3667 Veteran Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90034
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,529 sqft
Price per Sqft $545
MLS Listing ID 25493707
Bedrooms 8
Year Built 1963
Lot Size 4,993 Sqft
Acres 0.1146
Property Sub-Type Multi-Family
Property Description
Gateway Business Properties is pleased to present 3667 Veteran Avenue, a well-maintained four-unit apartment complex located in the highly desirable Palms neighborhood of West Los Angeles. Offering above-average unit sizes, strong rental upside, and a desirable unit mix, this property presents an exceptional opportunity for both investors and owner-users. The property has been attentively maintained, with two of the four units recently renovated, featuring modern flooring, beautiful kitchens and bathrooms, recessed lighting and electrical, among other features! Additionally, updated building plumbing and electrical systems, and a new efficient water heater provide long-term low-maintenance benefits for future owners. Other key features include an on-site laundry room, a private rear yard with fruit trees ideal for outdoor gatherings, and ample parking with both onsite covered spaces and additional driveway capacity. The building further benefits from separate gas and electric meters, a security system with cameras, and completed soft-story retrofit and SB 721 Balcony Certification, ensuring compliance with major structural safety upgrades. Strategically positioned just two blocks north of Venice Blvd. and four blocks west of Overland Ave, the property offers easy access to the 405 and 10 Freeways, placing tenants minutes from major employment hubs, entertainment, and retail centers in Culver City, Santa Monica, and West LA. The spacious and well-balanced unit mix includes one (1) - 1 bedroom/1 bath, one (1) - 2 bedroom/1.5 bath, one (1) - 2 bedroom/2 bath and one (1) - 3 bedroom/2 bath, catering to a diverse tenant base. With a projected rent upside of approximately 50%, 3667 Veteran Avenue represents a high-value investment opportunity with substantial long-term appreciation potential. This is a rare opportunity to acquire a turnkey multifamily asset in one of Los Angeles' strongest rental markets. ***All information deemed reliable, but not guaranteed. Buyers and Buyers Agents to do own due diligence.***
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Alarm System, Dishwasher, Dryer, Range/Oven, Refrigerator, Microwave, Washer, Ceiling Fan
Laundry Laundry Area
Exterior
Parking Features Carport Attached, Driveway - Concrete
Garage Spaces 5.0
Building
Lot Description Back Yard, Fenced
Story 2
Sewer In Street
Water Public
Level or Stories Two
Others
Special Listing Condition Standard