3731 Glendon Avenue Los Angeles, CA ^$ 1,650,000

3731 Glendon Avenue

^$ 1,650,000

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3731 Glendon Avenue

Los Angeles, CA, 90034

^$ 1,650,000

Bedrooms1 Baths1.0 Sq 2,383

Monthly Estimate*

^$ 11,526

Listed by Lyon Stahl Investment Real Estate, Inc.

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 1

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3731 Glendon Avenue, Los Angeles, CA 90034 - Image 3

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3731 Glendon Avenue, Los Angeles, CA 90034 - Image 5

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 6

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 7

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 8

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 9

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 10

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 11

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 12

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 13

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 14

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 15

3731 Glendon Avenue, Los Angeles, CA 90034 - Image 16

Multi-Family Home for sale in Los Angeles, CA

for $1,650,000 with 1 bedroom and 1 full bath. This 2,383 square foot home was built in 1926 on a lot size of 0.1083.

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.

Multi-Family Active

Price

^$ 1,650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1083

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB24059212

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR3

Garage Spaces 0.0

Pool Features None

Year Built 1926

Property SubType Apartment

Gross Income 131376.0

Community Features Urban

County Los Angeles

Net Operating Income 91616.0

Operating Expense 35819.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Major cross streets are Venice Blvd. and Overland Ave.

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area C13 - Palms - Mar Vista

Lot Size Square Feet 4719.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Glendon

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FHA

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 29

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 73

Property Sub Type Additional Apartment

Expected Active Date 2024-04-01

Cap Rate 5.55

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 4719.0

Number of Buildings 1

Spa N

Building Area Total 2383.0

Lot Size Acres 0.1083

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 3731

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 425-9838

Phone

Affordability Calculator

$11,526

Per Month

Monthly Principal & Interest: $11,526
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,624

Percent of Sale Price 21%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$1,650,000	-2.94%	Price Down
4/1/2024	$1,700,000		Listed Price

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3731 Glendon Avenue, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $1,650,000 with 2,383 sqft and a lot size of 0.1083. 3731 Glendon Avenue has 1 bedrooms, 1.0 baths, and was built in 1926. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/6/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3731 Glendon Avenue

Multi-Family Home for sale in Los Angeles, CA

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