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3115 Ivy StreetLos Angeles, CA 90034

For Sale

$2,550,000

Smart Buyer Rebate $25,500

We are pleased to present 3115 Ivy Street, an 8 unit apartment community located in the highly desirable Culver City/ Palms neighborhood of West Los Angeles. Built in 1964, the property offers approximately 6,038 square feet of rentable living area on a6,157squarefoot lot, providing investors with a well located and stable asset in one of the Westside's most consistently strong rental markets. The building features a practical and appealing unit mix, with bright interiors, efficient layouts, and the long term durability associated with classic midcentury construction. These characteristics support steady tenant demand and create a reliable operating environment for ownership, while still offering clear opportunities for future modernization and value enhancement.3115 Ivy Street benefits from an exceptional location just steps away from Culver City, placing residents near major employment centers such as Culver City's expanding tech and creative office district, Sony Studios, and the broader Westside job base. The property is surrounded by a wide selection of dining, retail, and neighborhood conveniences along Venice Boulevard and Sepulveda Boulevard. Connectivity is another key advantage, with close access to the I10 and I405 Freeways as well as the Metro E Line, allowing for convenient travel throughout Greater Los Angeles. Situated within a supply constrained, transit oriented, and high demand rental pocket, 3115 Ivy Street represents a compelling opportunity to acquire a well maintained multifamily asset with stable in place income and meaningful potential for long term appreciation.

Listed by Michael Sterman

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License #01911703

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Marcus & Millichap

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818-212-2784

Last updated March 15, 2026

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Source: CRMLS #26664783

Listing Facts

  • TypeMulti-family
  • NeighborhoodPalms
  • Bedrooms15
  • Days on Prevu7
  • Size6,038 sqft
  • Price per sqft$422

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/09/2026
Listed by Marcus & Millichap
$2,550,000

Property Details for 3115 Ivy Street

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 2
  • Year Built: 1964

Measurements

  • Building Area Total: 6,038
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,157
  • Lot Size Square Feet: 6,157
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.06
  • Gross Income: $218,554.00

Taxes

  • Parcel Number: 4312009037

Interior

Measurements

  • Living Area: 6,038

Rooms

  • Bathrooms Total Integer: 15
  • Bedrooms Total: 15

Parking

Parking

  • Parking Features: Door-Multi, Garage
  • Parking Total: 6

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 15 bedrooms in this multi-family home at 3115 Ivy Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 3115 Ivy Street.

How does 3115 Ivy Street compare to other multi-family homes in Palms?

This multi-family home is listed 0% above the average price for multi-family homes in Palms and has been on the market for 59 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,038 sqft.

3115 Ivy Street is a 15-bedroom multi-family home for sale in Los Angeles CA 90034. Listed on Prevu for 7 days at $2,550,000. This residence features 6,038 square feet of living space, located in Palms. The median listing price for multi-family homes in this area is $1,972,500. Property amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.