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30-Unit Apartment Building
New
For Sale
$16,500,000

3144 S Canfield Ave, Los Angeles, CA 90034

Built in 1988, the property features a courtyard pool, elevator, controlled access, on-site laundry, and subterranean parking.

Property Size35,499 SF
Lot Size0.51 Acres
Price / SF$464.80
Days on Market4

Property Features for 3144 S Canfield Ave

General Information

Standard status Active
Size 35,499 SF
Elevators Yes
Lot size 0.51 Acres
Property subtype MULTI_FAMILY
Zoning LAR3
Net Operating Income $806,482

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 28 x 2BR/2BA, 1 x 3BR/2BA, 1 x 1BR
Multifamily Units 30

Additional Details

Cap Rate 4.89%

Amenities

pool
sundeck
controlled access
on-site laundry
subterranean parking

Building Details

Building Size 35,499 SF
Year Built 1988
Listing Agency: REMAX COMMERCIAL & INVESTMENT REALTY
Listed By: Jacob Plewa · License #02041641
Source: Benbelack
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 12:11AM

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 REMAX COMMERCIAL & INVESTMENT REALTY

Rey
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Investment Insights

Based on property information with market context.

This 30-unit apartment property was completed in 1988 and is exempt from the LA RSO. Its 35,499-square-foot building occupies a 22,097-square-foot LAR3 lot. The unit mix includes 28 two-bedroom, two-bath residences averaging 1,100 square feet, one 1,800-square-foot three-bedroom, two-bath residence, and one one-bedroom unit. Many apartments have private balconies and updated interiors. Shared amenities include a courtyard pool and sundeck, elevator, controlled entry, laundry facilities, and subterranean parking.

The property is in Los Angeles’ Castle Heights neighborhood. Downtown Culver City is a two-minute drive away, and the Metro E Line is a 13-minute walk. The site also offers access to the 10 and 405 freeways, with Sony Pictures Studios, Century City, and Kaiser Permanente West LA among the nearby employment centers.

Key Highlights

  • 30 apartments in a 35,499‑square‑foot building on a 22,097‑square‑foot LAR3 lot
  • Unit mix: 28 two‑bedroom/two‑bath units averaging 1,100 square feet; one 1,800‑square‑foot three‑bedroom/two‑bath; one one‑bedroom
  • Built in 1988 and exempt from the LA RSO

Property Analytics

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Lease Details

30
Residential units
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1988, the property features a courtyard pool, elevator, controlled access, on-site laundry, and subterranean parking.
Where is this apartment building located?
The property is located at 3144 S Canfield Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: 30 apartments in a 35,499‑square‑foot building on a 22,097‑square‑foot LAR3 lot; Unit mix: 28 two‑bedroom/two‑bath units averaging 1,100 square feet; one 1,800‑square‑foot three‑bedroom/two‑bath; one one‑bedroom; Built in 1988 and exempt from the LA RSO
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