There are multiple listings for this address:
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
See this Listing
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
Tenant Pays
Electricity, Gas
Map
Community
- Address3729 Glendon Avenue Los Angeles CA
- AreaC13 – Palms – Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3729 Glendon Avenue
Los Angeles, CA
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
See this Listing
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
- Address3729 Glendon Avenue Los Angeles CA
- AreaC13 – Palms – Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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