Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.
Listed by Daniel John Cavanaugh
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License #00576151
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Cavanaugh Realtors
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310-837-7161
Listed by Julio Leyva
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License #01334827
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Cavanaugh Realtors
Last updated April 16, 2026
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Source: CRMLS #26687311
Listing Facts
TypeMulti-family
NeighborhoodMar Vista
Bedrooms36
Days on Prevu23
Size25,050 sqft
Price per sqft$399
Amenities
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
04/08/2026
Listed by Cavanaugh Realtors
$9,995,000
Property Details for 3585 S Sepulveda Boulevard
Exterior
Construction
Number Of Units Total: 42
Roof: Composition
Stories: 2
Stories Total: 2
Year Built: 1948
Features
Pool Features: In Ground, Permits, Private
Pool Private: Yes
Measurements
Building Area Total: 25,050
Lot Size Acres: 0.94
Lot Size Area: 41,279
Lot Size Source: Assessor
Lot Size Square Feet: 41,279
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.5
Gross Income: $855,046.00
Taxes
Parcel Number: 4252003006
Interior
Features
Appliances: Disposal, Refrigerator
Measurements
Living Area: 25,050
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 42
Bedrooms Total: 36
Parking
Parking
Parking Features: Assigned, Covered, Uncovered
Parking Total: 45
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area, Laundry Room
Sewer: Other
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 36 bedrooms in this multi-family home at 3585 S Sepulveda Boulevard.
Does this multi-family home have parking?
Yes, there are 45 parking spaces available for 3585 S Sepulveda Boulevard.
How does 3585 S Sepulveda Boulevard compare to other multi-family homes in Mar Vista?
This multi-family home is listed 246% above the average price for multi-family homes in Mar Vista and has been on the market for 55 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 25,050 sqft.
3585 S Sepulveda Boulevard is a 36-bedroom multi-family home for sale in Los Angeles CA 90034. Listed on Prevu for 23 days at $9,995,000. This home features 25,050 square feet of living space, located in Mar Vista. The median listing price for multi-family homes in this area is $2,300,000. The home offers parking and swimming pool. Browse 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.
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.