Palms Nine-Unit Apartment
For Sale
$2,800,000
3344 Keystone Avenue, Los Angeles, CA 90034
Well-maintained apartment community in West Los Angeles with value-add potential.
Property Size7,638 SF
Lot Size0.17 Acres
Price / SF$366.59
Days on Market962
Property Features for 3344 Keystone Avenue
General Information
Standard status
Active
Size
7,638 SF
Lot size
0.17 Acres
Property subtype
Multi-family
Building Details
Year Built
1957
Listing Agency:
Marcus & Millichap
(213) 943-1800
Listed By:
Sean Rosenzweig · License #01406343
(714) 497-3550
Source:
Sevengables
Added: Jan 7, 2024
Changed: Aug 25
Last Checked: Aug 25 at 9:47AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,625
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue 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.
