3 months on rocket

3729 Glendon Ave, Los Angeles, CA, 90034

$2,195,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
7 Full Baths
5,224 SqFt
$420/SqFt
Multi

Location

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3729 Glendon Ave, Los Angeles$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport, Tandem, Uncovered
Year Built1965
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewNone
MLS #SB24152465
Lot Size0.13 Acres
StatusActive

About 3729 Glendon Ave

3-Bed VACANT at the end of the month! 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 $425/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 6.13% CAP and 11.91 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.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 5,224 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Email: bobby@lyonstahl.com
  • Listing Agent: Robert Sillman

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Carport, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Off Venice Blvd at the intersection of Glendon Ave and McCune Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000
  • Price Per SqFt: $420/SqFt

Tax Information:

  • Annual Amount: $2,557
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3729 Glendon Ave vs Los Angeles

113 DAYS ON ROCKET

+75 Days

$2,195,000

+$1.1M More

$420/SqFt

-$221 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $221/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: #SB24152465

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Email: bobby@lyonstahl.com
  • Listing Agent: Robert Sillman

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, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,557$172,084
2020$2,489$170,320
2019$2,414$166,982
2018$2,372$163,709
2017$2,372$160,500

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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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-394448
5
/10

  • La Ballona Elementary School

  • 10915 Washington Blvd

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-394449
4
/10

  • Palms Elementary

  • 3520 Motor Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-394450
7
/10

  • Charnock Road Elementary

  • 11133 Charnock Rd

  • 0.58 miles

  • Public District Grades KG-5

All data from GreatSchools

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. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90034›3729 Glendon Ave

This home is located at 3729 Glendon Ave in Los Angeles, CA and zip code 90034 in the Palms neighborhood. This 5,224 square foot home, which was built in 1965, sits on a 0.13 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $2,195,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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