Thank you
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
310-425-9838
12.56 GRM and 5.55% cap in Prime Palms! 3731 Glendon Ave is an amazing opportunity to own six units offered at only $275k/unit. Whether you are long term or a valueadd investor, the subject property is the perfect assets to help achieve your investment goals. 3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath and (1) Studio/1-Bath units - (2) 1-Bed/1-Bath and (1) Studio/1-Bath units are currently vacant. Beneficial to the new owner, both vacant 1-Bedroom units are renovated, including new floors, counter tops, bathrooms, fixtures, etc. Once fully rented, the property will operate at a 9.06% CAP and 8.46 GRM. This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3731 Glendon Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1926
Building Area Total: 2,383
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1083
Lot Size Source: Assessor
Lot Size Square Feet: 4719
Original List Price: 1,650,000
Listing Contract Date: 2024-03-25
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4252029027
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C13 - Palms - Mar Vista
Postal Code Plus 4: 6269
Directions: Major cross streets are Venice Blvd. and Overland Ave.
Zoning: LAR3
Source Property Type: Residential Income
Area: C13 - Palms - Mar Vista
Property SubType: Apartment
Property Age: 98
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3610 Westwood Boulevard, Los Angeles, CA,90034 | $3,350,000 | 13 | -- | 6,270 | 7931 Sqft |
3766 S Canfield Avenue, Los Angeles, CA,90034 | $3,300,000 | 8 | -- | 4,854 | 6428 Sqft |
3126 S Canfield Avenue, Los Angeles, CA,90034 | $3,250,000 | 11 | -- | 7,321 | 8005 Sqft |
1920 S Robertson Boulev.., Los Angeles, CA,90034 | $14,000,000 | 37 | -- | 21,997 | 24384 Sqft |
2803 Cardiff Avenue, Los Angeles, CA,90034 | $2,199,000 | 3 | 2 | 1,700 | 6761 Sqft |
10521 National Boulevar.., Los Angeles, CA,90034 | $450,000 | 1 | 1 | 625 | 27070 Sqft |
3757 Veteran Avenue, Los Angeles, CA,90034 | $2,290,000 | 8 | -- | 4,248 | 4664 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | -- | -- | 2,104 | 6754 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | 3 | 2 | 2,104 | 6754 Sqft |
2016 S Bedford Street #1, Los Angeles, CA,90034 | $2,350,000 | -- | -- | 6,384 | 6301 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 00:13
MLS: SB24059212
LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.