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3731 Glendon Ave, Los Angeles, CA 90034
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3731 Glendon Ave Los Angeles, CA 90034

$1,700,000
  • 5 Beds
  • 6 Baths
  • 2,383 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified
Map preview of 3731 Glendon Ave, Los Angeles, CA 90034

Property Overview: 3731 Glendon Ave Los Angeles, CA has 5 bedrooms, 6 bathrooms, 2,383 living square feet and 4,719 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: 3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath and (1) Studio/1-Bath units. Beneficial to the new owner, two of the 1-Bedroom units are renovated, including new floors, counter tops, bathrooms, fixtures, etc. Once fully rented, the property will operate at a 5.35% CAP and 12.94 GRM. This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3731 Glendon Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 12 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
4,719
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SB24059212
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,448
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,760
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,760
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $936
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,300
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $744
  • Total Rent: --
  • Pro Forma/Market Rent: $2,760
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $131,376
  • Net Operating Income: $90,991
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $36,444
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 3731 Glendon Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 4252029027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major cross streets are Venice Blvd. and Overland Ave.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3731 Glendon Ave

Last sold for $950,000 on June 6th, 2023

  • April, 2024

  • Apr 1, 2024

    Date

    Active

    CRMLS: SB24059212

    $1,700,000

    Price

  • June, 2023

  • Jun 6, 2023

    Date

    Sold

    CRMLS: 23233655

    $950,000

    Price

  • Jan 20, 2023

    Date

    Active

    CRMLS: 23233655

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    3731 Glendon Ave presents a prime investment opportunity in the highly sought-after Palms neighborhood. This 6-unit multifamily property boasts a desirable unit mix of five 1-bedroom units and one studio, totaling 2,383 square feet on a spacious 4,717 square foot lot, zoned LAR3. The building has undergone recent renovations, featuring new windows, a freshly painted exterior, and new water heaters, ensuring it is well-maintained for potential tenants. Additionally, the property offers ample parking with six designated spaces.The location of this property is highly desirable, with the bustling Culver City only steps away, and the presence of major industry players such as Sony Studios, Amazon Studios, and Tik Tok in the area. The property is also conveniently located in proximity to the beach communities of Venice and Santa Monica, and the affluent neighborhoods of Rancho Park, Cheviot Hills, and Mar Vista. Furthermore, with the newly constructed Expo Line running through Palms, public transportation is readily available for tenants. This property presents a significant opportunity for investors, with an estimated 80%+ upside in gross rental income and 120% upside in net operating income.

  • September, 2011

  • Sep 16, 2011

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

Show More

Tax History for 3731 Glendon Ave

Assessed Value (2020): $690,055
Year Land Value Improved Value Assessed Value
2020 $551,278 $138,777 $690,055

Home Value Compared to the Market

This property vs the competition

3731 Glendon Ave is listed 36.01% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,888. The median price per/sqft for Los Angeles is $771 and this home is listed at $713.39 per/sqft which puts the price per square foot 7.47% lower than the median price per square foot for the city of Los Angeles.

About 3731 Glendon Ave

Detailed summary of property

3731 Glendon Ave is a apartment located in Los Angeles, CA 90034 and is currently for sale. This apartment offers 5 bedrooms, 6 bathrooms, roughly 2,383 living square feet, and sits on an approximately 4,719 square foot lot. 3731 Glendon Ave was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,700,000. The median priced home in Los Angeles is $1,249,888 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36.01% higher than the median priced home. Local competing homes currently for sale include 1952 S Corning St, 2593 Amherst Ave and 13009 Venice Blvd. While the average home in Los Angeles, CA is selling in 96 days, 3731 Glendon Ave has a days on market of 17 days. There are currently 3431 homes for sale in the Los Angeles real estate market and 2328 of them are single family homes while 1008 of them are condos and 90 are townhomes. For more information on this home for sale at 3731 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 3731 Glendon Ave

Public county record property details
Beds
5
Baths
6
Year built
1926
Sq. Ft.
2,383
Lot Size
4,739
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
73
APN
4252-029-027

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
$1,949,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,000
Median Sold Price/Sq.Ft.
$1,017
Total Inventory
46
Median Sale to List Price %
99.17%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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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