$3,550,000
PENDING

Estimated payment $22,856/month

Total Views 1,985
15 Beds
15 Baths
7,414 Sq Ft
$479 Price per Sq Ft

About This Home

THREE units delivered VACANT - 3651 McLaughlin Ave presents a rare opportunity to acquire a ten-unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City. Situated in one of the most sought-after rental markets, the property benefits from its proximity to a diverse array of shopping, dining, and entertainment options. Positioned on a 7,388 SF lot, the building offers 7,414 SF of rentable space, consisting of five (5) two-bedroom, one-and-a-half-bath units and five (5) one-bedroom, one-bath units. This rarely traded asset provides investors with significant value-add potential, featuring over 20% rental upside and ADU development opportunities in the existing tuck-under parking. This offering represents a compelling investment for a savvy investor seeking to capitalize on the strong demand and future growth of one of Los Angeles' premier rental markets.

Listing Agent

Nathan Shaolian

Kidder Mathews of California, Inc. License #02074836 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Home Design

  • Split Level Home

Interior Spaces

  • 7,414 Sq Ft Home
  • 2-Story Property
  • Dryer

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Uncovered Parking

Additional Features

  • 7,390 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4234-014-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Living Area: 7414
  • Lot Acreage: 0.1697
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 15.00
  • Equipment: Dryer
  • Price Per S Q F T: 478.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered, Driveway
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Percent: 31.03
  • Assessed Improvement Value: 973475
  • Assessed Land Percent: 68.97
  • Assessed Land Value: 2163285
  • Total Assessed Value: 3136760
  • Assessor Parcel Number: 4234-014-025
  • Lot Size Area: 7390

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 12.66
  • Number Of Units: 10
  • Total Annual Expense: 86263
  • Type Of Units: Multi-Family
  • Vacancy Rate: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $3,550,000 +36.0% $479 / Sq Ft
07/30/2013 07/30/13 Sold $2,610,000 -3.0% $352 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $2,690,000 -- $363 / Sq Ft
Source: The MLS

Similar Homes in the area

  • 3720 Midvale Ave, Los Angeles, CA 90034

    $2,840,000

    • 13 Beds
    • 9 Baths
    • 7,229 Sq Ft
    • 3720 Midvale Ave
    • Los Angeles, CA

    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

    Sean Rosenzweig Marcus & Millichap

    Section Image
  • 3610 Westwood Blvd, Los Angeles, CA 90034

    $2,995,000

    • 13 Beds
    • 14 Baths
    • 6,270 Sq Ft
    • 3610 Westwood Blvd
    • Los Angeles, CA

    10 units in a great location in Palms, adjacent to Culver City, Mar Vista, and Venice Beach. Excellent unit mix of (1) 3 bed + 3 bath, (2) 2 bed + 2 bath, (3) 1 bed + 1 bath, and (4) studios. Value-add opportunity with upside in rents. Select units have been renovated. Walking distance to several shops and restaurants. The Westwood Apartments are centrally located to major tech and entertainment

    Dominick Faraone Miller & Desatnik Realty Co.

    Section Image
  • 3321 Keystone Ave, Los Angeles, CA 90034

    $3,295,000

    • 14 Beds
    • 15 Baths
    • 7,850 Sq Ft
    • 3321 Keystone Ave
    • Los Angeles, CA

    3321 Keystone Ave is a 9 unit multifamily trophy building located in a highly sought after area close to Century City, Culver City, fabulous Rancho park golf course and Cheviot Hills Recreation Center. This non-rent controlled 9 unit building was built in 1988 and offers an ideal unit mix consisting of both one and two bedroom spacious apartment residences. Amenities include 15 gated

    Larry Gillis Nourmand & Associates-BW

    Section Image
  • 656 Indiana Ave, Venice, CA 90291

    $2,777,000

    • 14 Beds
    • 6 Baths
    • 4,528 Sq Ft
    • 656 Indiana Ave
    • Venice, CA

    Situated just blocks from world-famous Abbot Kinney, this 6-unit property is a rare find in one of Los Angeles' most sought-after neighborhoods. The current owners have thoughtfully maintained and upgraded the building over their 10-year tenure, including new exterior paint and facade work, plumbing enhancements, and a new roof installed less than 10 years ago. Three of the six units, located on

    Peter Jumrukovski Real Broker

    Section Image
  • 1703 Stoner Ave, Los Angeles, CA 90025

    $2,995,000

    • 13 Beds
    • 14 Baths
    • 9,056 Sq Ft
    • 1703 Stoner Ave
    • Los Angeles, CA

    Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story

    Armin Soleimani Global Platinum Properties, Inc.

    Section Image
  • 1288 Barry Ave, Los Angeles, CA 90025

    $3,495,000

    • 17 Beds
    • 13 Baths
    • 6,787 Sq Ft
    • 1288 Barry Ave
    • Los Angeles, CA

    **Refreshed and Reduced (again)** Six VERY large units, with great opportunity for appreciation and rent increases. 1288 Barry Avenue has 2, 4 bedroom 3 bath apartments, 3, 3 bedroom 2 bathroom apartments and 1 bachelor. It is a very clean, professionally managed building with its soft story retrofit completed (buyer to verify) and on site laundry. Assumable financing is available, please feel

    Ian Petas Keller Williams South Bay

    Section Image
  • 1256 S Westgate Ave, Los Angeles, CA 90025

    $2,850,000

    • 13 Beds
    • 11 Baths
    • 7,391 Sq Ft
    • 1256 S Westgate Ave
    • Los Angeles, CA

    PRICE ADJUSTMENT!! We are pleased to present 1256 S. Westgate Ave in a prime West Los Angeles submarket just a block south of Wilshire Blvd and adjacent to Brentwood, another premier rental pocket of LA's westside. The subject property is a 10 unit apartment building built in 1960. The building boasts an excellent unit mix including (7) 1 bed / 1 bath and (3) 2 bed / 1 bath units spread out over

    Peter James Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 1236 Mcclellan Dr, Los Angeles, CA 90025

    $3,250,000

    • 13 Beds
    • 12 Baths
    • 7,527 Sq Ft
    • 1236 Mcclellan Dr
    • Los Angeles, CA

    Well maintained 9-unit apartment building in a Prime West LA location on the border of Santa Monica and right next to Brentwood. Extremely strong rental demand area with ideal income producing unit mix including (5) 2-bedroom units, (3) 1-bedroom units, and (1) studio unit. Building has undergone seismic retrofitting. Recently passed insurance inspections and units have new subpanels. Most units

    Daniel Glaser Glaser Property Management Inc.

    Section Image
  • 5836 Ernest Ave, Los Angeles, CA 90034

    $3,400,000

    • 15 Beds
    • 12 Baths
    • 5,366 Sq Ft
    • 5836 Ernest Ave
    • Los Angeles, CA

    Brand new 2024 construction 4-unit building in the desirable West Adams/Baldwin Hills area, just minutes from Culver City! This stunning multi-family property features three 4-bedroom, 3-bath units and one 3-bedroom, 3-bath unit, with a total living area of 5,366 sq ft on a 5,002 sq ft lot. Each unit is beautifully finished with shaker-style kitchens, laminate wood flooring, central A/C, private

    Oscar Morales OPTION ONE REALTY & INVESTMENT

    Section Image

Source: The MLS

MLS Number: 25522613

The MLS