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$2,800,000

  • Sold
  • Closed
  • Multi-Family
  • 17 Total Beds
  • Updated 10 days ago
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3945 Frances is an opportunity to acquire a 19 unit offering in a prime pocket of Mar Vista, adjacent to multi-million dollar homes. The property consists of 19 units, of which, (6) bachelor units are non-conforming. The current unit mix is (13) 1 bed, 1 bath and (6) bachelor, 1 bath units spread out across 9,165 square feet. The building was built in 1963 and sits on a 9,976 square foot lot zoned LAR3. There are currently 2 vacant 1 bed, 1 bath units that offer an investor the opportunity to capture immediate upside. With it's central location on the Westside, the Mar Vista submarket captures premium rents and the ability to increase cash flow on day one. The building offers on-site laundry facilities and 13 parking spaces, a necessary amenity in this part of town. Mar Vista has benefited from it's location, adjacent to Venice to the west, Culver City to the south, and West LA to the north. These locations have seen massive growth and development, with both an influx of businesses and residents that have helped rejuvenate these markets, making them a premiere rental pocket in LA's most desirable and renter friendly pocket.

Full Property Details for 3945 Frances Ave

General

  • Sold For: $2,800,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26663117
  • Added to Site: 122 day(s) ago

Interior

  • Cooking Appliances: Gas, Range

Rooms

Bathrooms

  • Total Bathrooms: 19

Bedrooms

  • Total Bedrooms: 17

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Other Features: None

Parking

  • Garage Description: Assigned

Location

  • Area: Palms - Mar Vista
  • County: Los Angeles
  • Driving Directions: Corner of Frances and Caswell, south of Venice Blvd and north of Washington Pl.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Stucco
  • Stories/Levels: 2
  • Square Feet: 9,165
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1963
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 19
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2291
  • Lot Size: 9979
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 142 x 72
  • Alley: Yes
  • Lot Features: Alley Access
  • Zoning: LAR3
  • Lot Description: Alley Paved, Level/Flat Lot, Lot Shape-Rectangular

Financial Considerations

  • Price Per Sq. Ft.: $365.52
  • Assessment Year: 1963
  • Owner Pays: Gas, Water
  • Tenant Pays: Electricity

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 4235-005-001

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Peter James and Lyon Stahl Investment Real Estate, Inc., William James

Listing agents

— 3945 Frances Ave —

  • Peter James

    Lyon Stahl Investment Real Estate, Inc.

  • William James

    Lyon Stahl Investment Real Estate, Inc.

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 3945 Frances Ave

School District:Los Angeles Unified School District
NameGradesDistance
Grand View Boulevard Elementary School
3951 Grand View Boulevard, Los Angeles, CA 90066
K-50.4 mi
Mark Twain Middle School and World Languages Magnet
2224 Walgrove Avenue, Los Angeles, CA 90066
6-80.6 mi
Venice Senior High School
13000 Venice Boulevard, Los Angeles, CA 90066
9-120.6 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 3945 Frances Ave

Date
Details
Price
Change
Source
6/30/2026
Sold
$2,800,000
-16.42%
MLS
3/11/2026
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Peter James and Lyon Stahl Investment Real Estate, Inc., William James

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3945 Frances Ave, Los Angeles, CA 90066 (MLS# 26663117) is a Multi-Family property that was sold at $2,800,000 on June 30, 2026. Want to learn more about 3945 Frances Ave? 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.