There are multiple listings for this address:
3729 Glendon Avenue
Los Angeles, CA, 90034
$2,195,000
Beds
0 Baths
SqFt
0.13 Acres
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3-Bed VACANT at the end of the month! 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 $425/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 6.13% CAP and 11.91 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 Details

Price:
$2,195,000
MLS #:
SB24095560
Status:
Active
Baths:
0
Address:
3729 Glendon Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
May 10, 2024
State:
CA
ZIP:
90034
Lot Size:
5,606 sqft / 0.13 acres (approx)
Year Built:
1965
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Schools

Interior

Cooling
Wall/ Window Unit(s)
Fireplace Features
Living Room

Exterior

Community Features
Biking, Sidewalks
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Tandem Uncovered
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Tenant Pays
Electricity, Gas

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3729 Glendon Avenue
Los Angeles, CA
3729 Glendon Avenue
Los Angeles, CA, 90034
$2,195,000
11 Beds
7 Baths
5,224 SqFt
0.13 Acres
Add
3-Bed VACANT at the end of the month! 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 $425/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 6.13% CAP and 11.91 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 Details

Price:
$2,195,000
MLS #:
SB24152465
Status:
Active
Beds:
11
Baths:
7
Address:
3729 Glendon Avenue
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Jul 17, 2024
State:
CA
Finished Sq Ft:
5,224
ZIP:
90034
Lot Size:
5,606 sqft / 0.13 acres (approx)
Year Built:
1965
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
Wall/ Window Unit(s)
Fireplace Features
Living Room

Exterior

Community Features
Biking, Sidewalks
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Tandem Uncovered
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Map

Community

Similar Listings Nearby