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$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

CLAW #25492575

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

CLAW #25492575

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

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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