2 months on rocket

3720 Midvale Ave, Los Angeles, CA, 90034

$3,050,000

13 Bedrooms
9 Baths
7,229 SqFt
$422/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCovered
Year Built1964
MLS #24429437
Lot Size0.18 Acres
StatusActive

About 3720 Midvale Ave

Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 3720 Midvale Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located West of Overland Avenue & South of Palms Boulevard, ideally located a few blocks away from the I-10 Freeway and half a block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3720 Midvale Avenue provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,991 square foot lot, the property is comprised of five one-bedroom units and four two-bedroom townhome units. Current ownership has extensively renovated the property including a new roof & select units have been upgraded with new water heaters, new electrical systems, luxury flooring, stainless steel appliances, large private patios, in-unit washer/dryers, & more. Townhome units feature private yards that attract more demand and garner higher rents. 3720 Midvale Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles.* Please refer to the Unit Configuration Summary on page 15 of the Offering Memorandum for further details.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 7,229 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 13

Exterior Features

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Other

Directions Information:

  • Directions: West of Westwood Boulevard & North of Venice Boulevard

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,050,000
  • Price Per SqFt: $422/SqFt

Tax Information:

  • Annual Amount: $28,133
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3720 Midvale Ave vs Los Angeles

89 DAYS ON ROCKET

+51 Days

$3,050,000

+$2.0M More

$422/SqFt

-$219 Less

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $219/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24429437

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2020Home Sold
$2,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,133$2,300,000
2020$4,056$256,189
2019$3,928$251,167
2018$3,818$246,244
2017$3,818$241,417

History based on county public records data.

Payment Calculator

$15.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,211

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-429499
5
/10
  • La Ballona Elementary School

  • 10915 Washington Blvd

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-429500
7
/10
  • Charnock Road Elementary

  • 11133 Charnock Rd

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-429501
4
/10
  • Palms Elementary

  • 3520 Motor Ave

  • 0.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,030. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3720 Midvale Ave

What is the listing price of this property?

The listing price of 3720 Midvale Ave property is $3,050,000.

What type of property is this?

The property 3720 Midvale Ave is a house located in Los Angeles, California, 90034.

Is this property for sale now?

Active Listing: 3720 Midvale Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,133 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 28, 2020 for $2,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3720 Midvale Ave has 13 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 3720 Midvale Ave is 7,229 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3720 Midvale Ave is 1964.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900343720 Midvale Ave

This home is located at 3720 Midvale Ave in Los Angeles, CA and zip code 90034 in the Palms neighborhood. This 7,229 square foot home, which was built in 1964, sits on a 0.18 acre lot. Features: 13 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $3,050,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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