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3705 Military Avenue

Los Angeles (City), CA 90034
  • $2,350,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: SB22152905
$2,350,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

Original Owner- 1st time on the market since built!Oversized four-plex in one of the best pockets ofLos Angeles. 3705 Military Ave is in an A+ locationof Palms on a quiet residential street. This area notonly demands high rents, but has a 83 WalkScorebeing located a few blocks from Trader Joes, publicparks and public transportation; Just minutes fromLA's tech hub with Culver Studios, Culver Steps,Apple and Sony Studios.The property consists of (3) 3Bed/2Bathroom and(1) 1Bed/1Bath units, each with patios. All units arein great condition and located conveniently nearthe 405 and 10 freeways. Beneficial to the newowner, the soft story retrofit work has beencompleted. Great local schools include WindwardSchool, Charnock Road Elementary, Palms MiddleSchool and Clover Avenue Elementary School.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131026086
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3705 Military Avenue Los Angeles (City), CA 90034

  • Price: $2,350,000
  • Status: Active
  • On Site: 21 Days
  • ID#: SB22152905
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1964
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
Original Owner- 1st time on the market since built!Oversized four-plex in one of the best pockets ofLos Angeles. 3705 Military Ave is in an A+ locationof Palms on a quiet residential street. This area notonly demands high rents, but has a 83 WalkScorebeing located a few blocks from Trader Joes, publicparks and public transportation; Just minutes fromLA's tech hub with Culver Studios, Culver Steps,Apple and Sony Studios.The property consists of (3) 3Bed/2Bathroom and(1) 1Bed/1Bath units, each with patios. All units arein great condition and located conveniently nearthe 405 and 10 freeways. Beneficial to the newowner, the soft story retrofit work has beencompleted. Great local schools include WindwardSchool, Charnock Road Elementary, Palms MiddleSchool and Clover Avenue Elementary School.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.52 Common Interest Community Apartment Community Features BikingCurbsGolfHikingSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 124740 Gross Scheduled Income 124740 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 82831 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 38167 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)