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.
DAYS ON MARKET
|
13
|
LAST UPDATED
|
5/7/2024
|
YEAR BUILT
|
1957
|
COMMUNITY
|
Palms - Mar Vista
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Washer |
AREA |
Palms - Mar Vista |
BUYER'S BROKERAGE COMPENSATION |
|
CONSTRUCTION |
Stucco |
GARAGE |
Assigned, Attached Carport, Carport, Covered, Driveway, Garage, Side by Side, Tandem, Uncovered, Yes |
HEAT |
Wall Furnace |
LOT |
7502 sq ft |
PARKING |
Attached Carport,Assigned,Covered,Carport,Driveway,Garage,Side By Side,Tandem,Uncovered |
POOL DESCRIPTION |
None |
SEWER |
Other |
STORIES |
2 |
STYLE |
Mid-Century Modern |
ZONING |
LAR3 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Geoffrey
Jaime to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/19/24 2:37 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts