NOT LISTED FOR SALE

3613 Veteran Ave Los Angeles, CA 90034

Palms Neighborhood

Estimated Value: $1,434,000 - $2,443,000

8 Beds
6 Baths
3,641 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $2,040,000 $560 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,542/month

119 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Tandem Parking
  • Forced Air Heating System
  • Venice High School Rated A
  • Detached Carport Space

About This Home

As of February 2023

Pride of ownership is the best way to describe this wonderful updated 3 unit building in prime Palms, minutes to restaurants, theaters and bars in Culver City. Also close to Trader Joe's, Overland Cafe and Cuban Market. Unit #1 is exceptionally large with 3 bedrooms and 2 nice baths. All three units have great closet space! This is perfect for an owner-user. Everything upgraded with granite, wood flooring and appliances. There is upside in all three rents and laundry brings in around $11,000 annually. Owned by the same family since the early '70's and lovingly maintained. This is a great 1031 exchange opportunity with so much more rental income and potential than a single family home.

Last Agent to Sell the Property

Ron Wynn

Compass License #00420587 Listed on: 10/20/2022

Compass

Last Buyer's Agent

Sarah Edelman

Keller Williams Los Angeles License #01999746

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,376

Year Built

  • Built in 1967

Lot Details

  • 4,658 Sq Ft Lot

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,641 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space
  • Tandem Parking

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4252-018-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,376

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 3641
  • Lot Acreage: 0.1069
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 547.93

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Carport Detached, Tandem
  • Total Parking: 6

Utilities

  • Heating: Forced Air, Wall Gas

Lot Info

  • Assessed Improvement Percent: 70.85
  • Assessed Improvement Value: 149424
  • Assessed Land Percent: 29.15
  • Assessed Land Value: 61481
  • Total Assessed Value: 210905
  • Assessor Parcel Number: 4252-018-003
  • Lot Size Area: 4658

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 3
  • Total Annual Expense: 31397
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Feb 15, 2023
Sold by
Paez Freeman Linda
Bought by
Ee And Ge Properties Llc
Seller's Agent
Ron Wynn
Compass
Buyer's Agent
Sarah Edelman
Keller Williams Los Angeles
List Price
$1,995,000
Sold Price
$2,040,000
Premium/Discount to List
$45,000
2.26%
Views
26
Current Estimated Value
$2,097,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,292
Avg. Annual Appreciation
2.01%
Original Mortgage
$800,000
Outstanding Balance
$776,645
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Estimated Equity
$1,367,518
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ee And Ge Properties Llc $2,040,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ee And Ge Properties Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $2,040,000 +2.3% $560 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
10/20/2022 10/20/22 For Sale $1,995,000 -- $548 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,376 $2,122,416 $1,274,490 $847,926
2024 $25,376 $2,080,800 $1,249,500 $831,300
2023 $2,997 $215,122 $62,710 $152,412
2022 $2,872 $210,905 $61,481 $149,424
2021 $2,813 $206,771 $60,276 $146,495
2019 $2,735 $200,639 $58,489 $142,150
2018 $2,678 $196,706 $57,343 $139,363
2016 $2,524 $189,069 $55,117 $133,952
2015 $2,491 $186,230 $54,290 $131,940
2014 $2,520 $182,583 $53,227 $129,356
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ron Wynn

    Compass

    (310) 395-7090

    10 in this area

    192 Total Sales

    Ron Wynn
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Edelman

    Keller Williams Los Angeles

    (310) 826-8200

    2 in this area

    8 Total Sales

    Sarah Edelman
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Edelman Bedil

    Douglas Elliman of California, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 22-210420

The MLS

APN: 4252-018-003

California Los Angeles County Los Angeles 90034 Palms

3613 Veteran Ave, Los Angeles, CA

This home is located at 3613 Veteran Ave, Los Angeles, CA 90034 since 20 October 2022 and is currently estimated at $2,097,292, approximately $576 per square foot. This property was built in 1967. 3613 Veteran Ave is a home located in Los Angeles County with nearby schools including Charnock Road Elementary School, Palms Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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