3729 Glendon Avenue
3729 Glendon Avenue
$2,395,000
11
7
5,224
5,224
$458
Description
First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5,224 sqft building is offered at only $458/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed "Owner's Unit" boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers,...First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5,224 sqft building is offered at only $458/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed "Owner's Unit" boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers, and wall ACs, while Unit 2 has exclusive access to a sizeable 15' x 35' outdoor patio. Additional features include an on-site laundry room, (4) tandem parking spaces, gated entry, separate meters for gas and electric, and soft-story retrofit was completed in 2021.
3729 Glendon Avenue currently collects ~$12,000/month and ~$144,000/year with approximately 28% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 5.50% CAP and 13.01 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA. Inquire about potential Seller Financing.
3729 Glendon Avenue currently collects ~$12,000/month and ~$144,000/year with approximately 28% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 5.50% CAP and 13.01 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA. Inquire about potential Seller Financing.
- Listed by Robert Sillman • DRE #02145409 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • bobby@lyonstahl.com
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 3729 Glendon Avenue
Parking Spaces Total
8
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area5224
Assessor Parcel Number4252-029-028
Location
LISTING UPDATED: 05/25/2024 02:01 PM
Property Details for 3729 Glendon Avenue
Status | Active |
---|---|
MLS # | SB24095560 |
Days on Market | 17 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1965 |
Lot Size | 0.13 AC / 5,606 SF |
County | Los Angeles County |
Location
Building Information for 3729 Glendon Avenue
Stories2Residences-Year Built1965Building Size-Lot Size0.13 AC / 5,606 SF
Payment Calculator
$13,297 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3729 Glendon Avenue
Property History for 3729 Glendon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3729 Glendon Avenue
Taxable ValueLand$57,236Additions$121,799Total$179,035
Tax Record2023$2,729 ($227 / month)
Home Facts
Total Finished SqFt5,224 SqFtAbove Grade Finished SqFt5,224 SqFtLot Size5,606 SqFtStyleQuadraplexYear Built1965ZoningLAR3CountyLOS ANGELESAPN4252-029-028
Schools near 3729 Glendon 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 |
---|---|---|
Charnock Road Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Venice 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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