$1,650,000
Active
2 Days Online
0 Beds0 Baths2,383 SQFT
Active

3731 Glendon Avenue Los Angeles, CA 90034

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site1 Day
  • MLS StatusActive
  • MLS ID NumberSB24059212
  • Home Size Source N/A
  • Year Built1926
  • Lot Size0.1083 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.1083
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Laundry Features Community

Exterior Features

  • Pool Features None
  • Lot 0-1 Unit/ Acre

Community Features

  • Community Features Urban
  • Senior Community No
  • MLS Area C13 - Palms - Mar Vista

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Monthly Payment (Est.)

$8,800
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