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13 photos
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$3,050,000
Est. payment /mo
13 Beds
9 Baths
7,229 SqFt
UPDATED:
12/19/2024 05:48 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,229 sqft
Price per Sqft $421
MLS Listing ID 24429437
Bedrooms 13
HOA Y/N No
Year Built 1964
Lot Size 7,988 Sqft
Property Description
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to offer for sale 3720 Midvale Avenue, a nine-unit apartment community in Palms, an affluent residential neighborhood bordering Culver City. The subject property is located West of Overland Avenue & South of Palms Boulevard, ideally located a few blocks away from the I-10 Freeway and half a block North of Venice Boulevard allowing tenants convenient access throughout Los Angeles. Nestled between Beverly Hills, Century City, Marina Del Rey, Santa Monica and Venice, 3720 Midvale Avenue provides residents with easy access to major thoroughfares and the charm of Palms' vibrant neighborhood. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and strong employment opportunities as many of the largest tech companies including Google, Apple, Tesla and Amazon have leased space nearby. Situated on a 7,991 square foot lot, the property is comprised of five one-bedroom units and four two-bedroom townhome units. Current ownership has extensively renovated the property including a new roof & select units have been upgraded with new water heaters, new electrical systems, luxury flooring, stainless steel appliances, large private patios, in-unit washer/dryers, & more. Townhome units feature private yards that attract more demand and garner higher rents. 3720 Midvale Avenue provides investors with a rare opportunity to acquire a well-maintained asset with remaining value-add components in a desirable pocket of West Los Angeles.* Please refer to the Unit Configuration Summary on page 15 of the Offering Memorandum for further details.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4252026004
Special Listing Condition Standard
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Listed by Sean Rosenzweig • Marcus & Millichap