3544 Vinton Avenue

Los Angeles, CA 90034

$3,450,000
Price
17
Beds
17
Baths
8,050 Sq. Ft.
$429 / Sq. Ft.
8,050
Sq. Ft.
$429
per Sq. Ft.

Description

Proudly presenting 3544 Vinton Avenue, a 9-unit investment opportunity. This property consists of eight spacious 2-bedroom, 1.5-bathroom units, along with one 1-bedroom, 1-bathroom unit. Featuring 8,050 square feet of building square footage, the property was built in 1963 and the soft story retrofit has already been completed. Strategically located in the heart of Palms, mere steps away from the bustling energy of Culver City, this property offers unparalleled convenience and access to urban amenities....Proudly presenting 3544 Vinton Avenue, a 9-unit investment opportunity. This property consists of eight spacious 2-bedroom, 1.5-bathroom units, along with one 1-bedroom, 1-bathroom unit. Featuring 8,050 square feet of building square footage, the property was built in 1963 and the soft story retrofit has already been completed. Strategically located in the heart of Palms, mere steps away from the bustling energy of Culver City, this property offers unparalleled convenience and access to urban amenities. The prime location ensures a steady stream of potential tenants seeking the vibrant lifestyle synonymous with the area. Parking is plentiful with 11 spaces available, including 3 tandem spaces and 5 carport spaces, ensuring residents have ample room for their vehicles. The on-site laundry facilities offer added convenience and each unit is individually metered for gas and electricity The front two-bedroom unit will be delivered vacant at closing, offering investors the opportunity to renovate according to their preferences. This, coupled with the generously sized living spaces, presents a compelling opportunity for investors looking to maximize returns. With realistic upside potential in rents, this property stands as an ideal prospect for astute investors seeking long-term gains and stability in their portfolio. Don't miss out on this chance to own a piece of prime real estate in one of Los Angeles' most sought-after neighborhoods.
  1. Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
  2. Listed by Don Favia • DRE #01841258 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.

Property Details for 3544 Vinton Avenue

Zoning
LAR3
Parcel Number
4314014019
Total Units
9.0
Living Area
8050
Source Living Area
Vendor Enhanced
Area
Palms - Mar Vista (C13)
Vacancy Rate
1
Lot Size Area
7500

Location

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258
Add your commute
LISTING UPDATED: 05/11/2024 12:01 AM

Property Details for 3544 Vinton Avenue

StatusActive
MLS #24-387191
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258
Add your commute

Building Information for 3544 Vinton Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$19,754 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,828

Property Taxes

$926

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3544 Vinton Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $225,595
  • Net Operating Income: $147,742.00
  • Gross Income: $232,572
  • Cap Rate: 4.28%
  • Gross Rent Multiplier: $14.83
  • Total Annual Expense: 77853
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
Parking Details
Parking Details
  • Parking Garage: Carport Detached, Tandem
  • Total Parking: 11
  • Parking Features: Detached Carport, Tandem Garage
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-03-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,230.00
  • Unit Actual Rent: $17,838.00
  • Unit Projected Rent: $3,195.00
  • Like Units: 8
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,343.00
  • Unit Actual Rent: $1,343.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $482,178.00
  • Assessed Improvement Percent: 59.26
  • Assessed Land Value: $331,495.00
  • Assessed Land Percent: 40.74
  • Assessed Total Value: $813,673.00

Property History for 3544 Vinton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3544 Vinton Avenue

Taxable ValueLand$331,495Additions$482,178Total$813,673
Tax Record2023$11,112 ($926 / month)
Home Facts
Total Finished SqFt8,050 SqFtAbove Grade Finished SqFt8,050 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN4314-014-019

Schools near 3544 Vinton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palms Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3544 Vinton Avenue is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on May 3, 2024 by Realty Investment Advisors, Inc., it's currently listed at $3,450,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Palms Elementary School, Palms Middle School and Alexander Hamilton Senior High School. 3544 Vinton Avenue is a 17-bed, 17-bath, 8,050 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.