Los Angeles, CA 90034,3754 Vinton AVE
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Los Angeles, CA 90034,3754 Vinton AVE
Los Angeles, CA 90034,3754 Vinton AVE
Los Angeles, CA 90034,3754 Vinton AVE
Los Angeles, CA 90034,3754 Vinton AVE

$2,250,000

Est. payment /mo

$2,550,000

11.8%
Est.Price: ?

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3754 Vinton AVE Los Angeles, CA 90034

12 Beds

9 Baths

6,570 SqFt

SOLD DATE : 09/06/2024

Key Details

Sold Price $2,250,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,570 sqft

Price per Sqft $342

MLS Listing ID 24389053

Sold Date 09/06/24

Bedrooms 12

HOA Y/N No

Year Built 1957

Lot Size 7,501 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer

Laundry Common Area

Exterior

Garage Attached Carport, Assigned, Covered, Carport, Driveway, Garage, Side By Side, Tandem, Uncovered

Carport Spaces 10

Pool None

Community Features Gated

Roof Type Composition,Shingle

Porch None

Attached Garage Yes

Total Parking Spaces 10

Private Pool No

Building

Faces West

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4314005009

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Peter James • Lyon Stahl Investment Real Estate, Inc.
Bought with Peter James • Lyon Stahl Investment Real Estate, Inc.

Paige Hardy Hill

Broker | License ID: 01999634

+1(951) 458-5129

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