$3,350,000

3945 Frances Avenue, Los Angeles, CA 90066

  • 17 beds |
  • 19 baths |
  • 9,165 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon9,980sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $366/sqft
  • Property List Date Icon Listed 21 days ago

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.

Listing Status:
Active
Date Added:
March 11, 2026
Data Last Updated:
April 2, 2026 at 12:19AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Peter James : 310-467-7581
MLS ID:
26663117
  • Appliances: RangeRefrigerator
  • Laundry: Common Area
  • A/C: None
  • Heating: Wall Furnace
  • General: None
  • Pool: None
  • Parking: AssignedParking spaces: 13
  • General: Stucco2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR34235005001
  • View: None
  • Sewer: Other
  • Source: CRMLS_CL

This listing courtesy of Peter James , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grand View Boulevard Elementary School

3951 Grand View Blvd, Los Angeles, CA, 90066

Grades KG-5

0.37 miles away

J

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

0.26 miles away

J

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.