3632 Dunn Drive

Los Angeles, CA 90034

$3,350,000
Last Sold Price
7
Beds
8
Baths
6,752 Sq. Ft.
$496 / Sq. Ft.
6,752
Sq. Ft.
$496
per Sq. Ft.

Description

Opportunity Knocks! Bring your offers on this very-well maintained and low maintenance 7-unit apartment building, built in 1990. This Pride-of-Ownership building has low-water landscaping, subterranean parking with automatic garage door, gated entry, and 11 parking spaces. 6/7 Units have Central A/C and Heat, Dishwashers, Private Patios, Fireplaces, and most units have been upgraded. Property has lots of upside in rents, providing strong growth potential, with an excellent unit mix consisting of...Opportunity Knocks! Bring your offers on this very-well maintained and low maintenance 7-unit apartment building, built in 1990. This Pride-of-Ownership building has low-water landscaping, subterranean parking with automatic garage door, gated entry, and 11 parking spaces. 6/7 Units have Central A/C and Heat, Dishwashers, Private Patios, Fireplaces, and most units have been upgraded. Property has lots of upside in rents, providing strong growth potential, with an excellent unit mix consisting of (Three) 1+1, (One) 2+2, (One) 1+loft + 2 Bath, (one) 1+loft+1.5 bath, (one) single+1 bath. The building is 6,752 square feet and sits on a 5,401 square foot lot. 3632 Dunn Dr. is located in the high demand area of Palms directly adjacent to downtown Culver City, one of the most desirable locations in Los Angeles. Close to the Expo Line and the 405 and 10 freeways. Rent Statement and Financials can be found under 'Docs'. Property is Not Under RSO, Qualifies as AB 1482.
  1. Listed by Linda Light • DRE #00786737 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 3632 Dunn Drive

Zoning
LAR3
Cross Streets
Venice Blvd. and Dunn Drive.
Parcel Number
4313008022
Total Units
7.0
Living Area
6752
Source Living Area
Vendor Enhanced
Area
Palms - Mar Vista (C13)
Vacancy Rate
0

Location

Listing Courtesy of Coldwell Banker Realty, Linda Light, DRE #00786737

Sold By Californian Estates, Kelley Christine, DRE #01346986

Add your commute
LISTING UPDATED: 11/08/2022 02:31 PM

Property Details for 3632 Dunn Drive

StatusSold
MLS #22-169047
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.13 AC / 5,450 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Linda Light, DRE #00786737

Sold By Californian Estates, Kelley Christine, DRE #01346986

Add your commute

Building Information for 3632 Dunn Drive

Stories3Residences-Year Built1990Building Size-Lot Size0.13 AC / 5,450 SF

Payment Calculator

$21,727 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,282

Property Taxes

$3,445

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3632 Dunn Drive

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: apartments
  • Security Features: Automatic Gate, Gated, Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector, Card/Code Access
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Probate: No
  • Financing: Assumed, Cash, Cash To Existing Loan, Cash To New Loan, Conventional
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $184,760
  • Net Operating Income: $127,164.00
  • Gross Income: $184,760
  • Cap Rate: 3.75%
  • Gross Rent Multiplier: $18.38
  • Actual Annual Gross Rent: $182,760.00
  • Laundry Income: $2,000
  • Actual Rent Total: $182,760.00
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: .00%
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 57516
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1251
  • Lot Size Square Feet: 5450
Parking Details
Parking Details
  • Parking Garage: Assigned, Attached, Auto Driveway Gate, Community Garage, Covered Parking, Door Opener, Subterr Tandem, Gated Underground
  • Total Parking: 11
  • Covered Parking: 11
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Covered, Garage Door Opener
  • Attached Garage: Yes
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central, Air Conditioning
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Laminate, Vinyl Plank
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Interior Features: Built-Ins, Two Story Ceilings
  • Room Kitchen Features: Corian Counters, Granite Counters, Remodeled Kitchen
  • Kitchen Features: Corian Counters, Granite Counters, Remodeled
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-16-2022
  • Rent Control: No
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,145.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,185.00
  • Unit Actual Rent: $2,185.00
  • Unit Projected Rent: $2,403.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,950.00
  • Unit Actual Rent: $2,875.00
  • Unit Projected Rent: $3,162.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,585.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,585.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $1,495.00
  • Unit Projected Rent: $1,644.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,145.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $597,262.00
  • Assessed Improvement Percent: 30.43
  • Assessed Land Value: $1,365,176.00
  • Assessed Land Percent: 69.57
  • Assessed Total Value: $1,962,438.00

Property History for 3632 Dunn Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3632 Dunn Drive

Taxable ValueLand$2,850,000Additions$500,800Total$3,350,800
Tax Record2023$41,343 ($3,445 / month)
Home Facts
Total Finished SqFt6,752 SqFtAbove Grade Finished SqFt6,752 SqFtLot Size5,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLAR3CountyLOS ANGELESAPN4313-008-022

Schools near 3632 Dunn Drive

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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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 Coldwell Banker Realty, Linda Light, DRE #00786737

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.