We are pleased to present a rare six-unit investment opportunity at 3970 Moore Street, located in the desirable Mar Vista neighborhood on the westside of Los Angeles. This well-maintained property, built in 1986, features a unique unit mix of all one-bedroom apartments, with five units boasting lofted bedrooms and high ceilings in the living room. The property includes 10 parking spaces and is separately metered for gas and electricity, along with a community laundry room. Not subject to Los Angeles city rent control, this asset provides considerable upside potential with over 25% achievable rent growth as units turn. There is significant value-add potential through interior upgrades, such as vinyl plank flooring, modern fixtures, remodeled kitchens and bathrooms, in-unit washers and dryers, and new cabinetry. Located in a prime area with easy access to retail along Washington Boulevard, this property is ideal for professionals commuting to Playa Vista, El Segundo, Santa Monica, and Culver City. The westside submarket has a consistent track record of rent growth and property appreciation, making this a highly attractive investment for those looking to acquire a non-RSO asset in a dynamic and thriving area. This is the first time this property has been marketed for sale since its construction, offering a unique opportunity for investors.
Property Details
Property Features
Property Information:
Year Built: 1986
Stories: 0
Living Area: 3,380 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: North on Moore St from Washington Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $2,350,000
Price Per SqFt: $695/SqFt
Tax Information:
Annual Amount: $12,019
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.3M more than the Median Sold Price and $55/SqFt more 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: #24457665
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
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: 12/18/2024, 7:20:58 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
YEAR
PROP. TAX
ASSESSMENT
2021
$12,019
$946,933
2020
$11,676
$937,225
2019
$11,571
$918,849
2018
$11,289
$900,833
2017
$11,289
$883,170
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Beethoven Street Elementary School
3711 Beethoven St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
7
/10
Short Avenue Elementary
12814 Maxella Ave
Distance between this listing and this school0.50 miles
Public District Grades KG-6
5
/10
Grand View Boulevard Elementary School
3951 Grand View Blvd
Distance between this listing and this school0.60 miles
Public District Grades KG-5
Nearby Schools
5
/10
Mark Twain Middle School
2224 Walgrove Ave
Distance between this listing and this school0.63 miles
Public District Grades 6-8
7
/10
Ocean Charter
12606 Culver Blvd
Distance between this listing and this school1.04 miles
Public Charter Grades KG-8
7
/10
Icef Vista Middle Academy
4471 Inglewood Blvd
Distance between this listing and this school1.09 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Phoenix Continuation
12971 Zanja St
Distance between this listing and this school0.19 miles
Public District Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school0.37 miles
Public District Grades 9-12
6
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $52,529. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3970 Moore St
What is the listing price of this property?
The listing price of 3970 Moore St property is $2,350,000.
What type of property is this?
The property 3970 Moore St is a house located in Los Angeles, California, 90066.
Is this property for sale now?
Active Listing: 3970 Moore St 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 $12,019 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3970 Moore St has 6 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 3970 Moore St is 3,380 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3970 Moore St is 1986.
This home is located at 3970 Moore St in Los Angeles, CA and zip code 90066 in the The Westside neighborhood. This 3,380 square foot home, which was built in 1986, sits on a 0.14 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $2,350,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.