3632 Greenfield Avenue

Los Angeles, CA 90034

$1,450,000
Last Sold Price
8
Beds
4
Baths
3,780 Sq. Ft.
$384 / Sq. Ft.
3,780
Sq. Ft.
$384
per Sq. Ft.

Description

This brilliant 4-Plex in Palms offers 50% upside in rents in an irreplaceable location. Transit development & amenities in Palms/Culver City surrounds the property including The Palms Expo Station, Culver Steps Development Project, Sony Studios, NFL Network Headquarters, and many Culver City restaurants. Despite the nearby attractions, it's nestled on a quiet street with mostly single family homes. The (4) 2 Bed/1 Bath units are large and bright, and each units has its own tandem parking space for...This brilliant 4-Plex in Palms offers 50% upside in rents in an irreplaceable location. Transit development & amenities in Palms/Culver City surrounds the property including The Palms Expo Station, Culver Steps Development Project, Sony Studios, NFL Network Headquarters, and many Culver City restaurants. Despite the nearby attractions, it's nestled on a quiet street with mostly single family homes. The (4) 2 Bed/1 Bath units are large and bright, and each units has its own tandem parking space for 2 cars. The well-kept building has all-copper plumbing throughout, new sewer/waste lines (2021), brand new sliding windows, all new electrical panels & main service, and new A/C in each unit. The recently renovated laundry room was just equipped with new W/D owned by the Seller (no laundry contract) which provides monthly laundry income. The entire foundation has been bolted/braced for earthquake retrofitting making this property safe and efficient to operate for the future. Additionally, the Sellers recently termite tented the entire building. Its offered for the first time in over 10+ years, and at a $421 Price Per SF, it represents a real value that won't be available for long.
  1. Listed by Keith Moret • DRE #01802527 • Brokerage DRE #01407700 • Keller Williams Beach Cities
  2. Listed by Jonathan Rawson • DRE #02010400 • Brokerage DRE #01872854 • Avenue Realty Group

Property Details for 3632 Greenfield Avenue

Zoning
LARD2
Style
Mid-Century
Parcel Number
4252018028
Total Units
4.0
Living Area
3780
Source Living Area
Assessor
Area
Palms - Mar Vista (C13)
Vacancy Rate
5%

Location

Listing Courtesy of Keller Williams Beach Cities, Keith Moret, DRE #01802527; Avenue Realty Group, Jonathan Rawson, DRE #02010400

Sold By Keller Williams Beach Cities, Keith Moret, DRE #01802527; DCDH Investments, Inc., Jonathan Rawson, DRE #02010400

Add your commute
LISTING UPDATED: 05/23/2022 05:05 PM

Property Details for 3632 Greenfield Avenue

StatusSold
MLS #21-739142
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.11 AC / 4,995 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beach Cities, Keith Moret, DRE #01802527; Avenue Realty Group, Jonathan Rawson, DRE #02010400

Sold By Keller Williams Beach Cities, Keith Moret, DRE #01802527; DCDH Investments, Inc., Jonathan Rawson, DRE #02010400

Add your commute

Building Information for 3632 Greenfield Avenue

Stories2Residences-Year Built1957Building Size-Lot Size0.11 AC / 4,995 SF

Payment Calculator

$9,433 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$1,520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3632 Greenfield Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2 Bedroom
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,751
  • Net Operating Income: $47,700.00
  • Gross Income: $76,032
  • Cap Rate: 3.08%
  • Gross Rent Multiplier: $20.38
  • Actual Annual Gross Rent: $75,432.00
  • Actual Gross Annual Income: $76,032
  • Actual Rent Total: $75,432.00
  • Total Annual Expense: 27732
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1147
  • Lot Size Square Feet: 4995
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 4
  • Covered Parking: 4
  • Carport Spaces Total: 4
  • Parking Features: Detached Carport
Interior Features
Interior Features
  • Levels: Mid Level
  • Cooling Type: Other
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: Garbage Disposal
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 06-02-2021
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,519.00
  • Unit Actual Rent: $1,519.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,098.00
  • Unit Actual Rent: $1,098.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,469.00
  • Unit Actual Rent: $1,469.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $216,720.00
  • Assessed Improvement Percent: 20.9
  • Assessed Land Value: $820,029.00
  • Assessed Land Percent: 79.1
  • Assessed Total Value: $1,036,749.00

Property History for 3632 Greenfield 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 3632 Greenfield Avenue

Taxable ValueLand$591,600Additions$887,400Total$1,479,000
Tax Record2023$18,238 ($1,520 / month)
Home Facts
Total Finished SqFt3,780 SqFtAbove Grade Finished SqFt3,780 SqFtLot Size4,995 SqFtStyleQuadraplexYear Built1957ZoningLARD2CountyLOS ANGELESAPN4252-018-028

Schools near 3632 Greenfield 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Keller Williams Beach Cities, Keith Moret, DRE #01802527; Avenue Realty Group, Jonathan Rawson, DRE #02010400

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.