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Listed by Robert Sillman • Lyon Stahl Investment Real Estate, Inc.
$1,995,000
Est. payment /mo
5,606 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSB25086925
Year Built 1965
Lot Size 5,606 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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 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.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Interior
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Carport
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 4252029028
Special Listing Condition Not Applicable , Accepting Backups
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033