Description
Vacant 3-bed with private patio! 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 $420/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 ~$12,500/month and ~$150,000/year with approximately 24% in rental upside via interior/exterior renovations. once rented at market, the property will operate at a 6.21% cap and 11.77 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 Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48259102
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: Living Room
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 5,224
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1287
- Lot Size Source: Assessor
- Lot Size Square Feet: 5606
-
Listing Information
Listing Price Information
- Original List Price: 2,195,000
- Listing Contract Date: 2025-01-07
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4252029028
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,Tandem,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C13 - Palms - Mar Vista
- Postal Code Plus 4: 6270
- Directions: Off Venice Blvd at the intersection of Glendon Ave and McCune Ave
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C13 - Palms - Mar Vista
- Property SubType: Quadruplex
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/26/2025 @ 02:53
- MLS: SB25004314
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 11 bedrooms which is for sale, it has 5,224 sqft, 5,606 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90034, this Los Angeles County Home are nearby neighborhoods.