$1,900,000
3661 Dunn Drive, Los Angeles CA 90034
Multi-Family (7 Units)
Property type
17 days
On market
$380
Price per sqft
11 cars
Garage
1987
Year built
5,847 sqft
Lot size
Open Houses
Overview
Rare investment opportunity to acquire a 7-unit multifamily property in the highly desirable Palms neighborhood. The unit mix consists of one 2-bedroom, 2.5-bathroom two-story townhouse, one 1-bedroom, 1-bathroom unit with a loft, and five 1-bedroom, 1-bathroom units. The property offers 11 underground parking spaces and on-site laundry facilities for tenant...
Listing provided by: Gloria Zelaya DRE #01349022, Real Broker
Listing updated: Jun 4, 2026 at 05:51pm.
Last checked: Jun 13, 2026 at 04:30am
Source: CRMLS #PF26117305
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | — | $2,900 | $2,900 | $2,900 | Unfurnished |
| 1 | 1 | 1 | — | $1,600 | $1,600 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $1,700 | $1,700 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,243 | $1,243 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,505 | $1,505 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,300 | $1,300 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,505 | $1,505 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 7
Total Actual Rent: $11,753
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
2.94%
NOI / List Price
Gross Scheduled Income: $141,036
Vacancy Allowance: $3,912
Vacancy Allowance Rate: 2%
Operating Expense: $85,147
Net Operating Income: $55,889
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $1,200
Fuel: $0
Insurance: $7,638
Licenses: $461
Maintenance: $17,500
New Taxes: $27,300
Pest Control: $420
Pool: $0
Professional Management: $9,584
Supplies: $0
Trash: $7,250
Water / Sewer: $11,794
Workers Comp: $2,000
Other Expense: $0
Interior
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Covered
Garage Spaces: 11
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4313007013
Additional Parcels: No
Tax Lot: 41
Community
Senior Community: No
Community Features: Sidewalks