3731 Glendon Avenue, Los Angeles, CA 90034
-
Listed Price :
$1,650,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1926
Property Description
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.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
3731 Glendon Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90034 |
County |
Los Angeles |
Listing Agent |
Cameron Samimi DRE #02035763 |
Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
List Price |
$1,650,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
4,719 |
Year Built |
1926 |
Listing information courtesy of: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of May 15th, 2024 at 5:25 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.