$3,250,000
3126 Canfield Avenue, Los Angeles 90034
6
Beds
5
Baths
7,321
Square feet
8,005
Lot Size
8
# Of Units
Listing Agent
Scott Rosenberg - Kidder Mathews of California, Inc.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.)
Facts & Features
| MLS® # | 23278395 |
|---|---|
| Price | $3,250,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Square Footage | 7,321 |
| Lot Size | 8,005 |
| Year Built | 1967 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 8 |
Community Information
| Address | 3126 Canfield Avenue |
|---|---|
| Area | C09 - Beverlywood Vicinity |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90034 |
Amenities
| Parking | Covered |
|---|---|
| Garages | Covered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | June 7th, 2023 |
|---|---|
| Days on Market | 329 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Rosenberg |
|---|---|
| Office | Kidder Mathews of California, Inc. |