3945 Frances Avenue, 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
- Status
- CLOSED
- MLS#
- 26663117
- Year Built
- 1963
- Bedrooms
- 17
- Bathrooms
- 19
- Living Sq. Ft
- 9,165
- Lot Size
- 9,979
- Acres
- 0.23
- Lot Location
- Rectangular Lot
- Days on Market
- 44
- Property Type
- Multifamily
- Stories
- Two Levels, Multi Level
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.
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Additional Information
- Appliances
- Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 19
Listing courtesy of Listing Agent: Peter James (peter@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Peter James from Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.