3126 Canfield Avenue, Los Angeles

$3,250,000

Click the arrows next to the image to browse our photo gallery for this property.

6 Beds

5 Baths

7,321 Sqft

.18 Acre

0 Garage

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.)

Essential Information

MLS® #: 23278395

Price: $3,250,000

Bedrooms: 6

Bathrooms: 5.00

Square Footage: 7,321

Acres: 0.18

Year Built: 1967

Type: Residential Income

Status: Active

Community Information

Address: 3126 Canfield Avenue

Area: C09 - Beverlywood Vicinity

City: Los Angeles

County: Los Angeles

Zip Code: 90034

Senior Community: N

Amenities

Parking: Covered

Garages: Covered

Interior

Appliances: Dryer, Washer

Cooling: Wall/Window Unit(s)

# of Stories: 2

Stories: Two

Additional Information

Date Listed: June 7th, 2023

Days on Market: 344

Zoning: LAR3

Listing Details

Agent: Scott Rosenberg

Office

Kidder Mathews of California, Inc.

Property History

Feb. 13Price Reduced from $3,500,000 to $3,250,000

LISTING MAP

Properties for Sale Similar to 3126 Canfield Avenue, Los Angeles

New Listing

9117 National Boulevard, Los Angeles

$2,595,000 - 12 Beds, 10 Baths, 6,734 Sf

MLS® # 24389685

Linda Light Coldwell Banker Realty

3765 Delmas, Los Angeles

$2,899,000 - 9 Beds, 10 Baths

MLS® # PW24094171

Martin Fish Citivest Realty Services, Inc

3754 Vinton Avenue, Los Angeles

$2,750,000 - 6 Beds, 4 Baths, 6,570 Sf

MLS® # 24389053

Peter James Lyon Stahl Investment Real Estate, Inc.

Buyer's Agent

Listing Agent

Scott Rosenberg - Kidder Mathews of California, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 7:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.