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3741 Bentley Avenue #1
Los Angeles, CA 90034
Sold
3741 Bentley Avenue #1
Los Angeles, CA 90034
Sold
Amazing opportunity to acquire well maintained six units in Palms / West Los Angeles/Culver City-adjacent area with significant upside, and one unit (two bedroom) open and available for market rents at close. Less than 3 miles to the Marina and less than 4 miles to the sand at Venice Beach, and easy to the remainder of Southern California via nearby 405 and 10 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. With long-term below-market rents and nearly 70% in upside to market potential, this property presents a tremendous opportunity to reposition the leases into an instant value-add; or to redevelop and reconfigure the footprint on the 7,588sf lot to maximize income potential as a new construction building, which would be exempt from rent control (Buyer to verify). Purchaser may also be able to construct additional units on the property as-is, with possibility to approach adjacent lots for assembly and increased potential, as well as keep current income in place to help with carrying costs during entitlement process.
PROPERTY INFORMATION
| MLS # | SB22156851 | Lot Size | 7,559 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,600,000
Price Per SqFt: $ 421 |
DOM | 1077 Days |
| Address | 3741 Bentley Avenue #1 | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,802 Sq. Ft. |
| Postal Code | 90034 | Garage | N/A |
| County | Los Angeles | Year Built | 1963 |
| Bed / Bath | 8 / 0 | Parking | 6 |
| Built In | 1963 | Status | Closed |
| Sold Date | 2023-01-27 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,707
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/27/2023 | Sold | $1,400,000 |
| 12/06/2022 | Active | $1,600,000 |
| 11/26/2022 | Pending | $1,600,000 |
| 08/24/2022 | Pending | $1,600,000 |
| 07/16/2022 | Listed | $1,600,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Mark Ehlers, Imperial Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
