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The property consists of a 12,873 square foot vacant development site located at 10713-10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles. Zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan, the site is situated in a well-established multifamily submarket with strong demand drivers and convenient access to nearby employment centers, retail corridors, and transit infrastructure. The property is currently cleared following the demolition of prior residential improvements, providing a clean and efficient starting point for new development. Although a prior approval exists for a 28-unit TOC project, the regulatory landscape has evolved significantly, allowing for substantially greater development potential today. The site is eligible for multiple incentive programs, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City's Mixed Income Incentive Program (MIIP), introduced under the Citywide Housing Incentive Program (CHIP). These programs offer developers the ability to increase allowable unit count, expand floor area, achieve additional building height, and utilize more flexible development standards, creating a range of scalable design and financial outcomes depending on the selected entitlement strategy. Based on the current regulatory framework, the Site supports a range of high-density multifamily development scenarios. Under State Density Bonus Law (AB 1287) with HESMD streamlining, a project could achieve approximately 42 total units (including ADUs). Transit Oriented Communities (Tier 3) would allow for a smaller-scale development of approximately 36 total units. More significantly, MIIP scenarios offer materially greater density, including approximately 62 units under TOIA-2 (50 base units plus 12 ADUs), 67 units under OCIA-1 (54 base units plus 13 ADUs), 72 units under TOIA-2 (58 base units plus 14 ADUs), and up to approximately 78 units under OCIA-1 (63 base units plus 15 ADUs). These programs also allow increased floor area (up to approximately 49,000 square feet with incentives), height up to approximately 67-78 feet depending on the selected program, and flexible development standards, all without minimum parking requirements. Overall, the property presents a compelling opportunity to develop a high-density multifamily project in a core West Los Angeles location, with multiple viable paths to maximize unit count, optimize design, and capitalize on favorable planning policies that support increased residential development.

ACTIVE UNDER CONTRACT Status

The property consists of a 12,873 square foot vacant development site located at 10713-10725 W. Palms Boulevard in the Palms neighborhood of West Los Angeles. Zoned R3-1 within the Palms Mar-Vista Del Rey Community Plan and located in the Exposition Corridor Transit Neighborhood Plan, the site is situated in a well-established multifamily submarket with strong demand drivers and convenient access to nearby employment centers, retail corridors, and transit infrastructure. The property is currently cleared following the demolition of prior residential improvements, providing a clean and efficient starting point for new development. Although a prior approval exists for a 28-unit TOC project, the regulatory landscape has evolved significantly, allowing for substantially greater development potential today. The site is eligible for multiple incentive programs, including State Density Bonus Law (SDBL), Transit Oriented Communities (TOC Tier 3), and the City's Mixed Income Incentive Program (MIIP), introduced under the Citywide Housing Incentive Program (CHIP). These programs offer developers the ability to increase allowable unit count, expand floor area, achieve additional building height, and utilize more flexible development standards, creating a range of scalable design and financial outcomes depending on the selected entitlement strategy. Based on the current regulatory framework, the Site supports a range of high-density multifamily development scenarios. Under State Density Bonus Law (AB 1287) with HESMD streamlining, a project could achieve approximately 42 total units (including ADUs). Transit Oriented Communities (Tier 3) would allow for a smaller-scale development of approximately 36 total units. More significantly, MIIP scenarios offer materially greater density, including approximately 62 units under TOIA-2 (50 base units plus 12 ADUs), 67 units under OCIA-1 (54 base units plus 13 ADUs), 72 units under TOIA-2 (58 base units plus 14 ADUs), and up to approximately 78 units under OCIA-1 (63 base units plus 15 ADUs). These programs also allow increased floor area (up to approximately 49,000 square feet with incentives), height up to approximately 67-78 feet depending on the selected program, and flexible development standards, all without minimum parking requirements. Overall, the property presents a compelling opportunity to develop a high-density multifamily project in a core West Los Angeles location, with multiple viable paths to maximize unit count, optimize design, and capitalize on favorable planning policies that support increased residential development.

10713 10713-25 Palms Blvd, Los Angeles

Courtesy of Miller & Desatnik Realty Co., Gary Fox - CA DRE#00847295

$8,995,000

Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.

