3144 S Canfield Ave, Los Angeles, CA 90034
3144 S Canfield Ave, Los Angeles, CA 90034
3144 S Canfield Ave, Los Angeles, CA 90034
3144 S Canfield Ave, Los Angeles, CA 90034
3144 S Canfield Ave, Los Angeles, CA 90034
3144 S Canfield Ave, Los Angeles, CA 90034
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Shantrece's Assistant

Shantrece's Assistant

+1(904) 846-3855
$ 16,500,000
Est. payment | /mo

58 Beds

58 Baths

35,499 SqFt

Save
$ 16,500,000
Est. payment | /mo
Save

58 Beds

58 Baths

35,499 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 35,499 sqft

Price per Sqft $464

MLS Listing ID 26103187

Bedrooms 58

Year Built 1988

Lot Size 0.507 Acres

Acres 0.5074

Property Sub-Type Multi-Family

Property Description

Rare opportunity to acquire The Canfield, a RSO exempt 30-unit trophy multifamily asset in the coveted Castle Heights neighborhood of Los Angeles' Westside. Built in 1988 exempt from LA RSO the property spans approximately 35,499 SF on a 22,097 SF LAR3 lot and features exceptionally spacious residences: 28 two-bedroom/two-bath units averaging 1,100 SF, one 1,800 SF three-bedroom/two-bath, and one one-bedroom, many with private balconies and updated modern interiors. Residents enjoy a resort-style courtyard with sparkling pool and sundeck, elevator, controlled access, on-site laundry, and subterranean parking. The location is the definition of prime Westside: a quiet residential enclave minutes to Culver City, Beverly Hills, Century City, and Santa Monica, a 2-minute drive to downtown Culver City's dining and creative scene, a 13-minute walk to the Metro E Line, and easy access to the 10 and 405 freeways. Tenant demand is anchored by Sony Pictures Studios, the Culver City creative economy, Century City, and Kaiser Permanente West LA, in a zip code with a $105,701 median household income, 76% renter occupancy, and a $2.1M median home price. The offering presents stable in-place income with a clear path to upside current rents average $3.06/SF against $3.37/SF at market, growing NOI from $806,482 to $928,178 and the cap rate from 4.89% to 5.63% with none of the rent-increase limitations of LA's pre-1979 housing stock. An exceptional opportunity for investors seeking scale, quality 1988 construction, and operational freedom in one of Los Angeles' most supply-constrained submarkets.

Location

State CA

County Los Angeles

Area Beverlywood Vicinity

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Elevator

Exterior

Parking Features Subterranean

Garage Spaces 60.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
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 REMAX COMMERCIAL & INVESTMENT REALTY

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3144 S Canfield Ave