Robert Sillman
This listing was posted on RealtyWW.
$2,245,000
Glendon Ave, Los Angeles, Home For Sale
Price:
$2,245,000
BR/BA:
10+ BR, 7 BA
Location:
3729 Glendon Ave, Los Angeles, CA
Description:
OWNER OCCUPIED OPPORTUNITY and $150K PRICE REDUCTION - potential for a 3-bed unit to be delivered VACANT at close of escrow! First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5, 224 sqft building is offered at only $429/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed Owner's Unit boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers, and wall ACs, while Unit 2 has exclusive access to a sizeable 15' x 35' outdoor patio. Additional features include an on-site laundry room, (4) tandem parking spaces, gated entry, separate meters for gas and electric, and soft-story retrofit was completed in 2021. 3729 Glendon Avenue currently collects ~$12, 000/month and ~$144, 000/year with approximately 28% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 5.94% CAP and 12.20 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i76323110
Property Type:
Single-Family Houses
Amenities:
Dishwasher, Fireplace, Gated, Parking, Patio/Deck
Posted:
September 25 on RealtyWW
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More About this Listing: Glendon Ave, Los Angeles, Home For Sale
Glendon Ave, Los Angeles, Home For Sale is a 10+ BR 7.5 Bath Single-Family Homes for Sale at 3729 Glendon Ave in Los Angeles CA. Find other listings like Glendon Ave, Los Angeles, Home For Sale and listings near 3729 Glendon Ave by searching Oodle Classifieds for 10+ BR 7.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Glendon Ave, Los Angeles, Home For Sale is a 10+ BR 7.5 Bath Single-Family Homes for Sale at 3729 Glendon Ave in Los Angeles CA. Find other listings like Glendon Ave, Los Angeles, Home For Sale and listings near 3729 Glendon Ave by searching Oodle Classifieds for 10+ BR 7.5 Bath Single-Family Homes for Sale in Los Angeles CA.