About 3126 S Canfield Ave
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.)
Features of 3126 S Canfield Ave
| MLS® # | 23-278395 |
|---|---|
| Price | $3,250,000 |
| Bedrooms | 11 |
| Bathrooms | 13.00 |
| Square Footage | 7,321 |
| Acres | 0.18 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 3126 S Canfield Ave |
|---|---|
| Area | Beverlywood Vicinity |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90034 |
Amenities
| Garages | Covered Parking |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other, Wall/Window |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | June 7th, 2023 |
|---|---|
| Days on Market | 324 |
| Zoning | LAR3 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Rosenberg (01456686) |
|---|---|
| Office | Kidder Mathews of California, Inc. |