3760 Vinton Ave, Los Angeles, CA 90034
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3760 Vinton Ave Los Angeles, CA 90034

$2,050,000 Sold Price as of 01/29/2024
  • 13 Beds
  • 10 Baths
  • 7,470 Sq.Ft.
Sold
$2,050,000 Sold Price as of 01/29/2024 Refinance Your Mortgage

Map preview of 3760 Vinton Ave, Los Angeles, CA 90034

Property Overview: 3760 Vinton Ave Los Angeles, CA has 13 bedrooms, 10 bathrooms, 7,470 living square feet and 7,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 9 - unit apartment building in prime Palms. The property consists of 1 - Single, 3 - 1 bedroom + 1 bath, 3 -2 bedroom + 1 bath, 1 - 2 bedroom + 1.5 bath and 1 - 3 bedroom + 2 bath units. The building was built in 1970 is 7,470square feet. It sits on a 7,501 square foot lot. It is individually metered for gas and electricity. The rents are below market and there is over 60% upside in the rents. There is one vacant 1 bd. + 1ba. unit with a projected rent of $1,895. There is onsite laundry. It is located in the high demand area of Palms adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $860,000, 4.21% fixed until 5/1/26, due in 2031. PLEASE DO NOT DISTURB THE TENANTS.

Listed by Michael A Salerno | BRE #01212427 | Michael Anthony Salerno
Last checked: 9 minutes ago | Last updated: January 29th, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,503
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23331785
City
Los Angeles
County
Los Angeles
Time on Site
216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,298
  • Total Rent: $1,298
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,301
  • Total Rent: $1,301
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,376
  • Total Rent: $1,376
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,287
  • Total Rent: $1,287
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,287
  • Total Rent: $1,287
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,013
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $1,895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.51
  • Gross Scheduled Income: --
  • Net Operating Income: $80,935
  • Gross Operating Income: $142,315
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3760 Vinton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Tandem Garage, Covered
Property Information
  • Total # of Units: 9
  • Parcel Number: 4314005008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 1 block east of Motor Ave, north of Venice Blvd
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Sale History for 3760 Vinton Ave

Last sold for $2,050,000 on January 29th, 2024
  • January, 2024

  • Jan 29, 2024

    Date

    Sold

    CRMLS: 23331785

    $2,050,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: 23331785

    $2,350,000

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2013

  • Dec 19, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3760 Vinton Ave

Assessed Value (2020): $376,890
Year Land Value Improved Value Assessed Value
2020 $84,594 $292,296 $376,890

Home Value Compared to the Market

This property vs the competition

3760 Vinton Ave sold on January 29, 2024 for 107.96% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $314.59 per/sqft which puts the price per square foot 58.28% lower than the current median sale per square foot for the city of Los Angeles.

About 3760 Vinton Ave

Detailed summary of property

3760 Vinton Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 13 bedrooms, 10 bathrooms, roughly 7,470 living square feet, and sits on an approximately 7,503 square foot lot. 3760 Vinton Ave was first listed on ArdentRealEstateGroup.com on November 27, 2023. The homeowner sold the property for $2,050,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 107.96% higher than the current median priced home. Local homes that are currently for sale include 1206 S Sherbourne Dr, 2915 S Burnside Ave and 1243 S La Cienega Blvd. While the average home in Los Angeles, CA is selling in 99 days, 3760 Vinton Ave has a days on market of 15 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 3760 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 3760 Vinton Ave

Public county record property details
Beds
12
Baths
14
Year built
1970
Sq. Ft.
7,470
Lot Size
7,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4314-005-008

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
$1,795,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,895,000
Median Sold Price/Sq.Ft.
$1,003
Total Inventory
57
Median Sale to List Price %
111.54%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

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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.