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4-Unit Courtyard Quadplex
New
For Sale
$2,100,000

3670 Greenfield Ave, Los Angeles, CA 90034

A renovated three-bedroom residence will be vacant at closing, alongside three tenanted units.

Property Size4,110 SF
Lot Size0.11 Acres
Price / SF$510.95
Days on Market2

Property Features for 3670 Greenfield Ave

General Information

Standard status Active
Size 4,110 SF
Lot size 0.11 Acres
Property subtype Multifamily
Zoning LARD2

Financials

Asking Price $2,100,000
Cap Rate 5.07%
Gross Rent Multiplier 12.54

Units

Unit Mix 1 x 1BR/1BA, 3 x 3BR/2BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

common area patio
tenant storage
in-unit fireplaces
private balconies
wall AC units
4-unit courtyard building in the highly sought-after Palms neighborhood of Los Angeles.
The property is comprised of one 1-bedroom/1-bath unit and three 3-bedroom/2-bath units, totaling approximately 4,110 gross square feet on a 4,995 SF LARD2-zoned lot.
Select units feature in-unit fireplaces, private balconies, and wall AC units.

Building Details

Building Size 4,110 SF
Buildings 1
Units 4
Listing Agency: Marcus & Millichap
Listed By: Neema Ahadian · License #License(s): CA: 01346750
Source: Marcusmillichap
Added: Oct 1 Last Checked: Oct 1 at 2:25PM

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.

This four-unit courtyard property contains approximately 4,110 gross square feet on a 4,995 SF lot zoned LARD2. The unit mix includes one 1-bedroom/1-bath residence and three 3-bedroom/2-bath residences. One 3-bedroom/2-bath unit will be delivered vacant at closing after a renovation that included a new kitchen and appliances, updated bathrooms, vinyl windows and doors, new lighting, and a combination of through-wall and mini-split air conditioning. Select residences have fireplaces, private balconies, or wall AC units. Additional features include a shared rear patio, tenant storage in the tuck-under parking structure, and separately metered gas and electric for each unit.

The property is in Los Angeles, with Culver City, the Culver City Arts District, Downtown Culver City, Sony Pictures Studios, and the Amazon Studios campus among the named nearby destinations. Retail along Venice Boulevard and Washington Boulevard is described as walkable. Playa Vista, Century City, Santa Monica, and Marina del Rey are also identified as employment centers in the broader trade area.

Key Highlights

  • Four units totaling approximately 4,110 gross square feet on a 4,995 SF LARD2‑zoned lot
  • Unit mix: one 1‑bedroom/1‑bath unit and three 3‑bedroom/2‑bath units
  • One renovated 3‑bedroom/2‑bath residence to be vacant at closing

Property Analytics

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Current Use

Thalita Beauty Cosmetic Store

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,743
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - A renovated three-bedroom residence will be vacant at closing, alongside three tenanted units.
Where is this quadplex located?
The property is located at 3670 Greenfield Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four units totaling approximately 4,110 gross square feet on a 4,995 SF LARD2‑zoned lot; Unit mix: one 1‑bedroom/1‑bath unit and three 3‑bedroom/2‑bath units; One renovated 3‑bedroom/2‑bath residence to be vacant at closing
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