3754 Vinton Avenue
$2,250,000
6
9
6,570
6,570
$342
Closed 9/6/24
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...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.
- Listed by Peter James • DRE #01748556 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
- Listed by William James • DRE #01734419 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 3754 Vinton Avenue
Architectural Style
Mid Century Modern
Parking Spaces Total10
Private PoolNo
Cooling TypeWall/Window
Total Units8.0
Living Area6570
Assessor Parcel Number4314-005-009
New ConstructionNo
LISTING UPDATED: 09/06/2024 02:13 PM
Property Details for 3754 Vinton Avenue
Status | Closed |
---|---|
MLS # | 24389053 |
Days on Market | 101 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
Lot Size | 0.17 AC / 7,502 SF |
County | Los Angeles County |
Building Information for 3754 Vinton Avenue
Stories2Residences-Year Built1957Building Size-Lot Size0.17 AC / 7,502 SF
Property Information for 3754 Vinton Avenue
Property History for 3754 Vinton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3754 Vinton Avenue
Taxable ValueLand$83,138Additions$156,693Total$239,831
Tax Record2024$4,100 ($342 / month)
Home Facts
Total Finished SqFt6,570 SqFtAbove Grade Finished SqFt6,570 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLAR3CountyLOS ANGELESAPN4314-005-009
Schools near 3754 Vinton Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Palms Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Alexander Hamilton Senior High School Public9 to 12 | ||
Cheviot Hills Continuation School Public9 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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