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Palms Nine-Unit Apartment Community

3344 Keystone Av, Los Angeles, CA 90034

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For Sale

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Well-maintained apartment community in West Los Angeles with value-add potential.

Type:Multifamily

Property size:

7,638 SF

Lot size:

0.17 Acres

Price / SF:

$366/SF

HighLights

Value‑add opportunity: Convert six 1‑bedroom units into 2‑bedroom units and add an ADU.
Prime location in Palms, bordering Culver City, with convenient access to the I‑10 Freeway and Venice Boulevard.
Strong rental market due to proximity to major tech companies like Google, Apple, Tesla, and Amazon.
Diverse unit mix of studio, one‑bedroom, and two‑bedroom units.
Upgraded units feature new flooring, quartz countertops, stainless steel appliances, and AC.
Amenities include large floor plans, balconies, on‑site parking, and laundry facilities.

We can help!

Contact an agent

Sean Rosenzweig

For Sale

Contact for pricing

Well-maintained apartment community in West Los Angeles with value-add potential.

Type:Multifamily

Property size:

7,638 SF

Lot size:

0.17 Acres

Price / SF:

$366/SF

Added:: Feb 1, 2024
Days on Market:: 888
Last Refresh:: Jul 2 at 7:18 am

Property Features for 3344 Keystone Av

General Information

Standard status: Active
Size: 7,638 SF
Lot size: 0.17 Acres
Property subtype: Multifamily

Building Details

Year Built: 1957

We can help!

Contact an agent

Sean Rosenzweig

Listing office Marcus & Millichap - Los Angeles

Listing date Feb 1, 2024

Source Crexi

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 Marcus & Millichap - Los Angeles

HighLights

Value‑add opportunity: Convert six 1‑bedroom units into 2‑bedroom units and add an ADU.
Prime location in Palms, bordering Culver City, with convenient access to the I‑10 Freeway and Venice Boulevard.
Strong rental market due to proximity to major tech companies like Google, Apple, Tesla, and Amazon.
Diverse unit mix of studio, one‑bedroom, and two‑bedroom units.
Upgraded units feature new flooring, quartz countertops, stainless steel appliances, and AC.
Amenities include large floor plans, balconies, on‑site parking, and laundry facilities.

Overview

Located in Palms, a residential neighborhood bordering Culver City, the property at 3344 Keystone Avenue is a nine-unit apartment community. Situated east of Overland Avenue and north of Palms Boulevard, it is located three blocks from the I-10 Freeway and one block north of Venice Boulevard. The property provides access to Beverly Hills, Century City, Marina Del Rey, Santa Monica, and Venice. The area provides access to West LA, Downtown Culver City, and employment opportunities with tech companies including Google, Apple, Tesla, and Amazon nearby. Situated on a 7,496 square foot lot, the property consists of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, and AC. There are plans to convert all six of the one-bedroom units to two-bedroom units, as well as the ability to add an Additional Dwelling Unit (ADU). The property is professionally managed and offers large floor plans, balconies, on-site parking, and laundry. The Los Angeles County Assessor indicates 7,638 square feet. The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor’s Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units.

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City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.41203
Latitude: 34.02724

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For sale
Apartment buildings
CA
Los Angeles
90034
3344 Keystone Av

What type of property is this?

Apartment building - Well-maintained apartment community in West Los Angeles with value-add potential.

Where is this apartment building located?

The property is located at 3344 Keystone Av Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Value‑add opportunity: Convert six 1‑bedroom units into 2‑bedroom units and add an ADU.; Prime location in Palms, bordering Culver City, with convenient access to the I‑10 Freeway and Venice Boulevard.; Strong rental market due to proximity to major tech companies like Google, Apple, Tesla, and Amazon.