• Broker Chase Simonton 3103835927
  • Broker Robert Carlile 3108533016

3125 S Durango Ave 8 Unit Apartment Building $2,550,000 ($318,750/Unit) 6.07% Cap Rate Los Angeles, CA 90034

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INVESTMENT HIGHLIGHTS

  • Excellent Unit Mix: (2) 3-Bed / 2-Bath, (2) 2-Bed / 1.5-Bath, (2) 2-Bed / 1-Bath, (2) 1-Bed / 1-Bath
  • 5.86% CAP
  • 11.05 GRM

EXECUTIVE SUMMARY

RE/MAX One Commercial is pleased to present this rare 8-unit multifamily
investment opportunity located at 3125 S Durango Ave, situated in the highly
desirable Palms neighborhood of West Los Angeles. Built in 1957, the property
features 7,376 sq. ft. of rentable space on a spacious 8,001 sq. ft. lot zoned LAR3
—offering immediate income with significant value-add potential.
The unit mix includes two 3-bedroom, 2-bath units; two 2-bedroom, 1.5-bath
units; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath units—an ideal
configuration for maximizing rentability across a variety of tenant profiles.
The property includes 8 on-site parking spaces within a detached garage structure,
with no seismic retrofit required. The detached parking area offers prime ADU
conversion potential (buyer to verify), presenting an opportunity to increase unit
count and rental income.
Current rents are well below market, offering a 29% rental upside through interior
renovations and ADU expansion. Located just minutes from Downtown Culver
City, Sony Studios, and the Expo Line, this is a strategic Westside asset with both
immediate and long-term investment potential.

ATTACHMENTS

3125 S Durango Ave-3_compressed

PROPERTY FACTS

Price $2,550,000 Apartment Style Low-Rise
Price Per Unit $318,750 Building Class C
Sale Type Investment Lot Size 0.18 AC
Cap Rate 6.07% Building Size 7,376 SF
Sale Condition 1031 Exchange Average Occupancy 97%
Gross Rent Multiplier 10.77 No. Stories 2
No. Units 8 Year Built 1957
Property Type Multifamily Parking Ratio 0.75/1,000 SF
Property Subtype Apartment
Zoning R3-1. Los Angeles
Price $2,550,000
Price Per Unit $318,750
Sale Type Investment
Cap Rate 6.07%
Sale Condition 1031 Exchange
Gross Rent Multiplier 10.77
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 7,376 SF
Average Occupancy 97%
No. Stories 2
Year Built 1957
Parking Ratio 0.75/1,000 SF
Zoning R3-1. Los Angeles

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+1.5 4 - -
3+1.5 2 - -
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (82)

PROPERTY TAXES

Parcel Number 4311-026-005 Improvements Assessment $998,890
Land Assessment $1,024,564 Total Assessment $2,023,454

PROPERTY TAXES

Parcel Number
4311-026-005
Land Assessment
$1,024,564
Improvements Assessment
$998,890
Total Assessment
$2,023,454

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 35969818

  • Date on Market: 5/23/2025

  • Last Updated: 6/5/2025

  • Address: 3125 S Durango Ave, Los Angeles, CA 90034