Share this with your friends
+16263946606
iQsold inc
3945 Frances Ave, Los Angeles, CA 90066
- $2,800,000
- 17
- BD
- 19
- BA
- 9,165
- SqFt
- Sold Price
- $2,800,000
- List Price
- $3,350,000
- Closing Date
- Jun 30, 2026
- MLS#
- 26663117
- Year Built
- 1963
- Bedrooms
- 17
- Bathrooms
- 19
- Living Sq. Ft
- 9,165
- Lot Size
- 9,979
- Lot Location
- Alley Access
- Days on Market
- 44
- Property Type
- Multifamily
- Stories
- 2
Property Description
3945 Frances is an opportunity to acquire a 19 unit offering in a prime pocket of Mar Vista, adjacent to multi-million dollar homes. The property consists of 19 units, of which, (6) bachelor units are non-conforming. The current unit mix is (13) 1 bed, 1 bath and (6) bachelor, 1 bath units spread out across 9,165 square feet. The building was built in 1963 and sits on a 9,976 square foot lot zoned LAR3. There are currently 2 vacant 1 bed, 1 bath units that offer an investor the opportunity to capture immediate upside. With it's central location on the Westside, the Mar Vista submarket captures premium rents and the ability to increase cash flow on day one. The building offers on-site laundry facilities and 13 parking spaces, a necessary amenity in this part of town. Mar Vista has benefited from it's location, adjacent to Venice to the west, Culver City to the south, and West LA to the north. These locations have seen massive growth and development, with both an influx of businesses and residents that have helped rejuvenate these markets, making them a premiere rental pocket in LA's most desirable and renter friendly pocket.
Additional Information
- Lot Description
- Alley Paved, Lot-Level/Flat, Lot Shape-Rectangular
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- None
- View
- None
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Assigned
- Water
- Public
Mortgage Calculator
Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James - CA DRE#01748556 Selling Office: .
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective 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 CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).