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Multifamily Investment in Palms
For Sale
$2,550,000

3126 S Canfield Ave, Los Angeles, CA 90034

Eight-unit complex in Castle Heights pocket of Palms.

Property Size7,321 SF
Lot Size0.18 Acres
Price / SF$348.31
Days on Market137

Property Features for 3126 S Canfield Ave

General Information

Standard status Active
Size 7,321 SF
Lot size 0.18 Acres
Property subtype Multifamily
Listing Agency: CB Richard Ellis, Inc.
Listed By: Adam Peterson · License #1815802
Source: Cbre
Added: Apr 15 Changed: Aug 25 Last Checked: Aug 29 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB Richard Ellis, Inc.

Investment Insights

Based on property information with market context.

Located in the Castle Heights area of Palms, 3126 S. Canfield Avenue is an eight-unit multifamily property. Constructed in 1967, the complex provides approximately 7,321 square feet of living area on an 8,005-square-foot lot. The unit mix includes several three-bedroom and two-bedroom floor plans.

Key Highlights

  • Multifamily investment opportunity in the upscale Castle Heights pocket of Palms.
  • Strong unit mix featuring expansive three‑bedroom and two‑bedroom floor plans.
  • Located in the Hamilton High School district, appealing to families.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop Butcher (Bike/Boat/Book/etc) Store Tanning Salon Tattoo & Piercing Shop Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,064
Businesses Nearby

Demographics for 90034, CA

57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit complex in Castle Heights pocket of Palms.
Where is this apartment building located?
The property is located at 3126 S Canfield Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Multifamily investment opportunity in the upscale Castle Heights pocket of Palms.; Strong unit mix featuring expansive three‑bedroom and two‑bedroom floor plans.; Located in the Hamilton High School district, appealing to families.
More about this property
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