36 Beds ⋅ 42 Baths ⋅ ACTIVE Status

Rare opportunity to acquire a 42-unit apartment community in the highly desirable Palms area. The property is comprised of low-rise buildings featuring primarily studio and one-bedroom units, supported by a stable tenant base with many long-term residents. Situated on approximately 41,275 Sq Ft across two separate APNs, the asset offers over 350 Ft of frontage along Sepulveda Blvd, providing strong visibility and long-term positioning. Units are separately metered for gas and electricity, helping to reduce operating expenses. Additional income is generated through three on-site laundry rooms. The property includes approximately 45 parking spaces consisting of open, garage, and carport parking. A central courtyard with a swimming pool enhances tenant appeal and livability. Ideally located near major retail amenities including Trader Joe's, CVS, and the upcoming Whole Foods Market.

3585 S Sepulveda Blvd, Los Angeles

Courtesy of Cavanaugh Realtors, Daniel John Cavanaugh - CA DRE#00576151

$4,579,500

Thomas James Homes, the builder, wants to collaborate with you in putting your personal design touches into this stunning Farmhouse-style residence. Nestled in sought-after Mar Vista and currently under construction, this home is thoughtfully designed for modern living and effortless entertaining. The open-concept main floor features expansive dining and living areas centered around a cozy fireplace, creating a warm and inviting atmosphere. At the heart of the home is a gourmet kitchen, complete with a generous island with bar seating, a walk-in pantry, a separate Butler's pantry, and a charming breakfast nook. The adjoining great room opens seamlessly to the backyard through large doors, perfect for indoor-outdoor living. Also on the main level is a fully equipped ADU featuring a kitchenette, private bedroom, and en-suite bathroom. Upstairs, you'll find a spacious loft, a convenient laundry room with sink and built-in storage, and two secondary bedrooms, each with its own ensuite bathroom. Retreat to the luxurious grand suite, boasting a large walk-in closet and a spa-inspired bathroom with dual vanities, a free-standing soaking tub, and a walk-in shower. Unlock the advantages of buying a work-in progress home built by TJH, a national leader in high-quality single-family residences. Learn about the preferred pricing plan, personalized design options, guaranteed completion date and more. Contact TJH to learn the benefits of buying early. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel. Completion dates are subject to final permits being received. Home, pricing, and community information is subject to change, on homes prior to sale, at any time without notice or obligation. Square footages and dimensions are approximate and may vary in construction and depending on the standard of measurement used, engineering and municipal requirements, or other site-specific conditions. The square footage listed for this property is an approximation and Seller and Seller's Broker/Agent do not guarantee the accuracy of this information. If square footage is material to Buyer's purchasing decision, Buyer is advised to independently verify the square footage, lot size, and all other property dimensions during the buyer's investigation period and rely solely on their own investigations and those of professionals retained by Buyer. Imagery is representational and does not depict specific details. All information subject to change. No representations or warranties, express or implied, are made by Seller regarding square footage. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

4 Beds ⋅ 5 Baths ⋅ ACTIVE UNDER CONTRACT Status

Thomas James Homes, the builder, wants to collaborate with you in putting your personal design touches into this stunning Farmhouse-style residence. Nestled in sought-after Mar Vista and currently under construction, this home is thoughtfully designed for modern living and effortless entertaining. The open-concept main floor features expansive dining and living areas centered around a cozy fireplace, creating a warm and inviting atmosphere. At the heart of the home is a gourmet kitchen, complete with a generous island with bar seating, a walk-in pantry, a separate Butler's pantry, and a charming breakfast nook. The adjoining great room opens seamlessly to the backyard through large doors, perfect for indoor-outdoor living. Also on the main level is a fully equipped ADU featuring a kitchenette, private bedroom, and en-suite bathroom. Upstairs, you'll find a spacious loft, a convenient laundry room with sink and built-in storage, and two secondary bedrooms, each with its own ensuite bathroom. Retreat to the luxurious grand suite, boasting a large walk-in closet and a spa-inspired bathroom with dual vanities, a free-standing soaking tub, and a walk-in shower. Unlock the advantages of buying a work-in progress home built by TJH, a national leader in high-quality single-family residences. Learn about the preferred pricing plan, personalized design options, guaranteed completion date and more. Contact TJH to learn the benefits of buying early. New TJH homeowners will receive a complimentary 1-year membership to Inspirato, a leader in luxury travel. Completion dates are subject to final permits being received. Home, pricing, and community information is subject to change, on homes prior to sale, at any time without notice or obligation. Square footages and dimensions are approximate and may vary in construction and depending on the standard of measurement used, engineering and municipal requirements, or other site-specific conditions. The square footage listed for this property is an approximation and Seller and Seller's Broker/Agent do not guarantee the accuracy of this information. If square footage is material to Buyer's purchasing decision, Buyer is advised to independently verify the square footage, lot size, and all other property dimensions during the buyer's investigation period and rely solely on their own investigations and those of professionals retained by Buyer. Imagery is representational and does not depict specific details. All information subject to change. No representations or warranties, express or implied, are made by Seller regarding square footage. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

