3704 Glendon Ave Los Angeles, CA 90034

$799,000 Sold Price as of 06/27/2014

4 Beds
3 Baths
1,790 Sq.Ft.

Off Market

$799,000 Sold Price as of 06/27/2014 Refinance Your Mortgage

Map preview of 3704 Glendon Ave, Los Angeles, CA 90034

Property Overview: 3704 Glendon Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,790 living square feet and 5,436 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3704 Glendon Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3704 Glendon Ave

Last sold for $799,000 on June 27th, 2014

May, 2023
May 18, 2023

Date

Expired

CRMLS: PW23031275

$6,700,000

Price
Feb 23, 2023

Date

Active

CRMLS: PW23031275

$6,700,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to acquire a portfolio of 12 units on three contiguous parcels in Los Angeles’ Palms neighborhood. The offering boasts a great location at 3704, 3710 and 3714 Glendon Avenue, less than a block north of Venice Boulevard and a Ralph’s grocery store, a half-mile from Sony Studios, surrounded by numerous major development projects, proximate to downtown Culver City’s popular entertainment and major employers, and just four miles to Venice Beach. The average household income within one mile exceeds $110,000. The portfolio comprises 3704 Glendon Avenue, a single-story triplex, 3710 Glendon Avenue, a two-story building with six units, and 3714 Glendon Avenue, which has a one-bedroom home in the front and a rear duplex with garages. Together, the buildings have a mix of two two-bedroom units, nine one-bedroom units, and a bachelor unit. All buildings feature on-site parking, units separately metered for gas and electric, and laundry hook ups. Current rents offer a new investor 35 percent rental upside, making this a great investment opportunity in a popular and growing market. Furthermore, a new investor may want to consider redevelopment; up to 36 units may be built on the three contiguous parcels by utilizing low income density bonuses (buyer to verify).

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October, 2022
Oct 18, 2022

Date

Expired

CRMLS: PW22161947

$6,700,000

Price
Jul 22, 2022

Date

Active

CRMLS: PW22161947

$6,700,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to acquire three contiguous parcels in Los Angeles’ Palms neighborhood. The offering boasts a great location at 3704, 3710 and 3714 Glendon Avenue, less than a block north of Venice Boulevard and a Ralph’s grocery store, a half-mile from Sony Studios, surrounded by numerous major development projects, proximate to downtown Culver City’s popular entertainment and major employers, and just four miles to Venice Beach. The average household income within one mile exceeds $110,000. The subject property encompasses a total lot size of 16,304 square feet zoned LAR3, and a new investor may be able to develop 36 units by utilizing low income density bonuses (buyer to verify). Assuming a development of 31,482 rentable square feet with a mix of studio, one-bedroom, and two-bedroom units, the estimated value of the completed project would be $21,500,000. 3704-3714 Glendon Avenue currently features four existing buildings with 12 total units that generate $22,762 in monthly rent.

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June, 2014
Jun 27, 2014

Date

Sold (Public Records)

Public Records

$799,000

Price

Tax History for 3704 Glendon Ave

Assessed Value (2020): $906,620

Year	Land Value	Improved Value	Assessed Value
2020	$714,309	$192,311	$906,620

About 3704 Glendon Ave

Detailed summary of property

3704 Glendon Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90034 and last sold on June 27, 2014 for $799,000. This property has 4 bedrooms, 3 bathrooms, roughly 1,790 living square feet, and sits on an approximately 5,436 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.66% lower than the current median priced home. 3704 Glendon Ave was last sold on June 27, 2014 for $799,000. Local nearby listings include 3501 Tilden Ave #8, 3546 Clarington Ave #B and 3268 Veteran Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 3704 Glendon 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 3704 Glendon Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1948
Sq. Ft.: 1,790
Lot Size: 5,436
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 37
APN: 4252-032-008

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

$1,550,000

Median List Price/Sq.Ft.

$884

Median Sold Price

$1,480,000

Median Sold Price/Sq.Ft.

$919

Total Inventory

Median Sale to List Price %

105.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

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(714) 706-1823

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