3753 Veteran Ave, Los Angeles, CA 90034
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3753 Veteran Ave Los Angeles, CA 90034

$1,900,000 Sold Price as of 10/04/2023
  • 8 Beds
  • 8 Baths
  • 4,143 Sq.Ft.
Sold
$1,900,000 Sold Price as of 10/04/2023 Refinance Your Mortgage

Map preview of 3753 Veteran Ave, Los Angeles, CA 90034

Property Overview: 3753 Veteran Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,143 living square feet and 4,662 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Hamid Soroudi | BRE #00708618 | Keller Williams Beverly Hills
Last checked: 7 minutes ago | Last updated: October 4th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
4,662
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23301205
City
Los Angeles
County
Los Angeles
Time on Site
264 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,852
  • Total Rent: $2,852
  • Pro Forma/Market Rent: $9,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,466
  • Total Rent: $2,466
  • Pro Forma/Market Rent: $4,931
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.9%
  • Gross Rent Multiplier: 11.4
  • Gross Scheduled Income: --
  • Net Operating Income: $117,090
  • Gross Operating Income: $169,138
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3753 Veteran Ave

Interior Features
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door
Property Information
  • Total # of Units: 6
  • Parcel Number: 4252019013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N. of Venice Blvd., W. of Sepulveda Blvd
View more facts & features

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Sale History for 3753 Veteran Ave

Last sold for $1,900,000 on October 4th, 2023
  • October, 2023

  • Oct 4, 2023

    Date

    Sold

    CRMLS: 23301205

    $1,900,000

    Price

  • Aug 14, 2023

    Date

    Active

    CRMLS: 23301205

    $1,995,000

    Price

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: 23231330

    $2,190,000

    Price

  • Jan 9, 2023

    Date

    Active

    CRMLS: 23231330

    $2,190,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2022

  • Oct 22, 2022

    Date

    Expired

    CRMLS: 22171461

    $2,150,000

    Price

  • Jun 21, 2022

    Date

    Active

    CRMLS: 22171461

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2022

  • May 27, 2022

    Date

    Expired

    CRMLS: 22122015

    $2,250,000

    Price

  • Jan 26, 2022

    Date

    Active

    CRMLS: 22122015

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present 3753 Veteran Ave. This upside potential property consists of 6 units, with the mix of one (1+1), two (0+1), 2 (3+2), and one under construction ADU (1+1) with washer and dryer hookups inside the unit. The subject property provides quick access to downtown Culver City, Venice Blvd, the beach, and Abbot Kinney. This property presents an investor with a perfect value-add opportunity as the current rents are approximately 27% below market rents. **Do not disturb tenants** Showings with accepted offer only.

  • October, 2018

  • Oct 24, 2018

    Date

    Expired

    CRMLS: 18368212

    $1,800,000

    Price

  • Oct 23, 2018

    Date

    Withdrawn

    CRMLS: 18368212

    $1,800,000

    Price

  • Oct 8, 2018

    Date

    Active

    CRMLS: 18368212

    $1,800,000

    Price

  • Sep 27, 2018

    Date

    Pending

    CRMLS: 18368212

    $1,800,000

    Price

  • Aug 6, 2018

    Date

    Price Change

    CRMLS: 18368212

    $1,800,000

    Price

  • Jul 24, 2018

    Date

    Active

    CRMLS: 18368212

    $1,980,000

    Price

  • Listing provided courtesy of CRMLS

    ****PRICE REDUCTION**** We are proud to present 3753 Veteran Ave., located in prime Palms 90034. Walking distance to downtown Culver City and centrally located in West Los Angeles, Veteran Ave offers tenants Access to major freeways, 15 minutes to LAX, and 10 minutes to the beach. Palms is a great West LA location that is still on the rise with much new development. Just down the street from our listing are some beautiful newly constructed apartments and condos and more going up in and around the area. With a terrific unit mix and good upside potential in rents this investment opportunity is perfect for the first time investor looking to buy in West LA or the experienced Buyer that just wants to add an easy management property to their portfolio. No showings without an accepted offer. PLEASE do not disturb the tenants!

  • January, 2016

  • Jan 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,190,000

    Price

  • March, 2005

  • Mar 18, 2005

    Date

    Sold (Public Records)

    Public Records

    $995,000

    Price

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Tax History for 3753 Veteran Ave

Assessed Value (2020): $1,288,092
Year Land Value Improved Value Assessed Value
2020 $920,066 $368,026 $1,288,092

Home Value Compared to the Market

This property vs the competition

3753 Veteran Ave sold on October 4, 2023 for 67.65% 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 $481.54 per/sqft which puts the price per square foot 36.22% lower than the current median sale per square foot for the city of Los Angeles.

About 3753 Veteran Ave

Detailed summary of property

3753 Veteran Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,143 living square feet, and sits on an approximately 4,662 square foot lot. 3753 Veteran Ave was first listed on ArdentRealEstateGroup.com on August 16, 2023. The homeowner sold the property for $1,900,000. 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 67.65% higher than the current median priced home. Local homes that are currently for sale include 1647 S Holt Ave, 1724 S Crescent Heights Blvd and 1451 S Holt Ave. While the average home in Los Angeles, CA is selling in 94 days, 3753 Veteran Ave has a days on market of 16 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 3753 Veteran 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 3753 Veteran Ave

Public county record property details
Beds
9
Baths
8
Year built
1965
Sq. Ft.
3,748
Lot Size
4,662
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
70
APN
4252-019-013

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
$1,995,000
Median List Price/Sq.Ft.
$932
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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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.