Active
3729 Glendon AVE Unit: 1
LOS ANGELES CA, 90034
$2,195,000
$420.18 per sqft
Active
11 Beds
7 Baths
5,224 sqft
Multi-family
Built in 1965
VACANT 3-bed with private patio! First time on the market since 1984, 3729 Glendon Avenue is one of the largest 4-unit apartment buildings located in the highly desirable Palms neighborhood of West LA. This impressive 5,224 sqft building is offered at only $420/sqft and consists of four spacious units: (3) 3Bed+2Bath and (1) 2Bed+1Bath. The upstairs, 3-bed "Owner's Unit" boasts a larger floorplan, an additional office/4th bedroom, a fireplace, and a front deck. Select units benefit from private decks, dishwashers, walk-in showers, and wall ACs, while Unit 2 has exclusive access to a sizeable 15' x 35' outdoor patio. Additional features include an on-site laundry room, (4) tandem parking spaces, gated entry, separate meters for gas and electric, and soft-story retrofit was completed in 2021. 3729 Glendon Avenue currently collects ~$12,500/month and ~$150,000/year with approximately 24% in rental upside via interior/exterior renovations. Once rented at market, the property will operate at a 6.21% CAP and 11.77 GRM. Whether you are a long-term investor or an owner-user looking to take advantage of residential financing, this high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Silicon Beach, Culver City, Santa Monica, Beverly Hills, and Downtown LA.
SB25004314MR
MLSⓇ ID
January 7, 2025
Listed
January 14, 2025
Updated
Map
3729 Glendon AVE Unit: 1
LOS ANGELES CA, 90034
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
7
Laundry Description
Laundry Area
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Palms - Mar Vista
Days on Market
1
Garage
No
Parking
Carport
Parking Total
8
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Robert Sillman with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 3109085092
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Fitzgerald Walker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025