$2,695,000
- Beds
- 13
- sq ft
- 7,624
3744 Delmas Ter, Los Angeles, CA 90034
3744 Delmas Ter
Los Angeles, CA 90034
- 58 days on market
** BACK ON MARKET - NOW IS YOUR CHANCE ** NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $214,896 a year, this property is not just a great investment -- priced at an almost 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.
Details
Property type
Lot size
7,317 sq ft
Price per sq ft
$354
Year built
1984
HOA
No
Price History
03/12/2025

CLAW #25492575
Listed
$2,695,000
02/19/2025

CLAW #25492575
Pending
$2,695,000
01/31/2025

CLAW #25492575
Listed
$2,695,000
Schools & Community
Neighborhood:
Palms
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Los Angeles Unified
Status: Active
Tomo last checked: 03/31/2025 at 12:45 AM
Listing updated: 03/12/2025 at 2:15 PM
Listed by: Peter Maurice, Rodeo Realty Phone #: (310) 724-7100
MLS: CLAW #25492575

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