Los Angeles, CA 90034,3754 Vinton Ave
Los Angeles, CA 90034,3754 Vinton Ave
Los Angeles, CA 90034,3754 Vinton Ave
$2,250,000
Est. payment /mo
$2,550,000
11.8%
Est.Price: ?

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12 Beds
9 Baths
6,570 SqFt
SOLD DATE : 09/06/2024

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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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.
Bought with Lyon Stahl Investment Real Estate, Inc.

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agent

Ivan Perez

+1(818) 242-6422

Broker Associate | License ID: 01952891

Broker Associate License ID: 01952891

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