Homes for sale - 3729 Glendon AVE, Los Angeles, CA 90034

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 2,195,000

Est. payment -/mo

Save

Hold

3729 Glendon AVE Los Angeles, CA 90034

5,224 SqFt

UPDATED:

12/12/2024 04:59 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Hold

Purchase Type For Sale

Square Footage 5,224 sqft

Price per Sqft $420

MLS Listing ID SB24095560

HOA Y/N No

Year Built 1965

Lot Size 5,606 Sqft

Acres 0.1287

Property Description

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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Carport, Tandem Uncovered

Pool None

Community Features Biking, Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Call/text Bobby at 310.908.5092 with any questions. Email offers to bobby@lyonstahl.com & teamsamimi@lyonstahl.com. Buyer to investigate & verify all information, including, but not limited to, bed/bath count, square footages, permits, rent control, ADUs, and potential uses.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Bobby Sillman

SHOW CONTACT PH 3109085092

SHOW INSTRUCTIONS All units occupied. Please do not disturb tenants or walk the property. Showings with accepted offer subject to inspection.

Listed by Lyon Stahl Investment Real Estate, Inc.

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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