3757 May St, Los Angeles

Courtesy of Thomas James Real Estate Services, Inc, Clarence Clemons - CA DRE#01156185

$2,500,000

MAJOR PRICE ADJUSTMENT! We are pleased to present a 9 unit offering in one of the best Palms locations at 3662 Keystone Ave, just a short distance to the new developments along Overland Blvd and short distance to downtown Culver City. The offering consists of (6) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, (1) 2 Bed, 1.5 Bath, and (1) Studio, 1 Bath unit that is spread out over 7,512 square feet, which offers spacious unit layouts. The property was built in 1961 and sits on a 7,500 square foot lot that is zoned LAR3. The investment offering provides an excellent value-add opportunity for future investors with rents approximately 30% below market, in one of the best rental pockets of LA's Westside. The building offers 10 parking spaces and on-site laundry for for tenants. The building features a brand new roof, copper plumbing and was recently repainted. With it's excellent unit mix and future upside potential, an investor is poised to take advantage of a generational real estate asset in a prime location that has experienced tremendous growth and development. The Palms market has continued to prove to be one of the best rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates, renters continue to seek out opportunities in the immediate area surrounding the subject property. With Culver City directly to the south, Venice directly west, and high end neighborhoods just to the north, Palms is strategically located to continue to see massive growth. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. With tech companies like Amazon, Youtube and TikTok, the location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

10 Beds ⋅ 11 Baths ⋅ ACTIVE Status

MAJOR PRICE ADJUSTMENT! We are pleased to present a 9 unit offering in one of the best Palms locations at 3662 Keystone Ave, just a short distance to the new developments along Overland Blvd and short distance to downtown Culver City. The offering consists of (6) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, (1) 2 Bed, 1.5 Bath, and (1) Studio, 1 Bath unit that is spread out over 7,512 square feet, which offers spacious unit layouts. The property was built in 1961 and sits on a 7,500 square foot lot that is zoned LAR3. The investment offering provides an excellent value-add opportunity for future investors with rents approximately 30% below market, in one of the best rental pockets of LA's Westside. The building offers 10 parking spaces and on-site laundry for for tenants. The building features a brand new roof, copper plumbing and was recently repainted. With it's excellent unit mix and future upside potential, an investor is poised to take advantage of a generational real estate asset in a prime location that has experienced tremendous growth and development. The Palms market has continued to prove to be one of the best rental pockets in all of Los Angeles. With continued rent growth and low vacancy rates, renters continue to seek out opportunities in the immediate area surrounding the subject property. With Culver City directly to the south, Venice directly west, and high end neighborhoods just to the north, Palms is strategically located to continue to see massive growth. Area amenities include high end restaurants, bars and nightlife along with shopping and a robust office market making it a perennial economic hub in Southern California. With tech companies like Amazon, Youtube and TikTok, the location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods.

3662 Keystone Ave, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James - CA DRE#01748556

$2,800,000

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter.** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify

10 Beds ⋅ 11 Baths ⋅ ACTIVE Status

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. We are pleased to offer for sale 3344 Keystone Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located East of Overland Avenue & North of Palms Boulevard, ideally located three blocks away from the I-10 Freeway and one block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3344 Keystone provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,496 square foot lot, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. Select units have been upgraded with new flooring, quartz countertops, stainless steel appliances, AC and more. All six of the one-bedroom units have plans to be converted to two-bedroom units as well as the ability to add an Additional Dwelling Unit (ADU), providing new ownership a major repositioning opportunity. The property is professionally managed and offers large floor plans, balconies, on-site parking & laundry. 3344 Keystone Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles. * The Properties Original Certificate of Occupancy Indicates that there are 9 Apartments; while the LA County Assessor's Record Indicates there are 8 Units. City of Los Angeles goes by Certificate of Occupancy to Determine Legal Units. Buyer must conduct their own Due Diligence Regarding this Matter.** LA Assessor Indicates 7,638 Square Feet - Buyer to Verify

3344 Keystone Ave, Los Angeles

Courtesy of Marcus & Millichap, Sean Rosenzweig - CA DRE#01406343