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Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,570 sqft
Price per Sqft $342
MLS Listing ID 24-389053
Sold Date 09/06/24
Style Mid-Century
Bedrooms 12
Year Built 1957
Lot Size 7,502 Sqft
Acres 0.1722
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Fireplaces Type None
Equipment Range/Oven, Refrigerator, Washer, Dryer, Garbage Disposal, Microwave
Laundry Community, Laundry Area
Exterior
Parking Features Assigned, Carport, Carport Attached, Covered Parking, Driveway, Tandem, Uncovered, Side By Side
Garage Spaces 10.0
Pool None
Amenities Available None
Waterfront Description None
Roof Type Composition, Shingle
Building
Story 2
Sewer In Street
Water Public
Architectural Style Mid-Century
Level or Stories Multi/Split
Structure Type Stucco
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891