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3737 Vinton Avenue

Los Angeles (City), CA 90034
  • $3,150,000
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • ID#: 22190443
Under Contract
UPDATED: 70 min ago
$3,150,000
  • 12
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,347
    SQFT
  • $496
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Peter James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and William James of ()


Description

We are pleased to present 8 units in an excellent Palms location at 3737 Vinton Ave. The subject property has an excellent unit mix consisting of (4) 2 Bed/2 Bath and(4) 1 Bed/1 Bath units. The units are spacious as they are spread out over 6,347 square feet and sit on a 6,722 square foot lot zoned LAR3. The building has been very well maintained over the years and has a newer roof and copper plumbing. The exterior of the property has been nicely landscaped and has been upgraded with a security system and secure access as well. The building has ample parking for tenants consisting of 12 spaces. There is immediate access to the upside potential with 2 units being delivered vacant at the close of escrow. The location benefits greatly from its proximity to Culver City, which is only steps away and from the new developments and businesses in the area, including Sony Studios, Amazon Studios, and Tik Tok. Also, within a short drive is Venice and Santa Monica to the west and premiere neighborhoods surrounding Palms including Rancho Park, Cheviot Hills and Mar Vista. With the newly constructed Expo Line running through Palms, public transport is also a key amenity for any tenant in the area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-27T00:27:57.883. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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3737 Vinton Avenue Los Angeles (City), CA 90034

  • Price: $3,150,000
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 70 min ago
  • ID#: 22190443
12
Beds
0
Baths
0
½ Baths
0.15
Acres
6,347
SQFT
$496
$/SQFT
1961
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
We are pleased to present 8 units in an excellent Palms location at 3737 Vinton Ave. The subject property has an excellent unit mix consisting of (4) 2 Bed/2 Bath and(4) 1 Bed/1 Bath units. The units are spacious as they are spread out over 6,347 square feet and sit on a 6,722 square foot lot zoned LAR3. The building has been very well maintained over the years and has a newer roof and copper plumbing. The exterior of the property has been nicely landscaped and has been upgraded with a security system and secure access as well. The building has ample parking for tenants consisting of 12 spaces. There is immediate access to the upside potential with 2 units being delivered vacant at the close of escrow. The location benefits greatly from its proximity to Culver City, which is only steps away and from the new developments and businesses in the area, including Sony Studios, Amazon Studios, and Tik Tok. Also, within a short drive is Venice and Santa Monica to the west and premiere neighborhoods surrounding Palms including Rancho Park, Cheviot Hills and Mar Vista. With the newly constructed Expo Line running through Palms, public transport is also a key amenity for any tenant in the area.
Exterior Features

Parking Features AssignedGarageTandem Parking Total 12

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.1 Garage YN Yes Gross Income 191316 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 129194 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-27T00:27:57.883. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Peter James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and William James of ()