3754 Vinton Ave, Los Angeles, CA 90034
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3754 Vinton Ave Los Angeles, CA 90034

$2,750,000
  • 12 Beds
  • 9 Baths
  • 6,570 Sq.Ft.
For Sale
$2,750,000 Get Pre-Qualified

Map preview of 3754 Vinton Ave, Los Angeles, CA 90034

Property Overview: 3754 Vinton Ave Los Angeles, CA has 12 bedrooms, 9 bathrooms, 6,570 living square feet and 7,502 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: We are pleased to present 3754 Vinton Ave in the Palms submarket of Los Angeles, adjacent to Downtown Culver City. The subject property is an 8 unit apartment building built in 1957 with an excellent unit mix and spacious units that are laid out over 6,570 square feet and sits on a 7,500 square foot lot. This is an opportunity for an investor looking for a value-add opportunity. With rents approximately 30% below market, an investor will be able to increase cash flow in one of the premier rental pockets in Los Angeles. A buyer will be able to access the upside day one as there are two vacancies currently at the property. The property features ample parking with 10 spaces located in the rear and front of the building. The soft-story retrofit has been completed and the exterior has been nicely landscaped with on-site laundry for tenants. An investor can capitalize on one of the fastest growing submarkets in all of Los Angeles. With tech companies like Amazon and Tik Tok and entertainment companies like Sony a stones throw away, Culver City and Palms is slowly becoming a hub for Tech in the Los Angeles area. It's central location between the mid-cities and the beach cities make this a great rental pocket for renters looking to access all of the major business hubs in the city. Its walking distance to shops, dining, the Expo Line and entertainment make this a "Walker's Paradise" with a near perfect 96 walk score.

Listed by Peter James | BRE #01748556 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 49 seconds ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389053
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $9,498
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,296
  • Total Rent: $2,296
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $3,951
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.15%
  • Gross Rent Multiplier: 14.56
  • Gross Scheduled Income: --
  • Net Operating Income: $114,246
  • Gross Operating Income: $194,506
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3754 Vinton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator, Gas Cooktop, Oven, Gas Oven
Interior Features
  • Levels: Multi/Split
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Carport, Attached Carport, Covered, Driveway, Tandem Garage, Uncovered, Side by Side
Property Information
  • Total # of Units: 8
  • Parcel Number: 4314005009
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Vinton Ave just north of Venice Blvd and south of Regent St.
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Sale History for 3754 Vinton Ave

View property's historical transactions
  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: 24389053

    $2,750,000

    Price

  • November, 2023

  • Nov 4, 2023

    Date

    Expired

    CRMLS: 23300525

    $2,750,000

    Price

  • Aug 14, 2023

    Date

    Active

    CRMLS: 23300525

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 3754 Vinton Ave in the Palms submarket of Los Angeles, adjacent to Downtown Culver City. The subject property is an 8 unit apartment building built in 1957 with an excellent unit mix consisting of (1) 3 Bed / 2 Bath, (2) 2 Bed / 1 Bath, and (5) 1 Bed / 1 Bath units. The spacious units are laid out over 6,570 square feet and sits on a 7,500 square foot lot that is zoned LAR3. 3754 Vinton is an opportunity for investors looking for value-add opportunities in Los Angeles. With rents approximately 30% below market, an investor will be able to increase cash flow in one of the premier rental pockets in Los Angeles. The property features ample parking with 10 spaces located in the rear and front of the building. The soft story retrofit has been completed and the exterior has been nicely landscaped giving the offering great curb appeal. The building also features on-site laundry adding an additional income stream for an investor.

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Tax History for 3754 Vinton Ave

Assessed Value (2020): $223,683
Year Land Value Improved Value Assessed Value
2020 $77,541 $146,142 $223,683

Home Value Compared to the Market

This property vs the competition

3754 Vinton Ave is listed 120% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $418.57 per/sqft which puts the price per square foot 46.13% lower than the median price per square foot for the city of Los Angeles.

About 3754 Vinton Ave

Detailed summary of property

3754 Vinton Ave is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 12 bedrooms, 9 bathrooms, roughly 6,570 living square feet, and sits on an approximately 7,502 square foot lot. 3754 Vinton Ave was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $2,750,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 120% higher than the median priced home. Local competing homes currently for sale include 9117 National Blvd, 3709 S Bentley Ave and 8701 Olin St. While the average home in Los Angeles, CA is selling in 92 days, 3754 Vinton Ave has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3754 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 3754 Vinton Ave

Public county record property details
Beds
11
Baths
8
Year built
1957
Sq. Ft.
6,570
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
4314-005-009

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
$1,899,000
Median List Price/Sq.Ft.
$925
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
42
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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Related Resources to 3754 Vinton Ave

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.