The Bahamas Apartment
For Sale
$3,150,000
3942 Stevely Ave, Los Angeles, CA 90008
Two-story multifamily property with a courtyard pool, on-site laundry, and controlled entry with a call box.
Property Size18,580 SF
Price / SF$169.54
Days on Market50
Property Features for 3942 Stevely Ave
General Information
Standard status
Active
Size
18,580 SF
Property subtype
Multifamily
Occupancy
65%
Units
Unit Mix
2 x studio, 9 x 1+1, 3 x 2+1.5, 6 x 2+2
Multifamily Units
20
Amenities
community pool
on-site laundry room
gated entry
Excellent Unit Mix
Gated Access with Centrally located Pool Courtyard
Offers Tremendous Upside through Interior Renovation of Vacant Units
Building Details
Building Size
18,580 SF
Buildings
1
Stories
2
Units
20
Listed By:
Maurius Beaner-Jeffery · License #License(s): CA: 01738154
(213) 943-1837
Source:
Marcusmillichap
Added: Aug 28
Changed: Oct 12
Last Checked: Oct 16 at 5:41AM
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 Maurius Beaner-Jeffery
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Investment Insights
Based on property information with market context.
The Bahamas is a 20-unit multifamily property at 3942 Stevely Ave in Los Angeles. The asset consists of a two-story building with 18,580 gross square feet, a central courtyard pool, an on-site laundry room, and gated entry supported by a call box. The unit mix includes two studios, nine one-bedroom/one-bath units, three two-bedroom/one-and-a-half-bath units, and six two-bedroom/two-bath units.
Seven units are vacant, including two identified as rent-ready, and seven of the 20 units are scheduled to be delivered vacant. The property is located in the Los Angeles RSO submarket within Baldwin Village. Nine significant development projects are under construction or completed within a 2-mile radius, representing more than $2.83B in total development and $834MM in private capital.
Seven units are vacant, including two identified as rent-ready, and seven of the 20 units are scheduled to be delivered vacant. The property is located in the Los Angeles RSO submarket within Baldwin Village. Nine significant development projects are under construction or completed within a 2-mile radius, representing more than $2.83B in total development and $834MM in private capital.
Key Highlights
- 20‑unit multifamily property in Baldwin Village
- 18,580 gross square feet in one two‑story building
- Unit mix includes 2 studios, 9 one‑bedroom, and 9 two‑bedroom units
Property Analytics
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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
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Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily property with a courtyard pool, on-site laundry, and controlled entry with a call box.
Where is this apartment building located?
The property is located at 3942 Stevely Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 20‑unit multifamily property in Baldwin Village; 18,580 gross square feet in one two‑story building; Unit mix includes 2 studios, 9 one‑bedroom, and 9 two‑bedroom units
