Corner Lot Multifamily with
For Sale
Contact for pricing
3204 Palmer Drive, Los Angeles, CA 90065
Two separate 1+1 and 2+1 units on a corner lot, with three closed garages and separately metered utilities.
Property Size2,073 SF
Price / SF$624.70
Days on Market58
Property Features for 3204 Palmer Drive
General Information
Standard status
Active
Size
2,073 SF
Total Parking Spaces
3
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
3
Amenities
laundry room / sun room
private yard
garages
Listing Agency:
Stevenson Real Estate Services
(626) 826-2431
Listed By:
Randy Stevenson · License #CA 91202
Source:
Crexi
Added: Jun 17
Changed: Jul 21
Last Checked: Aug 2 at 5:03PM
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 Stevenson Real Estate Services
Investment Insights
Based on property information with market context.
This corner lot multifamily property offers 1+1 and 2+1 configurations, with both units having been separately metered for electricity and gas. Each unit includes its own hot water heater, window or through-the-wall air conditioning, and a wall furnace. The property includes a permitted laundry room/sun room, a private yard, and direct access from a garage. There are three closed garages on site.
The building has had major updates, including copper re-piping, a sewer line lined from the structure to the public right-of-way, and a roof replacement within the past two years. Andersen Tilt Wash windows are installed, and the building was tented for termites within the last three years.
The current layout includes one 2+1 unit that is vacant and a 1+1 unit that is currently vacant, creating an owner-user option depending on tenant arrangements. The possibility of combining the vacant 2+1 with the adjacent 1+1 to form a larger unit is subject to relocation of the existing 1+1 tenant and buyer verification with the City of Los Angeles. The buyer should also verify any ADU addition potential with the city.
The building has had major updates, including copper re-piping, a sewer line lined from the structure to the public right-of-way, and a roof replacement within the past two years. Andersen Tilt Wash windows are installed, and the building was tented for termites within the last three years.
The current layout includes one 2+1 unit that is vacant and a 1+1 unit that is currently vacant, creating an owner-user option depending on tenant arrangements. The possibility of combining the vacant 2+1 with the adjacent 1+1 to form a larger unit is subject to relocation of the existing 1+1 tenant and buyer verification with the City of Los Angeles. The buyer should also verify any ADU addition potential with the city.
Key Highlights
- Corner lot multifamily with two unit types: 1+1 and 2+1, plus 1 unit currently vacant
- Two separate units with direct access from a garage and three closed garages
- Separately metered electricity and gas; each unit has its own hot water heater
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate 1+1 and 2+1 units on a corner lot, with three closed garages and separately metered utilities.
Where is this duplex located?
The property is located at 3204 Palmer Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Corner lot multifamily with two unit types: 1+1 and 2+1, plus 1 unit currently vacant; Two separate units with direct access from a garage and three closed garages; Separately metered electricity and gas; each unit has its own hot water heater
