Cresta Palms — Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Los Angeles, CA 90034
Investment Figures
- Cap rate
- 4.72%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
We are pleased to present 3718 Vinton Ave, Los Angeles, CA 90034, an exceptional 8-unit multifamily investment opportunity in the highly desirable Palms neighborhood on the Westside of Los Angeles. Situated in a vibrant, dense urban area known for its walkability, proximity to trendy Culver City, Sony Studios (now part of the thriving creative and tech ecosystem), coffee shops, restaurants, parks, and major employment hubs, this location benefits from strong rental demand driven by young professionals, families, and proximity to attractions like the Culver City Promenade. Palms offers a mix of apartment buildings and commercial ribbons, with excellent access to freeways, public transit, and nearby institutions such as West Los Angeles College. The broader Westside multifamily market continues to show resilience, with positive appreciation forecasts for 2026 in areas like Palms and adjacent Culver City, supported by limited inventory and ongoing buyer interest in value-add assets. Investment Highlights: • Prime Palms/Westside Location • 8-Unit Multifamily Building — Built in 1958, comprised of 1 x 3 bed/2 bath, 2 x 2 bed/1 bath, 5 x 1 bed/1 bath-offering stable cash flow in a high-demand rental area. • First Time on Market in Decades — Rare opportunity to acquire a family-held asset in one of LA's most resilient Westside neighborhoods.
Market Context
This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.
As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.
Its 4.7% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Greater Los Angeles?
- About 5.0% as of Q1 2026, per multiple brokerage reports.
Contact
- Jeff Louks · (818) 212-2780 · jeffrey.louks@marcusmillichap.com
- Danny Abergel · (818) 212-2715 · danny.abergel@marcusmillichap.com
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