5-Unit Apartment Building with Rooftop
3440 West Blvd, Los Angeles, CA 90016
For Sale
Contact for pricing
Two newly constructed buildings feature contemporary residences with private outdoor space and in-unit laundry.
Property Size7,700 SF
Price / SF$453.90
Days on Market33
Property Features for 3440 West Blvd
General Information
Standard status
Size
Property subtype
Financials
Asking Price
Cap Rate
Opportunity Zone
Site & Location
Neighborhood
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
private rooftop decks
balconies
central HVAC
in-unit washer/dryer
Building Details
Year Built
Buildings
Listing Agency:
Myunits.com
Listed By:
Lauren Cearley · License CA #02146823
(209) 298-6020
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 4:32PM
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 Myunits.com
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Investment Insights
Based on property information with market context.
Completed in 2026, this five-unit apartment property comprises two buildings totaling 7,700 square feet. The mix includes three four-bedroom residences and two three-bedroom residences, with private rooftop decks serving the two three-bedroom units. Residences also have balconies, central HVAC, in-unit washers and dryers, and contemporary kitchens and bathrooms. Utilities are separately metered, and the property may be delivered vacant or leased. It is not subject to rent control and is located in an Opportunity Zone.
The property is on West Blvd in Los Angeles, near Culver City and the Expo Line. Nearby destinations listed include Alta Adams, Mizlala, Johnny's Pastrami, and Highly Likely, as well as entertainment and media companies in Culver City's corridor.
The property is on West Blvd in Los Angeles, near Culver City and the Expo Line. Nearby destinations listed include Alta Adams, Mizlala, Johnny's Pastrami, and Highly Likely, as well as entertainment and media companies in Culver City's corridor.
Key Highlights
- Five apartments across two buildings, totaling 7,700 square feet
- Unit mix: three 4‑bedroom residences and two 3‑bedroom residences
- Private rooftop decks accompany the two 3‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,899
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,980
$2.5M
Cap Rate 7%
$1,769,986
$1.8M
Cap Rate 9%
$1,376,656
$1.4M
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$244.9K $31.80/SF
− Vacancy
−$19.6K −$2.54/SF
EGI
$225.3K $29.26/SF
− OpEx
−$101.4K −$13.17/SF
NOI
$123.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,980
Cap Rate 7%
$1,769,986
Cap Rate 9%
$1,376,656
Alternative Uses
Best Use
Apartment 5plus
$1.77M
$1.55M – $2.06M
NOI $123,899 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $225,039 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two newly constructed buildings feature contemporary residences with private outdoor space and in-unit laundry.
Where is this apartment building located?
The property is located at 3440 West Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Five apartments across two buildings, totaling 7,700 square feet; Unit mix: three 4‑bedroom residences and two 3‑bedroom residences; Private rooftop decks accompany the two 3‑bedroom residences
