3757 Veteran Avenue

Los Angeles, CA 90034

$2,150,000
Last Sold Price
10
Beds
8
Baths
4,248 Sq. Ft.
$506 / Sq. Ft.
4,248
Sq. Ft.
$506
per Sq. Ft.

Description

We proudly present 3757 Veteran Ave. The property features 6 units in an excellent Palms location, just minutes from Downtown Culver City and close to major employers like Sony Studios, Apple, and Amazon Studios. Five of the units have been renovated with condo-quality finishes, including quartz countertops, new flooring, modern lighting, retiled bathrooms, and stainless steel appliances. With a nearly 6% rate of return from day one, the property also boasts a new roof, 400 amp electrical service,...We proudly present 3757 Veteran Ave. The property features 6 units in an excellent Palms location, just minutes from Downtown Culver City and close to major employers like Sony Studios, Apple, and Amazon Studios. Five of the units have been renovated with condo-quality finishes, including quartz countertops, new flooring, modern lighting, retiled bathrooms, and stainless steel appliances. With a nearly 6% rate of return from day one, the property also boasts a new roof, 400 amp electrical service, and tenant responsibility for utilities through RUBS. It offers easy access to the 405 freeway and the Westside, and is near popular shops and restaurants, including Platform LA.
  1. Listed by Zachary Freehling • DRE #01879326 • Brokerage DRE #02083474 • Skylight Real Estate Advisors, Inc.

Property Details for 3757 Veteran Avenue

Zoning
LARD2
Parcel Number
4252019014
Total Units
6.0
Living Area
4248
Source Living Area
Assessor
Area
Palms - Mar Vista (C13)
Vacancy Rate
0
Lot Size Area
4664
LISTING UPDATED: 10/30/2024 09:47 AM

Property Details for 3757 Veteran Avenue

StatusSold
MLS #24-422463
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.11 AC / 4,664 SF
CountyLos Angeles County

Building Information for 3757 Veteran Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.11 AC / 4,664 SF

Property Information for 3757 Veteran Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multifamily
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $184,378
  • Net Operating Income: $135,078.00
  • Gross Income: $190,080
  • Cap Rate: 6.03%
  • Gross Rent Multiplier: $11.78
  • Total Annual Expense: 49299
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1071
  • Lot Size Square Feet: 4664
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 5
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Ceiling Fan, Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven, Microwave, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-02-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,268.00
  • Unit Actual Rent: $2,535.00
  • Unit Projected Rent: $3,150.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,320.00
  • Unit Actual Rent: $4,640.00
  • Unit Projected Rent: $4,695.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,258.00
  • Unit Actual Rent: $4,640.00
  • Unit Projected Rent: $4,695.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 3757 Veteran Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3757 Veteran 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 - 6 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

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.

Similar Homes

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Listing Courtesy of Skylight Real Estate Advisors, Inc., Zachary Freehling, DRE #01879326

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.