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3766 S Canfield Ave 11 Unit Apartment Building $3,288,000 CAD ($298,909 CAD/Unit) 6.82% Cap Rate Los Angeles, CA 90034
Executive Summary
CBRE Inc., as exclusive advisor to the Seller, is proud to present 3766 S. Canfield Ave. in Los Angeles, adjacent to Downtown Culver City. 3766 S. Canfield Ave. presents a premier multifamily investment opportunity situated at the pivotal intersection of the Palms and Mar Vista neighborhoods. Built in 1962, this classic two-story multifamily property spans 4,854-square-feet and located on an approximately 6,430-square-foot lot with LAR3 zoning. The property offers exceptional growth and value-add potential through renovations and Accessory Dwelling Unit (ADU) conversions.
The location offers a unique “secluded but central” appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the “Screenland” lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property’s proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills.
Lifestyle amenities in the area further enhance the property’s desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City’s sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe’s and Whole Foods. For the strategic investor, 3766 S. Canfield Ave. offers a rare combination of significant scale, a prime location at the doorstep of the region’s most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio.
The location offers a unique “secluded but central” appeal, situated on a picturesque, tree-lined street that bridges the gap between the high-rise office towers of Century City and the vibrant energy of Downtown Culver City. Residents enjoy unparalleled access to the “Screenland” lifestyle, located just minutes from the world-class dining and entertainment scene at The Culver Steps, Ivy Station, and the historic Culver Hotel. The property’s proximity to both the Palms and Culver City Metro E Line stations provides effortless access to the massive creative-tech campuses of Amazon MGM, Apple, and Warner Bros. Discovery, while also offering a quick commute to the beaches of Santa Monica or the cultural center of Beverly Hills.
Lifestyle amenities in the area further enhance the property’s desirability, with immediate access to local favorites like the Motor Avenue Farmers Market and the lush recreational green spaces of the Kenneth Hahn State Recreation Area. The surrounding landscape is characterized by Culver City’s sophisticated mix of international dining, boutique fitness studios, and essential grocers like Trader Joe’s and Whole Foods. For the strategic investor, 3766 S. Canfield Ave. offers a rare combination of significant scale, a prime location at the doorstep of the region’s most explosive tech growth, and clear value-add potential through modern aesthetic upgrades, making it a future-proof addition to any sophisticated real estate portfolio.
Property Facts
| Price | $3,288,000 CAD | Building Class | C |
| Price Per Unit | $298,909 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,854 SF |
| Cap Rate | 6.82% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 2.27/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Residential | ||
| Price | $3,288,000 CAD |
| Price Per Unit | $298,909 CAD |
| Sale Type | Investment |
| Cap Rate | 6.82% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,854 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.27/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Gated
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 454 |
| 1+1 | 6 | - | 370 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4313-021-015 | Improvements Assessment | $880,891 CAD |
| Land Assessment | $2,074,628 CAD | Total Assessment | $2,955,519 CAD |
Property Taxes
Parcel Number
4313-021-015
Land Assessment
$2,074,628 CAD
Improvements Assessment
$880,891 CAD
Total Assessment
$2,955,519 CAD
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3766 S Canfield Ave
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