3729 Glendon Avenue Los Angeles, CA 90034
OWNER OCCUPIED OPPORTUNITY & $150K PRICE REDUCTION - potential for a 3-bed unit to be delivered VACANT at close of escrow! First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5, 224 sqft building is offered at only $429/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed "Owner's Unit" boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers, and wall ACs, while Unit 2 has exclusive access to a sizeable 15' x 35' outdoor patio. Additional features include an on-site laundry room, (4) tandem parking spaces, gated entry, separate meters for gas and electric, and soft-story retrofit was completed in 2021. 3729 Glendon Avenue currently collects ~$12, 000/month and ~$144, 000/year with approximately 28% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 5.94% CAP and 12.20 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site6 Days
- MLS StatusActive
- MLS ID NumberSB24152465
- Home Size Source Assessor
- Year Built1965
- Lot Size0.1287 Acres
- Full Baths7
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 3729 Glendon Avenue Los Angeles, CA 90034
6 days ago | |
6 days ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking CarportTandem Uncovered
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1287
- Water Public
- Property Sub Type Quadruplex
- Garage Spaces 0
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Fireplace Features Living Room
- Laundry Features Common Area
- Fireplace Yes
Exterior Features
- View None
- Pool Features None
- Lot 0-1 Unit/ Acre
Community Features
- Association Dues 0
- Community Features BikingSidewalks
- Senior Community No
- MLS Area C13 - Palms - Mar Vista