3737 Vinton Ave, Los Angeles, CA 90034
Los Angeles, CA$3,150,000
Property Description
INVESTMENT HIGHLIGHTS
- Excellent Palms Location Steps to Culver City, Surrounded by Major Tech Companies
- Delivered with 2 Vacant Units at the Close of Escrow
- Very Well Maintained Building With Gated Entry and Security System in Place
- Excellent Unit mix consisting of (4) 2 Bed/2 Bath and (4) 1 Bed/1 Bath units
- Copper Plumbing throughout Building, Newer Roof, Soft Story Retrofit Completed
- Ample parking for Tenants
Property Features
- Sale Price: $3,150,000
- Area Size: 6,347 Sq. Ft.
- Land Area: 6,722 Sq. Ft.
- Year Built: 1961
- Listing Date: 8/16/2022
- Closing Date: 9/30/2022
- Units: 8
- Current GRM: 16.46
- Current Cap Rate: 4.10%
- Price Per Unit: $393,750
- Market GRM: 13.27
- Market Cap Rate: 5.37%
- Current NOI: $129,194
