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Gateway Business Properties is pleased to present 3667 Veteran Avenue, a well-maintained four-unit apartment complex located in the highly desirable Palms neighborhood of West Los Angeles. Offering above-average unit sizes, strong rental upside, and a desirable unit mix, this property presents an exceptional opportunity for both investors and owner-users. The property has been attentively maintained, with two of the four units recently renovated, featuring modern flooring, beautiful kitchens and bathrooms, recessed lighting and electrical, among other features! Additionally, updated building plumbing and electrical systems, and a new efficient water heater provide long-term low-maintenance benefits for future owners. Other key features include an on-site laundry room, a private rear yard with fruit trees ideal for outdoor gatherings, and ample parking with both onsite covered spaces and additional driveway capacity. The building further benefits from separate gas and electric meters, a security system with cameras, and completed soft-story retrofit and SB 721 Balcony Certification, ensuring compliance with major structural safety upgrades. Strategically positioned just two blocks north of Venice Blvd. and four blocks west of Overland Ave, the property offers easy access to the 405 and 10 Freeways, placing tenants minutes from major employment hubs, entertainment, and retail centers in Culver City, Santa Monica, and West LA. The spacious and well-balanced unit mix includes one (1) - 1 bedroom/1 bath, one (1) - 2 bedroom/1.5 bath, one (1) - 2 bedroom/2 bath and one (1) - 3 bedroom/2 bath, catering to a diverse tenant base. With a projected rent upside of approximately 50%, 3667 Veteran Avenue represents a high-value investment opportunity with substantial long-term appreciation potential. This is a rare opportunity to acquire a turnkey multifamily asset in one of Los Angeles' strongest rental markets. ***All information deemed reliable, but not guaranteed. Buyers and Buyers Agents to do own due diligence.***
Property Type(s):
Residential Income
| Last Updated | 2/3/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | Palms - Mar Vista | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| AREA | Palms - Mar Vista |
| GARAGE | Attached Carport, Concrete, Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 4993 sq ft |
| LOT DESCRIPTION | Back Yard |
| PARKING | Attached Carport,Concrete |
| SEWER | Other |
| STORIES | 2 |
| ZONING | LARD2 |
Location
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Listed with Glenn Rosten
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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