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$9,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 36 Total Beds
  • Updated 1 day ago
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Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.

Full Property Details for 3585 S Sepulveda Blvd

General

  • Price: $9,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26687311
  • Updated: 4/10/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 42

Bedrooms

  • Total Bedrooms: 36

Other Rooms

  • Laundry: Community, Room

Additional Information

  • Pool: Yes
  • Pool Description: Permits, In-Ground, Private
  • Other Features: None

Parking

  • Garage Description: Assigned, Covered Parking, Uncovered

Location

  • Area: Palms - Mar Vista
  • County: Los Angeles
  • Driving Directions: South of Palms Blvd., North of Venice Blvd.

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall

Utilities

  • Sewer: In Street

Structural Information

  • # Buildings: 3
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 25,050
  • Sq. Ft. Source: Assessor
  • Year Built: 1948
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 42
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.6671
  • Lot Size: 41279
  • Lot Size Source: Assessor
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $399
  • Assessment Year: 1948

Disclosures and Reports

  • Disclosures/Reports: As Is, Property Report
  • APN: 4252-003-006

Listed by Cavanaugh Realtors, Daniel John Cavanaugh and Cavanaugh Realtors, Julio Leyva

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Listing agents

— 3585 S Sepulveda Blvd —

  • Daniel John Cavanaugh

    Cavanaugh Realtors

  • Julio Leyva

    Cavanaugh Realtors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3585 S Sepulveda Blvd

School District:Los Angeles Unified School District
NameGradesDistance
Charnock Road Elementary School
11133 Charnock Road, Los Angeles, CA 90034
K-50.1 mi
Daniel Webster Middle School
11330 Graham Place, Los Angeles, CA 90064
7-81.2 mi
Venice Senior High School
13000 Venice Boulevard, Los Angeles, CA 90066
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3585 S Sepulveda Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$9,995,000
816.97%
MLS
6/10/1999
Sold
$1,090,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3585 S Sepulveda Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,841
2%
$2,085,061
4%
2023
$27,358
4%
$2,009,163
2%
2022
$26,203
1%
$1,969,868
2%
2021
$25,819
-1%
$1,931,343
1%
2020
$26,048
5%
$1,911,592
2%
2019
$24,843
2%
$1,869,145
2%
2018
$24,293
2%
$1,832,496
2%
2017
$23,756
3%
$1,796,566
2%
2016
$23,077
—
$1,761,340
2%
2015
$23,003
-1%
$1,734,884
2%
2014
$23,252
—
$1,700,901
—
2013
$23,248
—
$1,693,215
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Cavanaugh Realtors, Daniel John Cavanaugh and Cavanaugh Realtors, Julio Leyva

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3585 S Sepulveda Blvd, Los Angeles, CA 90034 (MLS# 26687311) is a Multi-Family property with units containing 36 bedrooms and 0 full bathrooms. 3585 S Sepulveda Blvd is currently listed for $9,995,000 and was received on April 08, 2026. Want to learn more about 3585 S Sepulveda Blvd? Do you have questions about finding other Multi-Family real estate for sale in Mar Vista? You can browse all Mar Vista real estate or contact a Coldwell Banker agent to request more information.

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