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6-Unit Apartment Building

3731 Glendon Avenue Los, Los Angeles, CA 90034

For Sale
$1,500,000

The building combines five one-bedroom apartments with a studio, and select units have received interior updates.

Property SizeContact for details
Days on Market249

Property Features for 3731 Glendon Avenue Los

General Information

Standard status Active
Property subtype Apartment

Financials

Cap Rate 6.82%
Gross Rent Multiplier 10.74

Site & Location

Neighborhood Palms

Units

Unit Mix 5 x 1-Bed/1-Bath, 1 x Studio/1-Bath
Multifamily Units 6

Additional Details

Tenant in Place Yes

Building Details

Year Built 1926
Stories 2
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Cameron Samimi · License CA #02035763
Source: Kw
Added: Mar 12 Changed: Nov 14 Last Checked: Nov 14 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate

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Investment Insights

Based on property information with market context.

Built in 1926, this six-unit apartment property has a mix of five one-bedroom, one-bath units and one studio with one bath. Improvements in select apartments include updated flooring, countertops, bathrooms, and fixtures. The lowest-paying tenant is expected to leave by year-end.

The property is on Glendon Avenue in Los Angeles, with Downtown Culver City described as a short walk away. Current performance figures provided are a 10.74 GRM and a 6.82% cap rate; projected figures are an 8.09 GRM and a 9.52% cap rate.

Key Highlights

  • Six apartments: five 1‑bedroom/1‑bath units and one studio/1‑bath unit
  • Built in 1926
  • Select units feature updated floors, countertops, bathrooms, and fixtures

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,756
Businesses Nearby

Demographics for 90034, CA

57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The building combines five one-bedroom apartments with a studio, and select units have received interior updates.
Where is this apartment building located?
The property is located at 3731 Glendon Avenue Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Six apartments: five 1‑bedroom/1‑bath units and one studio/1‑bath unit; Built in 1926; Select units feature updated floors, countertops, bathrooms, and fixtures
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