Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

2820 S Sepulveda Blvd 21 Unit Apartment Building $4,500,000 ($214,286/Unit) 5.51% Cap Rate Los Angeles, CA 90064

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

• 21-unit courtyard-style property situated on a large 0.25-acre lot in West Los Angeles, just minutes from the major employment and lifestyle hubs of Culver City, Beverly Hills, Century City, and Westwood
• First time on the market in 24 years, offering investors the rare chance to acquire a historically very well-occupied asset with upside
• Competitively priced below replacement cost at $214,286 per unit, offering investors a 5.51% in-place cap rate to be an 8.95% pro forma cap rate
• Residents benefit from a center courtyard style layout, 21 on-site parking spaces, and a community laundry room
• Recent capital improvements include newly upgraded electrical panels in 2025 and a completed soft story retrofit
• Opportunity for an astute investor to increase rental income through the development of an Accessory Dwelling Unit (ADU)
• Ideally located near the intersection of the I-10 and I-405 freeways, providing residents with convenient access to all of Greater Los Angeles and within 10 minutes of Westside attractions, including the Culver Steps, Penmar Golf Course, and Little Osaka
• Located within three miles of the world-renowned University of California, Los Angeles (UCLA), which enrolls over 48,000 students and employs nearly 4,000 full-time faculty, fueling strong off-campus rental demand in the submarket

PROPERTY FACTS

Price $4,500,000
Price Per Unit $214,286
Sale Type Investment
Cap Rate 5.51%
Gross Rent Multiplier 11.13
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 10,794 SF
Average Occupancy 95%
No. Stories 2
Year Built 1958
Parking Ratio 1.71/1,000 SF
Zoning LAR3

AMENITIES

UNIT AMENITIES

  • Balcony
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 - -
1+1 11 - -
2+2 4 - -
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4251-003-019
Land Assessment
$1,130,132
Improvements Assessment
$1,218,767
Total Assessment
$2,348,899
  • Listing ID: 37463381

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 2820 S Sepulveda Blvd, Los Angeles, CA 90064

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}