Listing Courtesy Of:
Marcus & Millichap, 310-909-5500, Sean Rosenzweig
Local Realty Services Provided By:
Keller Williams Realty Westside
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,840,000
3720 Midvale Ave, Los Angeles, CA 90034
13 Beds
9 Baths
7,229
sq ft
.18
ac
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$2,840,000
3720 Midvale Ave, Los Angeles, CA 90034
Estimation provided by Keller Williams Realty Inc.
13 Beds
9 Baths
7,229
sq ft
.18
ac
Active
For Sale
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.
Assessed Value is a combination of the land and additions.
2023
$29,864
(+4.79%)
$2,392,920
Land 1,872,720 +
Additions 520,200
2022
$28,500
(+1.3%)
$2,300,000
Land 1,800,000 +
Additions 500,000
2021
$28,133
(+593.47%)
$2,300,000
Land 1,800,000 +
Additions 500,000
2019
$4,057
(+605,398.51%)
$256,189
Land 61,171 +
Additions 195,018
2017
$0.67
$246,244
Land 57,645 +
Additions 183,772
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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