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3754 Vinton Avenue

Los Angeles, CA 90034

$2,250,000 Sale Price
Est. Payment: $ 0/mo
12
Bed
0
Bath
6,570 Sq. Ft.
$388 / Sq. Ft.
Sold

3754 Vinton Avenue

Los Angeles, CA 90034

Sold
$2,250,000 Sale Price
$0/mo
12
Bed
0
Bath
6,570
Sq. Ft.
We are pleased to present 3754 Vinton Ave in the Palms submarket of Los Angeles, adjacent to Downtown Culver City. The subject property is an 8 unit apartment building built in 1957 with an excellent unit mix and spacious units that are laid out over 6,570 square feet and sits on a 7,500 square foot lot. This is an opportunity for an investor looking for a value-add opportunity. With rents approximately 30% below market, an investor will be able to increase cash flow in one of the premier rental pockets in Los Angeles. A buyer will be able to access the upside day one as there are two vacancies currently at the property. The property features ample parking with 10 spaces located in the rear and front of the building. The soft-story retrofit has been completed and the exterior has been nicely landscaped with on-site laundry for tenants. An investor can capitalize on one of the fastest growing submarkets in all of Los Angeles. With tech companies like Amazon and Tik Tok and entertainment companies like Sony a stones throw away, Culver City and Palms is slowly becoming a hub for Tech in the Los Angeles area. It's central location between the mid-cities and the beach cities make this a great rental pocket for renters looking to access all of the major business hubs in the city. Its walking distance to shops, dining, the Expo Line and entertainment make this a "Walker's Paradise" with a near perfect 96 walk score.
PROPERTY INFORMATION
MLS # 24389053 Lot Size 7,502 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,550,000
Price Per SqFt: $ 388
DOM 361 Days
Address 3754 Vinton Avenue Type Residential Income
City Los Angeles Sq.Ft. 6,570 Sq. Ft.
Postal Code 90034 Garage N/A
County Los Angeles Year Built 1957
Bed / Bath 12 / 0 Parking 10
Built In 1957 Status Closed
Sold Date 2024-09-06
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included, Dryer Included, Community
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Kitchen Appliances Disposal, Microwave, Refrigerator, Gas Cooktop, Oven, Gas Oven
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
EntryLocation Ground Level w/steps
Has Spa No
SpaDescription None
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Bathroom Information Linen Closet/Storage, Shower in Tub
EXTERIOR FEATURES
Roof Composition, Shingle
Has Pool No
Pool None
Has Patio No
Patio None
Has Sprinklers No
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,720
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/07/2024 Listed $2,750,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

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Listing provided courtesy of Peter James, Lyon Stahl Investment Real Estate, Inc.. 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.
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