Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

17

Building size

13,248 sqft

Lot size

14,399 sqft

Year built

1957

Stories

2

Heating

Wall Furnace

Pool

In Ground,Fenced,Community

Status

Active

Days on market

8

MLS #

246427873

About this property

3410 Club Drive presents a rare opportunity to acquire a well-performing 17-unit multifamily property in a highly desirable area in west Los Angeles, adjacent to Cheviot Hills and near Culver City. The property is largely renovated, with 15 of 17 units featuring updated interiors, generating approximately $520,000 in gross annual income and offering strong in-place cash flow. The property features a charming central courtyard, a well-maintained pool, on-site laundry, controlled access, and 18 carport parking spaces, many of which have built-in storage. Excellent Unit Mix of (4) 2+2, (9) 2+1, (4) 1+1. Capital improvements have been completed over time and include predominantly copper plumbing, largely updated electrical systems, and mostly newer windows (buyer to verify). Seismic retrofit earthquake work and required balcony inspections have been completed, reducing future capital exposure. Additional upside exists via two existing non-residential spaces that may be suitable for ADU conversion, presenting potential for future income growth (buyer to verify feasibility with the City). This offering is well-suited for investors, including 1031 exchange buyers, seeking a stabilized asset with durable income and long-term growth potential.

Location

3410 Club Drive

Los Angeles, Los Angeles, CA, 90064