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3729 Glendon Ave, Los Angeles, CA 90034
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3729 Glendon Ave Los Angeles, CA 90034

$2,245,000
  • 11 Beds
  • 7 Baths
  • 5,224 Sq.Ft.
For Sale
$2,245,000 Get Pre-Qualified
Map preview of 3729 Glendon Ave, Los Angeles, CA 90034

Property Overview: 3729 Glendon Ave Los Angeles, CA has 11 bedrooms, 7 bathrooms, 5,224 living square feet and 5,606 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: OWNER OCCUPIED OPPORTUNITY & $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.

Listed by Robert Sillman | BRE #02145409 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 5 minutes ago | Last updated: August 30th, 2024 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
5,606
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB24152465
City
Los Angeles
County
Los Angeles
Time on Site
55 days

Open Houses for 3729 Glendon Ave

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Property Details for 3729 Glendon Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 11
  • Downstairs Bathrooms: 7
  • Living Room
Bathroom Information
  • # of Baths (Full): 7
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Carport, Tandem Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4252029028
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Off Venice Blvd at the intersection of Glendon Ave and McCune Ave
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3729 Glendon Ave

View property's historical transactions

  • July, 2024

  • Jul 27, 2024

    Date

    Active

    CRMLS: SB24152465

    $2,245,000

    Price

Tax History for 3729 Glendon Ave

Assessed Value (2020): $170,320
Year Land Value Improved Value Assessed Value
2020 $54,450 $115,870 $170,320

Home Value Compared to the Market

This property vs the competition

3729 Glendon Ave is listed 87.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $429.75 per/sqft which puts the price per square foot 44.04% lower than the median price per square foot for the city of Los Angeles.

About 3729 Glendon Ave

Detailed summary of property

3729 Glendon Ave is a fourplex located in Los Angeles, CA 90034 and is currently for sale. This fourplex offers 11 bedrooms, 7 bathrooms, roughly 5,224 living square feet, and sits on an approximately 5,606 square foot lot. 3729 Glendon Ave was first listed on ArdentRealEstateGroup.com on July 26, 2024. The homeowner is currently asking $2,245,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 87.08% higher than the median priced home. Local competing homes currently for sale include 11516 Washington Pl, 4019 Mclaughlin Ave and 12021 Washington Pl. While the average home in Los Angeles, CA is selling in 106 days, 3729 Glendon Ave has a days on market of 53 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3729 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 3729 Glendon Ave

Public county record property details
Beds
11
Baths
7
Year built
1965
Sq. Ft.
5,224
Lot Size
5,605
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
4252-029-028

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
$1,695,000
Median List Price/Sq.Ft.
$898
Median Sold Price
$1,480,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
70
Median Sale to List Price %
105.79%
Avg Days on Market
29
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

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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.

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