3729 Glendon Avenue
Los Angeles, CA 90034
- – beds
- – baths
- – sqft
- 5,606 sqft lot
- 1965 build
- – on site
VACANT 3-bed with private patio! 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 $420/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 ~$12,500/month and ~$150,000/year with approximately 24% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 6.21% CAP and 11.77 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.
Listed By CRMLS_CA / Robert Sillman / Lyon Stahl Investment Real Estate, Inc. / bobby@lyonstahl.com
Last checked:
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Last updated Jan 17, 2025
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MLS# SB25004314 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1965
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5224.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:1
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Common Area
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Laundry:1
Location
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Directions:Off Venice Blvd at the intersection of Glendon Ave and McCune Ave
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Latitude:34.01889500
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Longitude:-118.41010800
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre
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Lot Size Area:5606.0000
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Lot Size Acres:0.1287
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Lot Size SqFt:5606.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2718.03
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Tax Tract:7408
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Tax Lot:43
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4252029028
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Neighborhood:Palms
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Features:Biking, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Carport, Tandem Uncovered
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Parking Spaces:8.00
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Uncovered Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/7/25
Jan 7, 2025
|
Listed / Active | CRMLS_CA | $2,195,000 | |
11/11/24
Nov 11, 2024
|
Price Changed | CRMLS_CA | ||
9/30/24
Sep 30, 2024
|
Price Changed | CRMLS_CA |