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Investment Highlights

  • 2 separate APNs. Electrical panels recently replaced. Separately metered units.
  • 3575 & 3585 Buildings, units have their own water heater.
  • Pool recently refinished.

Executive Summary

Sale includes 3575, 3585, and 3595 S. Sepulveda Blvd – 42 units total located in Palms. Property consists of low-rise buildings with a unit mix primarily of studios and one-bedroom units. Situated on approx. 41,275 SF across two APNs with over 350 feet of frontage on Sepulveda Blvd. Units are separately metered for gas and electricity. On-site income from three laundry rooms. Approx. 45 parking spaces (combination of open, garage, and carport). Central courtyard with swimming pool. Proximity to major retail including Trader Joe’s, CVS, and upcoming Whole Foods.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $1,178,826 $74.51
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,178,826 $74.51
Taxes - -
Operating Expenses - -
Total Expenses $517,358 $32.70
Net Operating Income $661,468 $41.81

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $1,178,826
Annual Per SF $74.51
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,178,826
Annual Per SF $74.51
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $517,358
Annual Per SF $32.70
Net Operating Income (CAD)
Annual $661,468
Annual Per SF $41.81

Property Facts

Price $13,779,806 CAD
Price Per Unit $328,091 CAD
Sale Type Investment
Cap Rate 4.54%
Gross Rent Multiplier 11.7
No. Units 42
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.67 AC
Building Size 25,050 SF
Average Occupancy 96%
No. Stories 2
Year Built 1948
Zoning LAR3 - LAR3. TOC Tier 2.

Amenities

Unit Amenities

  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Laundry Facilities
  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - 500
1+1 32 - -
2+1 1 - -
3+1 1 - -
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 4252-003-012
  • 4252-003-006
Land Assessment
$3,198,818 CAD
Improvements Assessment
$1,340,020 CAD
Total Assessment
$4,538,838 CAD
  • Listing ID: 40133835

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 3575 S Sepulveda Blvd, Los Angeles, CA 90034

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