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3750 Glendon Avenue
Los Angeles, CA 90034
Sold
3750 Glendon Avenue
Los Angeles, CA 90034
Sold
3750 Glendon Ave is a true "Value Add" opportunity, with 75% upside in rents and only subject to AB 1482 rent control. The units average over 1,100 SF, all of which are between 2 - 4 bedrooms each! There is a bonus vacant studio apartment (ADU potential), and two other units are being held vacant for a new owner to lease up at market rents. As the property was built in 1986, it features ample parking for all units, an elevator, central HVAC, two laundry rooms, and multiple balconies per unit. Palms is an excellent neighborhood in West LA, adjacent to Culver City and a favorite of UCLA students. The average home price in 90034 is $1.5M, making this an extremely high barrier to entry neighborhood for home buying, and a prime location multifamily investment. The building has been in the same family since it was built, this is the first time it has ever been offered for sale, and it is a trust sale.
PROPERTY INFORMATION
| MLS # | 23329299 | Lot Size | 14,160 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 7,750,000
Price Per SqFt: $ 329 |
DOM | 546 Days |
| Address | 3750 Glendon Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 23,583 Sq. Ft. |
| Postal Code | 90034 | Garage | 42 |
| County | Los Angeles | Year Built | 1986 |
| Bed / Bath | 46 / 0 | Parking | 42 |
| Built In | 1986 | Status | Closed |
| Sold Date | 2024-01-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Central |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $8,267
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/07/2023 | Listed | $7,750,000 |
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Listing provided courtesy of Nicole Apostolos, Equity Union. 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.
