3741 South Bentley Avenue, Unit 1
3741 South Bentley Avenue, Unit 1
$1,400,000
8
9
3,802
3,802
$368
Closed 1/27/23
Description
Amazing opportunity to acquire well maintained six units in Palms / West Los Angeles/Culver City-adjacent area with significant upside, and one unit (two bedroom) open and available for market rents at close. Less than 3 miles to the Marina and less than 4 miles to the sand at Venice Beach, and easy to the remainder of Southern California via nearby 405 and 10 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. With long-term below-market...Amazing opportunity to acquire well maintained six units in Palms / West Los Angeles/Culver City-adjacent area with significant upside, and one unit (two bedroom) open and available for market rents at close. Less than 3 miles to the Marina and less than 4 miles to the sand at Venice Beach, and easy to the remainder of Southern California via nearby 405 and 10 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. With long-term below-market rents and nearly 70% in upside to market potential, this property presents a tremendous opportunity to reposition the leases into an instant value-add; or to redevelop and reconfigure the footprint on the 7,588sf lot to maximize income potential as a new construction building, which would be exempt from rent control (Buyer to verify). Purchaser may also be able to construct additional units on the property as-is, with possibility to approach adjacent lots for assembly and increased potential, as well as keep current income in place to help with carrying costs during entitlement process.
- Listed by Mark Ehlers • DRE #01955008 • Brokerage DRE #01955008 • Imperial Real Estate
- Listed by Stephen Garrett • DRE #01991646 • Brokerage DRE #01904054 • The Agency
Property Details for 3741 South Bentley Avenue, Unit 1
Parking Spaces Total
6
Private PoolNo
Total Units6.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3802
Assessor Parcel Number4252-007-022
Property Attached YNfalse
Location
LISTING UPDATED: 01/30/2023 02:38 AM
Property Details for 3741 South Bentley Avenue, Unit 1
Status | Closed |
---|---|
MLS # | SB22156851 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | 1963 |
County | Los Angeles County |
Location
Building Information for 3741 South Bentley Avenue, Unit 1
Building/Complex3741 S Bentley AveFloor-Stories2Residences-Pet Policy-Year Built1963Building Size-
Payment Calculator
$9,111 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3741 South Bentley Avenue, Unit 1
Property History for 3741 South Bentley Avenue, Unit 1
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 3741 South Bentley Avenue, Unit 1
Taxable ValueLand$1,100,000Additions$300,000Total$1,400,000
Tax Record2023$17,648 ($1,471 / month)
Home Facts
Total Finished SqFt2,514 SqFtAbove Grade Finished SqFt2,514 SqFtLot Size7,559 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN4252-007-022
Schools near 3741 South Bentley Avenue, Unit 1
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 8 |
Rating | School | Distance |
---|---|---|
Charnock Road Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
Puc Inspire Charter Academy Charter6 to 8 |
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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