3709 S Bentley Ave, Los Angeles, CA 90034

Property Overview

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3709 S Bentley Ave offers the opportunity to acquire an 8-unit multifamily asset in a prime Westside location on a quiet, tree-lined street in the Palms / Mar Vista neighborhood of Los Angeles. Built in 1965, the property sits on a ~7,561 SF lot and features an ideal unit mix consisting of (4) 2-bedroom / 1-bath units, (2) 1-bedroom / 1-bath units, (1) 2-bedroom / 2-bath unit, and (1) studio unit. The five two-bedroom units average approximately 900–1,000 SF, appealing to a broad tenant base.

The asset offers stable in-place income with significant rental upside through a combination of interior renovations and strategic rent adjustments. Four of the eight units have already been renovated, while the remaining units are well maintained with classic interior finishes, providing a clear path to further enhance rents and overall property performance.

Current rents average approximately $1,733 per unit compared to projected market rents of approximately $2,688 per unit, representing roughly 64% rental upside. This equates to approximately $85K–$90K in projected NOI growth as units turn and improvements are completed.

Offered at $2,000,000 ($250,000 per unit / ~$298 PSF), the property presents investors with immediate cash flow and a strong value-add opportunity in a supply-constrained Westside rental market.

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Key Property Details

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• Address: 3709 S Bentley Ave, Los Angeles, CA 90034
• Units: 8
• Year Built: 1965
• Building Size: ~6,710 SF
• Lot Size: ~7,561 SF
• Unit Mix: (4) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, (1) 2 Bed / 2 Bath, (1) Studio

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Investment Highlights

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• Significant Rental Upside Through Rent Optimization
  Current rents average approximately $1,733 per unit while projected market rents average approximately $2,688 per unit, representing an estimated ~64% upside that can be captured through unit renovations and natural tenant turnover.
• Compelling NOI Growth Opportunity
  Net operating income is projected to increase from approximately $98K to approximately $184K annually, equating to approximately $85K–$90K in NOI growth as rents are adjusted toward market levels.
• Recent Capital Improvements & Reduced Near-Term CapEx
  Ownership has invested approximately $150K into seismic retrofitting and a new roof. The property also features copper plumbing, fresh exterior paint, on-site laundry, security cameras, and six parking spaces, contributing to a well-maintained asset with reduced near-term capital requirements.
• Additional Upside Through ADU Potential
  Situated on a 7,500+ SF lot, the property offers potential for ADU development (buyer to verify), providing an opportunity to further increase income and maximize site density.
• Prime Westside Location with Strong Rental Demand
  Located in the Palms / Mar Vista corridor, the property benefits from proximity to major employment hubs including Culver City, Century City, Santa Monica, and the broader Westside, supporting long-term rental demand and investment stability.

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Neighborhood and Accessibility

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The Palms / Mar Vista submarket is one of the Westside’s most accessible and consistently performing rental corridors, driven by its proximity to major employment centers and lifestyle amenities. Residents benefit from convenient access to Culver City, Century City, Santa Monica, and surrounding coastal markets, along with major transportation routes connecting to the greater Los Angeles area.

The neighborhood offers a strong mix of retail, dining, and entertainment options, combined with a residential feel that continues to attract a wide renter demographic. These fundamentals support stable occupancy and long-term rent growth, positioning Palms / Mar Vista as a highly desirable multifamily investment location within the Los Angeles market.

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl

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