5.5%+ CAP RATE & ONE 3-BED UNIT CURRENTLY VACANT! First time on the market since 1984, 3729 Glendon Ave is a high-income 4-unit investment in Palms, adjacent to Mar Vista & Culver City. Spanning 5,224 sq. ft. at just $381/sq. ft., it features (3) 3Bed/2Bath and (1) 2Bed/1Bath units. Select… Read More units offer private decks, walk-in showers, dishwashers, and wall A/Cs—plus Unit 2 has exclusive access to a large 15' x 35' outdoor patio. With the vacant unit leased at market, the property collects over $150,000/year. Perks include on-site laundry, 4 tandem parking spots, gated entry, separate meters, and a 2021 soft-story retrofit. With one unit vacant, this is a rare opportunity for investors or owner-users in a central West LA location. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Robert Sillman [email protected]
Listing Snapshot
Days Online
16
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1965
MLS Number
SB25086925
30 Days Snapshot Of 90034
$2.05M
+27%
(avg) sold price
6
-50%
homes sold
44
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Building area total: 5,224, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Biking, Sidewalks
Cooling
WallWindowUnits
Expenses
Operating expense: $38,364
Fireplaces
LivingRoom
Income
Gross income: $154,110, Net operating income: $111,123
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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