3115 Ivy Street,Los Angeles, CA 90034
Los Angeles, CA 90034
Description
We are pleased to present 3115 Ivy Street, an 8 unit apartment community located in the highly desirable Culver City/ Palms neighborhood of West Los Angeles. Built in 1964, the property offers approximately 6,038 square feet of rentable living area on a 6,157 squarefoot lot, providing investors with a well located and stable asset in one of the Westside's most consistently strong rental markets. The building features a practical and appealing unit mix, with bright interiors, efficient layouts, and the long term durability associated with classic midcentury construction. These characteristics support steady tenant demand and create a reliable operating environment for ownership, while still offering clear opportunities for future modernization and value enhancement. 3115 Ivy Street benefits from an exceptional location just steps away from Culver City, placing residents near major employment centers such as Culver City's expanding tech and creative office district, Sony Studios, and the broader Westside job base. The property is surrounded by a wide selection of dining, retail, and neighborhood conveniences along Venice Boulevard and Sepulveda Boulevard. Connectivity is another key advantage, with close access to the I10 and I405 Freeways as well as the Metro E Line, allowing for convenient travel throughout Greater Los Angeles. Situated within a supply constrained, transit oriented, and high demand rental pocket, 3115 Ivy Street represents a compelling opportunity to acquire a well maintained multifamily asset with stable in place income and meaningful potential for long term appreciation.
Details
| MLS # | 26664783 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1964 |
| Days On Site | 215 |
| Listing Provided By | Marcus & Millichap | Michael Sterman |
Features
| Bed(s) | 15 |
|---|---|
| Bath(s) | 15 |
| SQ Feet | 6,038 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.14 |
Parking
| Parking Features | Door Multi, Garage |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C09 Beverlywood Vicinity |
| Listing VS Median (in 90034) | |
Price: $2,200,000 low | high Med: $2,575,000 sqft: 6,038 low | high Med: 7,359 $ / sqft: $364 low | high Med: $350 On site: 215 low | high Med: 81.5 | |
Market Activity 90034
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C09 Beverlywood Vicinity |
| Listing VS Median (in 90034) | |
Price: $2,200,000 low | high Med: $2,575,000 sqft: 6,038 low | high Med: 7,359 $ / sqft: $364 low | high Med: $350 On site: 215 low | high Med: 81.5 | |
