3662 Keystone Ave , Los Angeles, CA 90034
$2,500,000
Est. Payment: $12,579.60/mo
5 Bed
5 Bath
7512 Sqft
Status: active | Days on site: 490
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

MAJOR PRICE ADJUSTMENT! We are pleased to present a 9 unit offering in one of the best Palms locations at 3662 Keystone Ave, just a short distance to the new developments along Overland Blvd and short distance to downtown Culver City. The offering consists of (6) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, (1) 2 Bed, 1.5 Bath, and (1) Studio, 1 Bath unit that is spread out over 7,512 square feet, which offers spacious unit layouts. The property was built in 1961 and sits on a 7,500 square foot lot that is zoned LAR3. The investment offering provides an excellent value-add opportunity for future investors with rents approximately 30% below market, in one of the best rental pockets of LA's Westside. The building offers 10 parking spaces and on-site laundry for for tenants. The building features a brand new roof, copper plumbing and was recently repainted. With it's excellent unit mix and future upside potential, an investor is poised to take advantage of a generational real estate asset in a prime location that has experienced tremendous growth and development. The Palms market has continued to prove to be one of the best rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates, renters continue to seek out opportunities in the immediate area surrounding the subject property. With Culver City directly to the south, Venice directly west, and high end neighborhoods just to the north, Palms is strategically located to continue to see massive growth. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. With tech companies like Amazon, Youtube and TikTok, the location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

Highlights

Listed by Peter James , 310-467-7581 and William James , 310-600-9858 Lyon Stahl Investment Real Estate, Inc. , 310-425-9838. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1961

County

Los Angeles

Area

C13 - Palms - Mar Vista

Listing ID

25501053

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:5
  • Full Bathrooms:0
Appliances:Oven, Range, Refrigerator

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:10
Zoning:LAR3
Roof:Rolled/Hot Mop
Others:Stucco,Wood Siding,2+ Total Units
Sewer:Other
Parking Features:Assigned,Covered,Garage,Side By Side,Tandem
Principal Interest
$12,580
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,579.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,579.60 $1,593.75 $0.00 $14,173.35
Yearly $150,955.26 $19,125.00 $0.00 $170,080.26
Total $4,528,657.72 $573,750.00 $0.00 $5,102,407.72

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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