Price Reduction
Address
3658 Midvale Avenue Los Angeles, CA
Price
$ 2,599,999
Property Attributes
  • MLS#21686868
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90034
  • Style
  • Price$ 2,599,999
  • Bedrooms14
  • Full Bathrooms9
  • Half Bathrooms0
  • Lot Size7,991 SqFt
Listing Provided Courtesy Of:
Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services.
Data Source:
CRMLS
Property Description

4.78% CAP rate on in Placed Rents & 13.83x GRM! 3658 Midvale Avenue is two-story apartment building located in the Palms neighborhood of LA, steps from Downtown Culver City. The property consists of an excellent unit mix of majority large 2-and 3-Bedroom units with 1 unit delivered vacant. The property is completely remodeled with new copper plumbing, new roof, resurfaced driveway, and interior units with new windows, flooring, kitchens, and bathrooms. The property consists of 10 parking spaces, and the seller has completed the Soft Story Retrofit. The building is separately metered for gas & electric, and offers tenants on-site laundry service. The property is steps from all the major shops, theaters, restaurants, and bars in Culver City. This is a great opportunity to own a high CAP rate investment in a prime westside neighborhood.

Price History
1/29/2021 Listed $2,675,000
3/17/2021 3% - $2,600,000
6/15/2021 1% - $2,599,999

General Features

Carport Y/N Yes
Cooling Wall/Window Unit(s)
Heating Wall Furnace
Listing Agent Kamfar Kyle Mirrafati - BRE#01911204
Listing Agent State License 01911204
MLS Area C13 - Palms - Mar Vista
Parking Features Carport
Property Type Residential Income
Special Listing Conditions Standard
Status Active
Total Actual Rent 186780
Total Units 7
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.18
Lot Size Area 7991
Lot Size Source Assessor
Lot Size Square Feet 7991
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90034

Price
AVG $2.13M
$2.6M
Visits
AVG 39
72
Year Built
AVG 1959
1958
Walkscore
AVG 84
82
Data Provided by Walkscore ® not using MLS data

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