3731 Glendon Avenue, Los Angeles, California 90034
- Residential Income Property Type
- 34 Days Time on market
- 1926 Year Built
12.56 GRM and 5.55% cap in Prime Palms! 3731 Glendon
Ave is an amazing opportunity to own six units offered at
only $275k/unit. Whether you are long term or a valueadd
investor, the subject property is the perfect assets to
help achieve your investment goals.
3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath
and (1) Studio/1-Bath units – (2) 1-Bed/1-Bath and (1)
Studio/1-Bath units are currently vacant. Beneficial to the
new owner, both vacant 1-Bedroom units are renovated,
including new floors, counter tops, bathrooms, fixtures,
etc. Once fully rented, the property will operate at a 9.06%
CAP and 8.46 GRM.
This investment is in one of the most sought-after
neighborhoods on the Westside. This location is every
renter’s dream being only steps from Downtown Culver
City, an area boasting many great restaurants, shopping
and entertainment. 3731 Glendon Ave is also located near
new tech companies such as Google, Meta, Snapchat,
Hulu, Sony, HBO and Apple.