Properties
Los Angeles, CA 90034 3731 Glendon Avenue
$1,550,000
10 more
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.;
Baths • 1
SQFT • 3,200
Home Details
10.74 GRM and 6.82% cap in Prime Palms! LOWEST PAYING TENANT WILL VACATE BY END OF YEAR! 3731 Glendon Ave is an amazing opportunity to own six units offered at only $258k/unit. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath and (1) Studio/1-Bath units. This property has undergone significant upgrades in recent years. Select units have been updated with new floors, counter tops, bathrooms, fixtures, etc. This asset offers strong rental upside with a pro-forma 9.52% CAP and 8.09 GRM.
This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3731 Glendon Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 3731 Glendon Avenue
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 3731 Glendon Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.66
CityLos Angeles
Community FeaturesUrban
ContingencyBuyer to verify all information to zoning, sqft, and all material provided. Information provided is deemed accurate but not guaranteed
CountyLos Angeles
DirectionsMajor cross streets are Venice Blvd. and Overland Ave.
Electric Expense
Entry LocationFront
Expected Active Date 2026-03-12
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income137562
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Lot Size Square Feet4719
Lot Size UnitsSquare Feet
MLS AreaC13 - Palms - Mar Vista
Net Operating Income90276
New ConstructionNo
Number Of Units Total6
Operating Expense32270
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot73
Trash Expense0
Water Sewer Expense0
Year Built1926
Year Built SourceAssessor
ZoningLAR3
Exterior for 3731 Glendon Avenue
Building Area Total3200
Lot Features0-1 Unit/Acre
Lot Size Acres0.1083
Lot Size Area4719
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
