3667 Veteran Avenue, Los Angeles, CA 90034 (MLS # 25493707)

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PRICE $1,925,000 BEDS 8 BATHS 5 HOME SIZE 3,529 sqft LOT SIZE 4,992 sqft Request More Info Schedule a Showing

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.***