Listing provided courtesy of Marcus & Millichap- MLS# 24-354097MLS Provider

3344 Keystone AveLos Angeles, CA 90034

Multi-Family · 10 Beds · 7,638 Sq. ft. | 0.17 Acres
$2,800,000 Active

3344 Keystone Ave Overview

Time on Site:
879 days
Visits:
0

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter.** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify

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3344 Keystone Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,638
  • Price/Sq.ft. $367
  • Lot 0.17 Acres

Details

General

Income/Expenses

  • Gross Income: 253159
  • Net Operating Income: 167664.00

Building Information

  • Year Built: 1957

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Palms - Mar Vista

Tax Information

  • Tax Assessed Value: 280100

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LAR3

Interior

Beds/Baths

  • Bathrooms Total: 11.00
  • Bedrooms Total: 10

General Information

  • Cooling: Central
  • Heating: Central
  • Levels: Two, Multi/Split
  • Living Area: 7638
  • Living Area Source: Assessor
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 11

Lot Information

  • Lot Size Acres: 0.1721
  • Lot Size Area: 7496
  • Lot Size Source: Assessor
  • Number Of Buildings: 1

General Information

  • Number Of Units Total: 9
  • Other Structures: Other

3344 Keystone Ave Neighborhood

Community

90034 (Los Angeles) Demographics

34
Median Age
18,077
Population Density (per sq. mile)
67%
College Educated
$80,773
Estimated Median Income
5,272
Estimated Total Home Owners
20,924
Estimated Total Renters
20% / 80%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3344 Keystone Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3344 Keystone Ave Market Data

Based on the last 30 days in this zip code

$1,649,487
Average List Price
$874
Average Price per Square Foot
39
Properties Sold
59
Average Days on Market
253
Properties for Sale
Calculations provided by Reliance Network

3344 Keystone Ave History

Date Event Value Agent
5/2/2025Source: CRMLS Price Reduction
$2,800,000 -6.7%
5/2/2025Source: TheMLS (CLAW) Price Reduction
$2,800,000 -6.7%
3/5/2025Source: CRMLS Price Reduction
$3,000,000 -4.8%
3/5/2025Source: TheMLS (CLAW) Price Reduction
$3,000,000 -4.8%
6/19/2024Source: CRMLS Price Reduction
$3,150,000 -1.6%
6/19/2024Source: TheMLS (CLAW) Price Reduction
$3,150,000 -1.6%
5/17/2024Source: CRMLS Price Reduction
$3,200,000 -1.5%
5/16/2024Source: TheMLS (CLAW) Price Reduction
$3,200,000 -1.5%
3/21/2024Source: CRMLS Price Reduction
$3,250,000 -3.0%
3/21/2024Source: TheMLS (CLAW) Price Reduction
$3,250,000 -3.0%
2/1/2024Source: CRMLS Added to Database
February 01, 2024
2/1/2024Source: TheMLS (CLAW) Added to Database
February 01, 2024
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