Property listed by CB Richard Ellis, Inc., Adam Peterson
$2,550,000
3126 S. Canfield Avenue presents a substantial multifamily investment opportunity located in the upscale Castle Heights pocket of Palms. This impressive eight-unit complex, constructed in 1967, spans approximately 7,321 square feet of living area on an oversized 8,005-square-foot lot. The property features an exceptionally strong unit mix, including several expansive… Read More three-bedroom and two-bedroom floor plans that cater to the high-earning professional demographic and families drawn to the prestigious Hamilton High School. The location offers a unique "secluded but central" appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the "Screenland" lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property's proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills. Lifestyle amenities in the area further enhance the property's desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City's sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe's and Whole Foods. For the strategic investor, 3126 S. Canfield Ave. offers a rare combination of significant scale, a prime location at the doorstep of the region's most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio. Read Less
Listing Snapshot
Days Online
35
Last Updated
Beds
14
Square Ft.
7,321
Lot Size
0.18 Acres
Year Built
1967
MLS Number
26647345
Additional Details
Building
Built in 1967, Living area: 7321.0, 1 building, Building faces West, Levels: Two
Cooling
None
Heating
None
Income
Gross Income: $211,446, Net Operating Income: $127,804
Lot
0.1838 acres, RectangularLot
Parking
None
Pool
None
Taxes
Parcel Number: 4311026015, Zoning: LAR3
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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