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3755 Clarington Ave, Los Angeles, CA 90034
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3755 Clarington Ave Los Angeles, CA 90034

$3,195,000
  • 18 Beds
  • 10 Baths
  • 8,378 Sq.Ft.
For Sale
$3,195,000 Get Pre-Qualified
Map preview of 3755 Clarington Ave, Los Angeles, CA 90034

Property Overview: 3755 Clarington Ave Los Angeles, CA has 18 bedrooms, 10 bathrooms, 8,378 living square feet and 10,278 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: 3755 Clarington Avenue is a terrific 10 unit apartment building located in the Palms neighborhood of Los Angeles. Built in 1963, the property contains an excellent mix of units consisting of 2 - One Bedroom + One Bath Units and 8 Two Bedroom + One and a Half Bath Townhome Units. The building is 8,378 square feet and is situated on a 10,278 square foot lot. The property is just a half block north of Venice Blvd. - only a short distance to Downtown Culver City which is home to Apple, Amazon Studios, HBO, and Sony. Superb retail amenities and access to several key job hubs in Culver City, Century City, Santa Monica, and Playa Vista makes this a compelling, high demand location for renters. This is a great opportunity for an investor to purchase a value-add income property in one of the most sought after neighborhoods in Los Angeles.

Listed by Gary Fox | BRE #00847295 | Miller & Desatnik Realty Co.
Co-listed by Michael Wozniak | BRE #01856514 | Miller & Desatnik Realty Co.
Last checked: 15 minutes ago | Last updated: June 12th, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
10,278
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24400022
City
Los Angeles
County
Los Angeles
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,445
  • Total Rent: $2,445
  • Pro Forma/Market Rent: $2,445
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,587
  • Total Rent: $1,587
  • Pro Forma/Market Rent: $1,587
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $1,404
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,174
  • Total Rent: $2,174
  • Pro Forma/Market Rent: $2,174
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,040
  • Total Rent: $2,040
  • Pro Forma/Market Rent: $2,040
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,998
  • Total Rent: $19,898
  • Pro Forma/Market Rent: $1,998
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,026
  • Total Rent: $2,026
  • Pro Forma/Market Rent: $2,026
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,747
  • Total Rent: $1,747
  • Pro Forma/Market Rent: $1,747
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,512
  • Total Rent: $1,512
  • Pro Forma/Market Rent: $1,512
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,174
  • Total Rent: $2,174
  • Pro Forma/Market Rent: $2,174
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.05%
  • Gross Rent Multiplier: 13.89
  • Gross Scheduled Income: --
  • Net Operating Income: $129,259
  • Gross Operating Income: $223,062
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3755 Clarington Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Tandem Garage, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 4313005012
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 1/2 block north of Venice Blvd., 6 blocks east of Overland Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 3755 Clarington Ave

Last sold for $1,625,000 on May 27th, 2011

  • June, 2024

  • Jun 4, 2024

    Date

    Active

    CRMLS: 24400022

    $3,195,000

    Price

  • May, 2011

  • May 27, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,625,000

    Price

  • August, 1997

  • Aug 18, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3755 Clarington Ave

Assessed Value (2020): $1,903,640
Year Land Value Improved Value Assessed Value
2020 $1,522,914 $380,726 $1,903,640

Home Value Compared to the Market

This property vs the competition

3755 Clarington Ave is listed 155.8% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $381.36 per/sqft which puts the price per square foot 50.98% lower than the median price per square foot for the city of Los Angeles.

About 3755 Clarington Ave

Detailed summary of property

3755 Clarington Ave is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 18 bedrooms, 10 bathrooms, roughly 8,378 living square feet, and sits on an approximately 10,278 square foot lot. 3755 Clarington Ave was first listed on ArdentRealEstateGroup.com on June 4, 2024. The homeowner is currently asking $3,195,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 155.8% higher than the median priced home. Local competing homes currently for sale include 8701 Olin St, 11401 Washington Pl and 8662 Cadillac Ave. While the average home in Los Angeles, CA is selling in 98 days, 3755 Clarington Ave has a days on market of 22 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 3755 Clarington 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 3755 Clarington Ave

Public county record property details
Beds
18
Baths
18
Year built
1963
Sq. Ft.
8,378
Lot Size
10,275
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
4313-005-012

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
$1,895,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,333,000
Median Sold Price/Sq.Ft.
$1,028
Total Inventory
57
Median Sale to List Price %
116.94%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (25%)

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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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