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Key Details
Sold Price $1,575,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24076790
Sold Date 06/17/24
HOA Y/N No
Year Built 1963
Lot Size 7,557 Sqft
Property Sub-Type Apartment
Property Description
3741 S Bentley Ave is an amazing opportunity to own
six units offered at only $250k/unit in the desirable
West LA neighborhood of Palms. There is still over 60%
upside available in monthly rental income. Whether
you are long term or a value-add investor, the subject
property is the perfect asset to help achieve your
investment goals.
3741 S Bentley Ave features a unit mix of (3) 2-Bed/1-
Bath, (2) 1-Bed/1-Bath and (1) Studio/1-Bath units.
Once all units are renovated and rented for market,
the property will operate at a 11.13% CAP and 6.62 GRM.
Beneficial to the new owner, retrofit work has been
completed!
This investment is in one of the most sought-after
neighborhoods on the Westside. This location is every
renter's dream being only steps from Downtown
Culver City, an area boasting many great restaurants,
shopping and entertainment. 3741 S Bentley Ave is also
located near new tech companies such as Google,
Meta, Snapchat, Hulu, Sony, HBO and Apple.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4252007022
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Michael Mikail Rodeo Realty
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891