3613 Veteran Avenue

Los Angeles, CA 90034

$2,040,000
Last Sold Price
8
Beds
6
Baths
3,641 Sq. Ft.
$560 / Sq. Ft.
3,641
Sq. Ft.
$560
per Sq. Ft.

Description

Pride of ownership is the best way to describe this wonderful updated 3 unit building in prime Palms, minutes to restaurants, theaters and bars in Culver City. Also close to Trader Joe's, Overland Cafe and Cuban Market. Unit #1 is exceptionally large with 3 bedrooms and 2 nice baths. All three units have great closet space! This is perfect for an owner-user. Everything upgraded with granite, wood flooring and appliances. There is upside in all three rents and laundry brings in around $11,000 annually....Pride of ownership is the best way to describe this wonderful updated 3 unit building in prime Palms, minutes to restaurants, theaters and bars in Culver City. Also close to Trader Joe's, Overland Cafe and Cuban Market. Unit #1 is exceptionally large with 3 bedrooms and 2 nice baths. All three units have great closet space! This is perfect for an owner-user. Everything upgraded with granite, wood flooring and appliances. There is upside in all three rents and laundry brings in around $11,000 annually. Owned by the same family since the early '70's and lovingly maintained. This is a great 1031 exchange opportunity with so much more rental income and potential than a single family home.

Listing Agent

  1. Ron Wynn

    Ron Wynn

    Listing Agent

    Compass

    DRE #00420587

    ron.wynn@compass.com

    P: 310.963.9944

Property Details for 3613 Veteran Avenue

Zoning
LARD2
Style
Mid-Century
Parcel Number
4252018003
Total Units
3.0
Living Area
3641
Source Living Area
Assessor
Area
Palms - Mar Vista (C13)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Ron Wynn, DRE #00420587

Sold By KW Advisors, Sarah Edelman, DRE #01999746

Add your commute
LISTING UPDATED: 02/28/2023 02:15 PM

Property Details for 3613 Veteran Avenue

StatusSold
MLS #22-210420
Days on Market119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.11 AC / 4,658 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Ron Wynn, DRE #00420587

Sold By KW Advisors, Sarah Edelman, DRE #01999746

Add your commute

Building Information for 3613 Veteran Avenue

Stories2Residences-Year Built1967Building Size-Lot Size0.11 AC / 4,658 SF

Payment Calculator

$11,383 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,133

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3613 Veteran Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $117,984
  • Net Operating Income: $86,587.00
  • Gross Income: $117,984
  • Gross Rent Multiplier: $16.90
  • Laundry Income: $11,280
  • Total Annual Expense: 31397
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1069
  • Lot Size Square Feet: 4658
Parking Details
Parking Details
  • Parking Garage: Carport Detached, Tandem
  • Total Parking: 6
  • Covered Parking: 3
  • Parking Features: Detached Carport, Tandem Garage
  • Attached Garage: No
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air, Wall Gas
  • Equipment: Dishwasher, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-20-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $4,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,755.00
  • Unit Actual Rent: $2,755.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,537.00
  • Unit Actual Rent: $2,537.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $149,424.00
  • Assessed Improvement Percent: 70.85
  • Assessed Land Value: $61,481.00
  • Assessed Land Percent: 29.15
  • Assessed Total Value: $210,905.00

Property History for 3613 Veteran 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 3613 Veteran Avenue

Taxable ValueLand$62,710Additions$152,412Total$215,122
Tax Record2023$2,997 ($250 / month)
Home Facts
Total Finished SqFt3,641 SqFtAbove Grade Finished SqFt3,641 SqFtLot Size4,658 SqFtStyleTriplexYear Built1967ZoningLARD2CountyLOS ANGELESAPN4252-018-003

Schools near 3613 Veteran 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
Charter - 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

Magnolia Science Academy 4 School
Charter6 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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Similar Sold 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 Compass, Ron Wynn, DRE #00420587

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.