$1,650,000
3731 Glendon Avenue, Los Angeles 90034
5
Beds
6
Baths
4,719
Lot Size
6
# Of Units
Listing Agent
Cameron Samimi - Lyon Stahl Investment Real Estate, Inc.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.
Facts & Features
| MLS® # | SB24059212 |
|---|---|
| Price | $1,650,000 |
| Bedrooms | 5 |
| Bathrooms | 6.00 |
| Lot Size | 4,719 |
| Year Built | 1926 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 3731 Glendon Avenue |
|---|---|
| Area | C13 - Palms - Mar Vista |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90034 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | 0-1 Unit/Acre |
|---|
Additional Information
| Date Listed | March 25th, 2024 |
|---|---|
| Days on Market | 31 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cameron Samimi |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |