Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3670 Western Ave Los Angeles, CA 90018-3827
    Back to Search
    Property profile & analytics

    3670 Western Ave Los Angeles, CA 90018-3827

    View on Map
    • Investment properties
    • 520 SF
    • 0.02 lot acres
    Off-Market
    Last Sale Aug 14, 2024
    $340,000
    Property ID
    US09-7619741
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3670 Western Ave

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.02 lot acres
    Property size
    520 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5041-022-002
    APU
    5041022002

    Description

    This 520-square-foot retail property located at 3670 S Western Ave, Los Angeles, CA 90018, is offered at $389,000. Built in 1945, this single-story building sits on a 0.023-acre lot and is zoned LAC2. The property features a single tenancy with a current tenant in place, generating additional income from a sign pole. The land value is $767.31 per square foot. While currently configured as a one-bedroom house with an unpermitted second bedroom, the C2 zoning allows for commercial use, presenting significant redevelopment potential. The property's Spanish Colonial style and convenient location in Los Angeles County offer a compelling investment opportunity. The property's APN is 5041-022-002. Sewer access is available via the street. The property was listed as new on April 11, 2024. The sale type is standard.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.309
    Latitude
    34.0215
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,269
    $127,661
    $51,759
    $179,420
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,988 SF

      2319 Jefferson Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,988 SF
      2319 Jefferson Blvd, Los Angeles, CA 90018-3743
      View Details
    • Value Estimation
      $860,000
      4,005 SF

      2433 Jefferson Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,005 SF
      2433 Jefferson Blvd, Los Angeles, CA 90018-3702
      View Details
    • Value Estimation
      $1,045,000
      5,577 SF

      2116 Washington Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,577 SF
      2116 Washington Blvd, Los Angeles, CA 90018-1531
      View Details
    • Value Estimation
      $665,000
      3,410 SF

      3672 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,410 SF
      3672 Western Ave, Los Angeles, CA 90018-3827
      View Details
    • Value Estimation
      $600,000
      3,392 SF

      2815 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,392 SF
      2815 Western Ave, Los Angeles, CA 90018-3033
      View Details
    • Value Estimation
      $620,000
      2,800 SF

      3420 Washington Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,800 SF
      3420 Washington Blvd, Los Angeles, CA 90018-1252
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      West Adams Multifamily Investment Opportunity

      Five-unit apartment building in West Adams with strong cash flow.
      2634 Dalton Ave, Los Angeles, CA 90018
      View Details
    • $1,550,000
      3,392 SF

      Mixed-Use Investment in Los Angeles

      Mixed-use property in a rapidly developing Los Angeles corridor.
      2815 S Western Ave, Los Angeles, CA 90018
      View Details
    • $1,550,000
      3,392 SF

      Mixed-Use Investment Opportunity, Los Angeles

      Mixed-use property in rapidly developing Los Angeles corridor.
      2815 S Western Ave, Los Angeles, CA 90018
      View Details
    • New
      $1,195,000
      5,264 SF

      Mixed-Use Building on Jefferson Boulevard

      Two-story mixed-use building with retail and residential units.
      2216 W Jefferson Blvd, Los Angeles, CA 90018
      View Details
    • $829,000
      2,714 SF

      Los Angeles Duplex Near USC

      Investment opportunity near USC, Downtown LA, SOFI Complex and LAX.
      1729 W 35Th St, Los Angeles, CA 90018
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Retail Space in New Development

      Retail space for lease in new mixed-use development.
      3300 W Washington Blvd, Los Angeles, CA 90018
      View Details
    • Contact for pricing
      2,800 SF

      Industrial Creative Suite For Rent

      Multi-tenant building with high-clear industrial creative suite available for rent.
      3645 10Th Ave, Los Angeles, CA 90018
      View Details
    • $5,250 /Mo

      Main Street Retail Opportunity

      Prime storefront on Main Street, ideal for various businesses.
      3839 W Washington Blvd, Los Angeles, CA 90018
      View Details
    • $3 SF/Yr

      Exposition Boulevard Standalone Office Building

      Office building with high-end finishes, garden, and ample parking.
      2611 Exposition Blvd, Los Angeles, CA 90018
      View Details
    • Contact for pricing
      8,700 SF

      West Adams Creative Office Space

      Creative office space with fenced parking in West Adams.
      1909 W Adams Blvd, Los Angeles, CA 90018
      View Details
    • Contact for pricing

      Industrial Property 100% Leased

      Industrial property, currently 100% leased, no availability.
      3641 10Th Ave, Los Angeles, CA 90018
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3670 Western Ave
    Los Angeles, CA 90018-3827
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3670 Western Ave, Los Angeles, CA, 90018
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!