3520 Clarington Avenue

Los Angeles, CA 90034

$1,650,000
Last Sold Price
9
Beds
10
Baths
4,388 Sq. Ft.
$376 / Sq. Ft.
4,388
Sq. Ft.
$376
per Sq. Ft.

Description

Huge Price Reduction! 5 units in prime Palms. The property consists of one (1) three-bedroom +three-bath, three (3) two-bedroom + one-bath and one (1) bachelor unit. There is no soft story retrofitting required. Great owners unit for potential owner/user. The building is approximately 4,388 square feet sitting on a lot of approximately 5,053 square feet and was built in 1963. This is a great opportunity to own and easily manage a well maintained property with potential upside value. Conveniently...Huge Price Reduction! 5 units in prime Palms. The property consists of one (1) three-bedroom +three-bath, three (3) two-bedroom + one-bath and one (1) bachelor unit. There is no soft story retrofitting required. Great owners unit for potential owner/user. The building is approximately 4,388 square feet sitting on a lot of approximately 5,053 square feet and was built in 1963. This is a great opportunity to own and easily manage a well maintained property with potential upside value. Conveniently located on the Westside of Los Angeles in a high demand area. . Close to the neighboring communities of Culver City, Marina Del Rey, Playa Del Rey,Venice and Santa Monica. Laundry is leased with annual income of $400. There are currently 2 vacant units.
  1. Listed by Michael A Salerno • DRE #01212427 • Brokerage DRE #00893163 • Miller & Desatnik Realty Co.

Property Details for 3520 Clarington Avenue

Zoning
LAR3
Parcel Number
4313009046
Total Units
5.0
Living Area
4388
Source Living Area
Assessor
Area
Palms - Mar Vista (C13)
Vacancy Rate
yes
Lot Size Area
5038

Location

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Sold By Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

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LISTING UPDATED: 09/24/2020 09:00 AM

Property Details for 3520 Clarington Avenue

StatusSold
MLS #20-587956
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.12 AC / 5,038 SF
CountyLos Angeles County

Location

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Sold By Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Add your commute

Building Information for 3520 Clarington Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.12 AC / 5,038 SF

Payment Calculator

$10,799 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,794

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3520 Clarington Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Flat
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $121,065
  • Net Operating Income: $72,586.00
  • Gross Income: $127,415
  • Gross Rent Multiplier: $13.30
  • Actual Annual Gross Rent: $127,415.00
  • Vacancy Allow Dollar: $6,552.00
  • Owner Pays: Water
  • Total Annual Expense: 48479
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1157
  • Lot Size Square Feet: 5038
  • Lot Size Dimensions: 44x114
  • Source Lot Size Dimensions: Assessor
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 6
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-08-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,101.00
  • Unit Actual Rent: $2,101.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,750.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,240.00
  • Unit Actual Rent: $2,240.00
  • Unit Projected Rent: $2,240.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,252.00
  • Unit Actual Rent: $1,252.00
  • Unit Projected Rent: $1,350.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,240.00
  • Unit Actual Rent: $2,240.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $528,122.00
  • Assessed Improvement Percent: 41.67
  • Assessed Land Value: $739,371.00
  • Assessed Land Percent: 58.33
  • Assessed Total Value: $1,267,493.00

Property History for 3520 Clarington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3520 Clarington Avenue

Taxable ValueLand$1,040,400Additions$676,600Total$1,717,000
Tax Record2023$21,525 ($1,794 / month)
Home Facts
Total Finished SqFt4,388 SqFtAbove Grade Finished SqFt4,388 SqFtLot Size5,038 SqFtStyleQuadraplexYear Built1963ZoningLAR3CountyLOS ANGELESAPN4313-009-046

Schools near 3520 Clarington 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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

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.