3741 South Bentley Avenue
Closed 6/17/24
Closed 6/17/24
Description
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...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.
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
Property Details for 3741 South Bentley Avenue
Property Details for 3741 South Bentley Avenue
| Status | Closed |
|---|---|
| MLS # | SB24076790 |
| Days on Market | 48 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| County | Los Angeles County |
Building Information for 3741 South Bentley Avenue
Property Information for 3741 South Bentley Avenue
- Gross Income: $113,832
- Gross Scheduled Income: $113,832
- Vacancy Allowance Rate: 3
- Net Operating Income: $62,147
- Financing: Conventional
- Operating Expense: $48,270
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $48,270
- Tax Tract Number: 1858
- Tax Census Tract: 2718.01
- CFD/Mello-Roos Fee: $857
- Tax Lot: 48
- Community Features: Urban
- Laundry: Yes
- Laundry Features: Community
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 6
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,536
- Unit Type Total Rent: $1,536
- Unit Type Pro Forma: 3504
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,293
- Unit Type Total Rent: $1,293
- Unit Type Pro Forma: 2760
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,450
- Unit Type Total Rent: $1,450
- Unit Type Pro Forma: 3504
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $927
- Unit Type Total Rent: $927
- Unit Type Pro Forma: 2448
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $2,575
- Unit Type Total Rent: $2,575
- Unit Type Pro Forma: 2760
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,303
- Unit Type Total Rent: $1,303
- Unit Type Pro Forma: 3504
- Unit Type Type: 6
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 1
Property History for 3741 South Bentley Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3741 South Bentley Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Charnock Road Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
James J. Mcbride Special Education Center Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.