Cresta Palms 3718 Vinton Ave 8 Unit Apartment Building $3,308,808 CAD ($413,601 CAD/Unit) 4.72% Cap Rate Los Angeles, CA 90034

We are pleased to present 3718 Vinton Ave, Los Angeles, CA 90034, an exceptional 8-unit multifamily investment opportunity in the highly desirable
Palms neighborhood on the Westside of Los Angeles. Situated in a vibrant, dense urban area known for its walkability, proximity to trendy Culver City,
Sony Studios (now part of the thriving creative and tech ecosystem), coffee shops, restaurants, parks, and major employment hubs, this location
benefits from strong rental demand driven by young professionals, families, and proximity to attractions like the Culver City Promenade. Palms offers a
mix of apartment buildings and commercial ribbons, with excellent access to freeways, public transit, and nearby institutions such as West Los
Angeles College. The broader Westside multifamily market continues to show resilience, with positive appreciation forecasts for 2026 in areas like
Palms and adjacent Culver City, supported by limited inventory and ongoing buyer interest in value-add assets.
Built in 1958, this 2-story building (approximately 6,500+ sq ft on a ~7,500 sq ft lot) has been owned by the same family for over 40 years and is now on
the market for the first time in decades, presenting a rare chance to acquire a stabilized asset with tremendous upside potential. The unit mix includes
one spacious 3 bed/2 bath, two 2 bed/1 bath, and five 1 bed/1 bath units, offering diversified rental appeal in a market where larger units command
premium rents near employment centers. With several units below current market rates given the long-term ownership, this property represents an
incredible value-add opportunity through turnover and cosmetic upgrades to capture higher market rents in this strong Westside submarket.