3602 Keystone Avenue, Los Angeles, CA 90034
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
3602 Keystone Avenue,Los Angeles, CA 90034
$2,550,000
- 11 Beds
- 12 Baths
- 7,032 sq. ft.
- Multi-family
- Pending
Listed by: peter james, william james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26872159
Source:CRMLS
Price summary
- Price:$2,550,000
- Price per sq. ft.:$362.63
About this home
We are pleased to present 3602 Keystone Ave, ideally located in the heart of Palms, one of the best rental pockets on LA's Westside and directly adjacent to Culver City. The subject property is a 10 unit apartment building built in 1967. The building boasts an excellent unit mix including (2) 2 bed / 1.5 bath, (7) 1 bed / 1 bath, and (1) studio / 1 bath units spread out over 7,032 net rentable square feet and sits on a 7,504 square foot LAR3 zoned lot. 3602 Keystone is a rare pride-of-ownership offering that has been meticulously maintained over the years, with most units renovated and copper plumbing throughout. The property produces excellent in-place cash flow with approximately 14% upside remaining in the rents, giving a future investor a turnkey asset with long term growth potential. Additionally, the seller is open to a seller carry financing scenario, providing a future investor with attractive financing flexibility.Palms has established itself as one of the strongest rental pockets in all of Los Angeles, anchored by its proximity to Culver City's booming tech and media economy. Culver City has become a true "content capital," drawing marquee employers including Apple, Amazon, HBO, Sony Pictures, TikTok, and Pinterest, all within minutes of the subject property. The Overland Blvd corridor immediately surrounding the property is in the midst of a major transformation, with nearly 400 new mixed-use apartment units in the pipeline bringing new retail, density, and vibrancy to the neighborhood, while Downtown Culver City's thriving live-work-dine district, anchored by Ivy Station and The Culver Steps, sits just to the west. The property is easily accessible to all of the Westside's major business hubs, with immediate proximity to the 10 Freeway and the Metro E (Expo) Line connecting tenants to Culver City, Santa Monica, and Downtown LA. The combination of an irreplaceable location, a pristine building, excellent cash flow, and remaining rental upside makes this a compelling opportunity to own a generational asset in one of LA's best neighborhoods....
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Home facts
- Year built:1967
- Listing ID #:26872159
- Added:91 day(s) ago
- Updated:November 13, 2026 at 09:27 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:12
- Kitchen Description:Gas Oven, Microwave, Oven, Refrigerator
- Living area:7,032 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Rolled Hot Mop
- Year built:1967
- Building area:7,032 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Rectangular Lot
- Levels:2 Story
Finances and disclosures
- Price:$2,550,000
- Price per sq. ft.:$362.63
Features and amenities
- Amenities:Ceiling Fans
Parking
- Total parking spaces:12
- Parking description:Assigned, Carport, Gated, Private
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