3544 Vinton Ave, Los Angeles, CA 90034
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3544 Vinton Ave Los Angeles, CA 90034

$3,450,000
  • 17 Beds
  • 9 Baths
  • 8,050 Sq.Ft.
For Sale
$3,450,000 Get Pre-Qualified

Map preview of 3544 Vinton Ave, Los Angeles, CA 90034

Property Overview: 3544 Vinton Ave Los Angeles, CA has 17 bedrooms, 9 bathrooms, 8,050 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Proudly presenting 3544 Vinton Avenue, a 9-unit investment opportunity. This property consists of eight spacious 2-bedroom, 1.5-bathroom units, along with one 1-bedroom, 1-bathroom unit. Featuring 8,050 square feet of building square footage, the property was built in 1963 and the soft story retrofit has already been completed. Strategically located in the heart of Palms, mere steps away from the bustling energy of Culver City, this property offers unparalleled convenience and access to urban amenities. The prime location ensures a steady stream of potential tenants seeking the vibrant lifestyle synonymous with the area.Parking is plentiful with 11 spaces available, including 3 tandem spaces and 5 carport spaces, ensuring residents have ample room for their vehicles. The on-site laundry facilities offer added convenience and each unit is individually metered for gas and electricity The front two-bedroom unit will be delivered vacant at closing, offering investors the opportunity to renovate according to their preferences. This, coupled with the generously sized living spaces, presents a compelling opportunity for investors looking to maximize returns.With realistic upside potential in rents, this property stands as an ideal prospect for astute investors seeking long-term gains and stability in their portfolio. Don't miss out on this chance to own a piece of prime real estate in one of Los Angeles' most sought-after neighborhoods.

Listed by Benjamin J. Hsiang | BRE #01438644 | Realty Investment Advisors, Inc.
Co-listed by Don Favia | BRE #01841258 | Realty Investment Advisors, Inc.
Last checked: 9 minutes ago | Last updated: May 11th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24387191
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,230
  • Total Rent: $17,838
  • Pro Forma/Market Rent: $3,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,343
  • Total Rent: $1,343
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: 14.83
  • Gross Scheduled Income: --
  • Net Operating Income: $147,742
  • Gross Operating Income: $225,595
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3544 Vinton Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Detached Carport, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 4314014019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East on Palms Blvd, South on Vinton Ave
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Sale History for 3544 Vinton Ave

Last sold for $540,000 on December 10th, 1998
  • May, 2024

  • May 3, 2024

    Date

    Active

    CRMLS: 24387191

    $3,450,000

    Price

  • February, 2021

  • Feb 7, 2021

    Date

    Expired

    CRMLS: P0-820003131

    $2,395

    Price

  • Aug 12, 2020

    Date

    Price Change

    CRMLS: P0-820003131

    $2,395

    Price

  • Aug 7, 2020

    Date

    Active

    CRMLS: P0-820003131

    $2,450

    Price

  • Listing provided courtesy of CRMLS

    Clean modern upstairs apartment with new hardwood floors, new tile floors in kitchen and bathrooms, new carpets, new paint, and new vertical blinds. 2 space (tandem) parking. Lots of closet space and storage. Wall A/C. Close to bus stop and UCLA shuttle. Convenient location near UCLA, Loyola Marymount, Santa Monica Community College. Near Venice Blvd for supermarkets, restaurants, and retail shopping. Gated building. Laundry room on premises. SMALL PET WELCOME.

  • April, 2018

  • Apr 12, 2018

    Date

    Expired

    CRMLS: P0-818000150

    $2,195

    Price

  • Apr 6, 2018

    Date

    Price Change

    CRMLS: P0-818000150

    $2,195

    Price

  • Jan 12, 2018

    Date

    Active

    CRMLS: P0-818000150

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    Clean modern upstairs apartment with new hardwood floors, new tile floors in kitchen and bathrooms, new carpets, new paint, and new vertical blinds. 2 space (tandem) parking. Lots of closet space and storage. Wall A/C. Close to bus stop and UCLA shuttle. Convenient location near UCLA, Loyola Marymount, Santa Monica Community College. Near Venice Blvd for supermarkets, restaurants, and retail shopping. Gated building. Laundry room on premises. SMALL PET WELCOME.

  • December, 1998

  • Dec 10, 1998

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

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Tax History for 3544 Vinton Ave

Assessed Value (2020): $774,060
Year Land Value Improved Value Assessed Value
2020 $315,357 $458,703 $774,060

Home Value Compared to the Market

This property vs the competition

3544 Vinton Ave is listed 176.22% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $428.57 per/sqft which puts the price per square foot 44.63% lower than the median price per square foot for the city of Los Angeles.

About 3544 Vinton Ave

Detailed summary of property

3544 Vinton Ave is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 17 bedrooms, 9 bathrooms, roughly 8,050 living square feet, and sits on an approximately 7,500 square foot lot. 3544 Vinton Ave was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $3,450,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 176.22% higher than the median priced home. Local competing homes currently for sale include 11473 Venice Blvd, 3758 Inglewood Blvd and 8662 Cadillac Ave. While the average home in Los Angeles, CA is selling in 94 days, 3544 Vinton Ave has a days on market of 13 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3544 Vinton Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3544 Vinton Ave

Public county record property details
Beds
9
Baths
8
Year built
1963
Sq. Ft.
8,050
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
4314-014-019

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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Related Resources to 3544 Vinton Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.