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3736 Westwood Blvd
Los Angeles, CA 90034
Multifamily Property For Sale
·
7 Units
Investment Highlights
- 7 unit apartment building located in a prime Palms / Culver CIty adjacent location.
- Significant upside potential, several units are rented at below market rates.
- Rare opportunity for an Investor to purchase an income property in a highly coveted location near downtown Culver City's abundance of entertainment.
- Excellent mix of units consisting of 1 Bachelor + 1 Bath, 1-1 Bedroom + 1 Bath, 1-2 Bedroom + 1 Bath, 3-2 Bedroom + 1 Bath Towhouses,1-3+2
- 4 units are currently vacant - these 4 units can be renovated and immediately brought to market rates.
- Dining, and employment offices such as Apple, Amazon, Sony, and HBO.
Executive Summary
Located in the heart of Los Angeles’ highly desirable Westside, 3736 Westwood Boulevard benefits from a prime position in the vibrant and centrally located community of Palms. Known for its strong rental demand and diverse population of young professionals, students, and tech employees, Palms sits at the crossroads of several of the Westside’s most dynamic neighborhoods including Culver City, Mar Vista, and West Los Angeles.
The property is just minutes from the thriving commercial and entertainment hub of Downtown Culver City, where tenants enjoy an array of acclaimed restaurants, cafés, nightlife, and retail. Major employers including Amazon Studios, Sony Pictures Entertainment, Apple, and HBO have established a strong presence in the Culver City media and technology corridor, fueling continued population growth and housing demand throughout the surrounding neighborhoods.
Residents also benefit from convenient access to several major employment and education centers. The campus of University of California, Los Angeles is a short drive away, while the nearby Westfield Century City and the creative offices throughout Culver City provide thousands of jobs within close commuting distance. Additionally, the area offers excellent regional connectivity via the Metro E Line (formerly Expo Line), providing direct rail access to Downtown Los Angeles and the beaches of Santa Monica.
With its central Westside location, proximity to major employment hubs, and walkable access to dining, retail, and transit, the neighborhood surrounding 3736 Westwood Boulevard continues to experience strong tenant demand and long-term growth—making it a highly attractive location for multifamily investment.
The property is just minutes from the thriving commercial and entertainment hub of Downtown Culver City, where tenants enjoy an array of acclaimed restaurants, cafés, nightlife, and retail. Major employers including Amazon Studios, Sony Pictures Entertainment, Apple, and HBO have established a strong presence in the Culver City media and technology corridor, fueling continued population growth and housing demand throughout the surrounding neighborhoods.
Residents also benefit from convenient access to several major employment and education centers. The campus of University of California, Los Angeles is a short drive away, while the nearby Westfield Century City and the creative offices throughout Culver City provide thousands of jobs within close commuting distance. Additionally, the area offers excellent regional connectivity via the Metro E Line (formerly Expo Line), providing direct rail access to Downtown Los Angeles and the beaches of Santa Monica.
With its central Westside location, proximity to major employment hubs, and walkable access to dining, retail, and transit, the neighborhood surrounding 3736 Westwood Boulevard continues to experience strong tenant demand and long-term growth—making it a highly attractive location for multifamily investment.
Property Facts
| Price Per Unit | $413,370 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.06% | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 11.07 | Building Size | 6,336 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 | ||
| Price Per Unit | $413,370 CAD |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| Gross Rent Multiplier | 11.07 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,336 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $5,020 CAD | - |
| 2+1 | 1 | $2,764 CAD | - |
| 2+1 | 1 | $2,714 CAD | - |
| 2+1 | 1 | $4,037 CAD | - |
| 2+1 | 1 | $1,952 CAD | - |
| 1+1 | 1 | $3,207 CAD | - |
| Studios | 1 | $2,092 CAD | - |
Property Taxes
| Parcel Number | 4252-029-007 | Improvements Assessment | $905,387 CAD |
| Land Assessment | $2,140,011 CAD | Total Assessment | $3,045,398 CAD |
Property Taxes
Parcel Number
4252-029-007
Land Assessment
$2,140,011 CAD
Improvements Assessment
$905,387 CAD
Total Assessment
$3,045,398 CAD
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