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3661 Vinton Ave Los Angeles, CA 90034

$2,550,000 Sold Price as of 12/16/2020

10 Beds
10 Baths
7,512 Sq.Ft.

Sold

$2,550,000 Sold Price as of 12/16/2020 Refinance Your Mortgage

Map preview of 3661 Vinton Ave, Los Angeles, CA 90034

Property Overview: 3661 Vinton Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 7,512 living square feet and 7,490 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully maintained 9 unit apartment building in prime Palms. The property consists of 1 - Single, 6 - 1bedroom + 1 bath and 2 - 2 bedroom + 1.5 bath units. The building is 7,512 square feet and sits on a 7,490square foot lot. It is individually metered for gas and electricity. The units are large and there is upside in the rents. It is located in the high demand area of Palms adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings and well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10freeways. The property will require the earthquake soft story retrofit work to be completed.

Listed by Michael A Salerno | BRE #01212427 | Miller & Desatnik Realty Co.

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft: 7,490
HOA Dues: $0/mo
Year built: 1961
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20614632
City: Los Angeles
County: Los Angeles
Time on Site: 1212 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 9
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,571
Total Rent: $1,571
Pro Forma/Market Rent: $1,895

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,795
Total Rent: $1,795
Pro Forma/Market Rent: $1,895

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,595
Total Rent: $1,595
Pro Forma/Market Rent: $1,895

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,895
Total Rent: $1,895
Pro Forma/Market Rent: $1,895

Unit Breakdown 5

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,929
Total Rent: $1,929
Pro Forma/Market Rent: $2,095

Unit Breakdown 6

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,750
Total Rent: $1,795
Pro Forma/Market Rent: $1,895

Unit Breakdown 7

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,815
Total Rent: $1,815
Pro Forma/Market Rent: $1,895

Unit Breakdown 8

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,907
Total Rent: $1,907
Pro Forma/Market Rent: $2,095

Unit Breakdown 9

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,595
Total Rent: $1,595
Pro Forma/Market Rent: $1,595

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.64
Gross Scheduled Income: --
Net Operating Income: $108,056
Gross Operating Income: $182,547

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3661 Vinton Ave

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Carport

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 9
Parcel Number: 4314007023

Location / Neighborhood

Location Information

Directions: 1 1/2 Blocks North of Venice, 1 block East of Motor Avenue

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Local Los Angeles Agent

Sale History for 3661 Vinton Ave

Last sold for $2,550,000 on December 16th, 2020

December, 2020
Dec 17, 2020

Date

Sold

CRMLS: 20614632

$2,550,000

Price
Oct 16, 2020

Date

Pending

CRMLS: 20614632

$2,995,000

Price
Aug 6, 2020

Date

Active

CRMLS: 20614632

$2,995,000

Price
December, 2020
Dec 16, 2020

Date

Sold (Public Records)

Public Records

$2,550,000

Price
May, 2018
May 25, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3661 Vinton Ave

Assessed Value (2020): $1,542,821

Year	Land Value	Improved Value	Assessed Value
2020	$662,153	$880,668	$1,542,821

Home Value Compared to the Market

This property vs the competition

3661 Vinton Ave sold on December 16, 2020 for 151.68% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $398.7 per/sqft which puts the price per square foot 47.19% lower than the current median sale per square foot for the city of Los Angeles.

About 3661 Vinton Ave

Detailed summary of property

3661 Vinton Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 7,512 living square feet, and sits on an approximately 7,490 square foot lot. 3661 Vinton Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,550,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 151.68% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 1138 Cardiff Ave and 12413 Westminster Ave. While the average home in Los Angeles, CA is selling in 94 days, 3661 Vinton Ave has a days on market of 70 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3661 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 3661 Vinton Ave

Public county record property details

Beds: 10
Baths: 10
Year built: 1961
Sq. Ft.: 7,512
Lot Size: 7,489
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 4314-007-023

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

$1,999,000

Median List Price/Sq.Ft.

$932

Median Sold Price

$2,079,000

Median Sold Price/Sq.Ft.

$899

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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.