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Multifamily Property with Carports
New
For Sale
$4,200,000

3750 Midvale Ave, Los Angeles, CA 90034

Existing carports and interior renovation potential support a repositioning strategy.

Property Size13,210 SF
Days on Market2

Property Features for 3750 Midvale Ave

General Information

Standard status Active
Size 13,210 SF
Property subtype Investment

Building Details

Building Size 13,210 SF
Year Built 1961
Units 16
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Woody Stahl · License #01399621
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 7:36AM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 3750 Midvale Ave includes existing carports and was built in 1961. The property has remained under the same family ownership for 37 years, and the current strategy centers on renovating interiors and repositioning existing units to increase rental performance. Existing carports may also offer potential for conversion to attached ADUs, subject to independent verification of permitting, feasibility, and applicable California regulations.

The property is in Palms, with access to employment centers, retail, dining, and entertainment in Palms, Culver City, Mar Vista, and nearby Westside markets. Its location near the 10 and 405 Freeways connects residents with Los Angeles and employment centers across the Westside and greater Los Angeles area. Walk Score, Bike Score, and Transit Score are 90, 82, and 61, respectively.

Key Highlights

  • Approximately 51% remaining rental upside identified through unit renovations and repositioning
  • Existing carports may offer attached ADU conversion potential, subject to verification
  • Built in 1961 and held by the same ownership group for 37 years

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,773
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
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Existing carports and interior renovation potential support a repositioning strategy.
Where is this multifamily property located?
The property is located at 3750 Midvale Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Approximately 51% remaining rental upside identified through unit renovations and repositioning; Existing carports may offer attached ADU conversion potential, subject to verification; Built in 1961 and held by the same ownership group for 37 years
More about this property
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