3585 S Sepulveda Boulevard Los Angeles, CA ^$ 9,995,000

3585 S Sepulveda Boulevard

^$ 9,995,000

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Recently Listed

3585 S Sepulveda Boulevard

Los Angeles, CA, 90034

^$ 9,995,000

Bedrooms36 Baths8.0 Sq 25,050

Monthly Estimate*

^$ 61,541

Listed by Cavanaugh Realtors

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Multi-Family Home for sale in Los Angeles, CA

for $9,995,000 with 36 bedrooms and 8 full baths. This 25,050 square foot home was built in 1948 on a lot size of 0.9476.

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.

Multi-Family Active

Price

^$ 9,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.9476

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26687311

Days on Market

Features

General

Living Area 25050

Sewer Other

Heating Wall Furnace

Roof Composition

Appliances Disposal Refrigerator

Zoning LAR3

Pool Features In Ground Permits Private

Year Built 1948

Stories Count 2

Levels Two

Gross Income 855046

County Los Angeles

Net Operating Income 454136

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Palms Blvd. North of Venice Blvd.

City Los Angeles

Disclosures Seller Disclosure

Senior Community Y/N false

Number Of Units Total 42

MLS Area C13 - Palms - Mar Vista

Lot Size Units Square Feet

Lot Size Square Feet 41279

Standard Status Active

Cap Rate 4.5

Interior

Total Stories 2

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Common Area Laundry Room

Total Bedrooms 36

Total Baths 42

Exterior

Parking Features Assigned Covered Uncovered

Total Parking 45

Lot Size Area 41279

Number of Buildings 3

Building Area Total 25050

Lot Size Acres 0.9476

Private Pool true

Lot Size Source Assessor

* Excluded Features

List By

Cavanaugh Realtors

Broker

dcavanaugh@cavanaughrealtors.com

Affordability Calculator

$61,541

Per Month

Monthly Principal & Interest: $61,541
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$1,884,270

Percent of Sale Price 81%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$9,995,000		Listed Price

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3585 S Sepulveda Boulevard, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $9,995,000 with 25,050 sqft and a lot size of 0.9476. 3585 S Sepulveda Boulevard has 36 bedrooms, 8.0 baths, and was built in 1948. 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 6.25% 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 4/11/2026. 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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3585 S Sepulveda Boulevard

Multi-Family Home for sale in Los Angeles, CA

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