3523 S Sepulveda Boulevard
Residential Income Details
3523 Sepulveda Blvd, a 5 unit multifamily property located between Venice and Palms Blvd in Palms, CA. Under-performing! Value add! Upside in rents ±93%. One unit will be delivered vacant. Opportunity to remodel and raise rents to $150,000. Currently operating with income of $83,304. Subject is also excellent for development of ±12 units. Development opportunity for condos or multifamily apartment project Excellent opportunity to acquire R3-zoned land in Palms. Subject is near Palms Expo station and recently constructed UCLA student housing. Several new high profile developments nearby. Convenient access to the 405 and 10 freeways. Close to Silicon Beach, Mar Vista, Culver City, Venice and Santa Monica.
|Number of Units||5|
|Listing Brokerage||Keller Williams Encino-Sherman|
|Listing Agent||Anie Mayelian|
|Listing Agent BRE #||00778825|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 9, 2018.
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