3126 S Canfield Avenue, Los Angeles, CA 90034 (MLS # 23278395)
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3126 S Canfield Avenue is an 8-unit property that is part of the "Canfield Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Canfield Portfolio" offers a diverse mix of unit types, ranging from studios to 3+2 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 25% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "Canfield Portfolio" presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)
DAYS ON MARKET | 344 | LAST UPDATED | 2/12/2024 |
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YEAR BUILT | 1967 | COMMUNITY | Beverlywood Vicinity |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to Feb 12, '24 | $3,500,000 |
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Feb 12, '24 - Today | $3,250,000 |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dryer, Washer |
AREA | Beverlywood Vicinity |
BUYER'S BROKERAGE COMPENSATION | 1.500 % |
GARAGE | Covered |
LOT | 8005 sq ft |
PARKING | Covered |
STORIES | 2 |
ZONING | LAR3 |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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