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Armand Martin

armand.martin@exprealty.com +1(661) 221-5011

$ 2,850,000

Est. payment | -/mo

11 Beds

12 Baths

7,032 SqFt

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$ 2,850,000

Est. payment | -/mo

Save

11 Beds

12 Baths

7,032 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,032 sqft

Price per Sqft $405

MLS Listing ID 26872159

Bedrooms 11

Year Built 1967

Lot Size 7,506 Sqft

Acres 0.1723

Property Sub-Type Multi-Family

Property Description

3602 Keystone Ave is ideally located in the heart of Palms, one of the best rental pockets on LA's Westside and directly adjacent to Culver City. The subject property is a 10 unit apartment building built in 1967. The building boasts an excellent unit mix including (2) 2 bed / 1.5 bath, (7) 1 bed / 1 bath, and (1) studio / 1 bath units spread out over 7,032 net rentable square feet and sits on a 7,504 square foot LAR3 zoned lot. 3602 Keystone is a rare pride-of-ownership offering that has been meticulously maintained over the years, with most units renovated. The property produces excellent in-place cash flow with approximately 14% upside remaining in the rents, giving a future investor a turnkey asset with long term growth potential. Palms has established itself as one of the strongest rental pockets in all of Los Angeles, anchored by its proximity to Culver City's booming tech and media economy. Culver City has become a true "content capital," drawing marquee employers including Apple, Amazon, HBO, Sony Pictures, TikTok, and Pinterest, all within minutes of the subject property. The Overland Blvd corridor immediately surrounding the property is in the midst of a major transformation, with nearly 400 new mixed-use apartment units in the pipeline bringing new retail, density, and vibrancy to the neighborhood, while Downtown Culver City's thriving live-work-dine district, anchored by Ivy Station and The Culver Steps, sits just to the west. The property is easily accessible to all of the Westside's major business hubs, with immediate proximity to the 10 Freeway and the Metro E (Expo) Line connecting tenants to Culver City, Santa Monica, and Downtown LA. The combination of an irreplaceable location, a pristine building, excellent cash flow, and remaining rental upside makes this a compelling opportunity to own a generational asset in one of LA's best neighborhoods.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Ceiling Fan, Refrigerator, Range/Oven, Microwave

Laundry Laundry Area

Exterior

Parking Features Carport, Garage Is Attached, Private Garage, Assigned, Gated

Garage Spaces 12.0

Pool None

Waterfront Description None

View Y/N No

View None

Roof Type Rolled/Hot Mop

Building

Lot Description Lot Shape-Rectangular, Alley Paved

Story 2

Sewer In Street

Water Public

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

3602 Keystone Ave Los Angeles, CA 90034

Armand Martin

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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3602 Keystone Ave