3731 Glendon Ave - Apartments FOR SALE


Los Angeles, CA 90034- Palms
$1,499,000 USD
310-259-7556
3731 Glendon Ave, Los Angeles, CA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/26
null | 6.02% Cap Rate

3731 Glendon Ave
Los Angeles, CA 90034
Palms


OVERVIEW

11.87 GRM and 6.02% cap in Prime Palms! 3731 Glendon Ave is an amazing opportunity to own six units offered at only $249k/unit. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath and (1) Studio/1-Bath units. This property has undergone significant upgrades in recent years. Select units have been updated with new floors, counter tops, bathrooms, fixtures, etc. This asset offers strong rental upside with a pro-forma 10.77% CAP and 7.35 GRM. This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3731 Glendon Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$629 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,833

CAP RATE

6.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,720 SF

ZONING

LAR3

APN/PARCEL ID

4252-029-027

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.