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.
Listed by Peter James
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License #01748556
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Lyon Stahl Investment Real Estate, Inc.
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310-467-7581
Listed by William James
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License #01734419
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Lyon Stahl Investment Real Estate, Inc.
Last updated November 04, 2025
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Source: CRMLS #25501053
Listing Facts
TypeMulti-family
NeighborhoodPalms
Bedrooms10
Days on Prevu290
Size7,512 sqft
Price per sqft$333
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$2,500,000
10/21/2025
Status changed to Removed from Feed
$2,500,000
10/17/2025
Status changed to Active
$2,500,000
10/16/2025
Status changed to Removed from Feed
$2,500,000
10/04/2025
Status changed to Active
$2,500,000
10/03/2025
Status changed to Removed from Feed
$2,500,000
09/20/2025
Status changed to Active
$2,500,000
09/19/2025
Status changed to Removed from Feed
$2,500,000
09/12/2025
Status changed to Active
$2,500,000
09/05/2025
Status changed to Removed from Feed
$2,500,000
09/04/2025
Status changed to Active
$2,500,000
09/03/2025
Status changed to Removed from Feed
$2,500,000
07/24/2025
Status changed to Active
$2,500,000
07/23/2025
Status changed to Removed from Feed
$2,500,000
06/28/2025
Status changed to Active
$2,500,000
06/27/2025
Status changed to Removed from Feed
$2,500,000
05/08/2025
Price Decreased
$2,500,000
04/03/2025
Price Decreased
$2,595,000
03/08/2025
Status changed to Active
$2,700,000
03/07/2025
Status changed to Removed from Feed
$2,700,000
03/01/2025
Status changed to Active
$2,700,000
02/28/2025
Status changed to Removed from Feed
$2,700,000
02/24/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,700,000
Property Details for 3662 Keystone Avenue
Association
Amenities
Community Features: Gated
Exterior
Construction
Number Of Units Total: 9
Roof: Rolled/Hot Mop
Stories Total: 2
Year Built: 1961
Construction Materials: Stucco, Wood Siding
Features
Direction Faces: West
Measurements
Building Area Total: 7,512
Lot Features: Rectangular Lot
Lot Size Acres: 0.17
Lot Size Area: 7,502
Lot Size Square Feet: 7,502
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.81
Gross Income: $192,852.00
Taxes
Parcel Number: 4314009024
Interior
Features
Appliances: Oven, Range, Refrigerator
Measurements
Living Area: 7,512
Rooms
Bathrooms Total Integer: 11
Bedrooms Total: 10
Parking
Parking
Garage: Yes
Parking Features: Assigned, Covered, Garage, Side By Side, Tandem
Parking Total: 10
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Sewer: Other
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 10 bedrooms in this multi-family home at 3662 Keystone Avenue.
Does this multi-family home have parking?
Yes, there are 10 parking spaces available for 3662 Keystone Avenue.
How does 3662 Keystone Avenue compare to other multi-family homes in Palms?
This multi-family home is listed 2% below the average price for multi-family homes in Palms and has been on the market for 224 more 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 7,512 sqft.
3662 Keystone Avenue is a 10-bedroom multi-family home for sale in Los Angeles CA 90034. On Prevu for 290 days at $2,500,000. This includes a recent price decrease of $95,000. This home features 7,512 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. View other 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.