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3760 Vinton Avenue

Los Angeles, CA 90034

$2,050,000 Sale Price
Est. Payment: $ 0/mo
12
Bed
0
Bath
7,470 Sq. Ft.
$315 / Sq. Ft.
Sold

3760 Vinton Avenue

Los Angeles, CA 90034

Sold
$2,050,000 Sale Price
$0/mo
12
Bed
0
Bath
7,470
Sq. Ft.
Well maintained 9 - unit apartment building in prime Palms. The property consists of 1 - Single, 3 - 1 bedroom + 1 bath, 3 -2 bedroom + 1 bath, 1 - 2 bedroom + 1.5 bath and 1 - 3 bedroom + 2 bath units. The building was built in 1970 is 7,470square feet. It sits on a 7,501 square foot lot. It is individually metered for gas and electricity. The rents are below market and there is over 60% upside in the rents. There is one vacant 1 bd. + 1ba. unit with a projected rent of $1,895. There is onsite laundry. It is located in the high demand area of Palms adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $860,000, 4.21% fixed until 5/1/26, due in 2031. PLEASE DO NOT DISTURB THE TENANTS.
PROPERTY INFORMATION
MLS # 23331785 Lot Size 7,503 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,350,000
Price Per SqFt: $ 315
DOM 523 Days
Address 3760 Vinton Avenue Type Residential Income
City Los Angeles Sq.Ft. 7,470 Sq. Ft.
Postal Code 90034 Garage N/A
County Los Angeles Year Built 1970
Bed / Bath 12 / 0 Parking 12
Built In 1970 Status Closed
Sold Date 2024-01-29
INTERIOR FEATURES
Has Appliances Yes
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
EXTERIOR FEATURES
WALKSCORE
  Walk Score: 95 (Walker's Paradise)
  Transit Score: 64 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,507
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
11/27/2023 Listed $2,350,000
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Listing provided courtesy of Michael A Salerno, Michael Anthony Salerno. 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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