Price

^$ 3,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1838

Year Built

1967

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23278395

Days on Market

325

Features

General

Cooling WallWindowUnits

Appliances Dryer Washer

Zoning LAR3

Year Built 1967

Stories 2

Levels Two

Gross Income 199200.0

County Los Angeles

Net Operating Income 129972.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Located in the Beverlywood Vicinity close to other great neighborhoods such as Palms/Mar Vista and Culver City.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C09 - Beverlywood Vicinity

Lot Size Square Feet 8005.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Canfield

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 296

Standard Status Active

Occupancy Description Tenant

Cap Rate 4.0

Exterior

Parking Features Covered

Total Parking 0.0

Lot Size Area 8005.0

Number of Buildings 1

Spa N

Building Area Total 7321.0

Lot Size Acres 0.1838

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 11

Electric On Property Y/N N

Total Baths 13

Internal Only

Street Number 1 3126

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(310) 889-8738

Phone

Affordability Calculator

$22,702

Per Month

Monthly Principal & Interest: $22,702
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 38%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$3,250,000	-7.14%	Price Down
6/8/2023	$3,500,000		Listed Price

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3126 S Canfield Avenue, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $3,250,000 with 7,321 sqft and a lot size of 0.1838. 3126 S Canfield Avenue has 11 bedrooms, 13.0 baths, and was built in 1967. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3126 S Canfield Avenue

Multi-Family Home for sale in Los Angeles, CA

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