3754 Vinton Avenue

Los Angeles, CA 90034

$2,750,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $418 / sqft

1957

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Fireplace Information
Features None
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 3754 Vinton Avenue
City Los Angeles
State CA
Zip 90034
County Los Angeles
Listing Agent Peter James DRE#01748556
Co-Listing Agent William James DRE#01734419
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
MLS 24389053
List Price $2,750,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,502
Year Built 1957
DOM 9

Exterior Information

Maps

Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of May 15th, 2024 at 5:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.