$3,260,000
SOLD SEP 9, 2025
15 Beds
15 Baths
7,414 Sq Ft
7,390 Sq Ft Lot

Sale Details

Date Sold: September 9, 2025

$440 Per Sq Ft

8% Below List Price

98 Days on Market

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Nathan Shaolian

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

Last Buyer's Agent

Adrienne Barr

Berkadia License #01308753

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,390 Sq Ft Lot

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

Utilities

  • Air Conditioning
  • 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

7,390 Sq Ft Lot

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
  • 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
  • Type Of Units: Multi-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Jul 14, 2025
Sold by
Bought by
Seller's Agent
Nathan Shaolian
Kidder Mathews of California, Inc.
Buyer's Agent
Adrienne Barr
Berkadia
List Price
$3,550,000
Sold Price
$3,260,000
Premium/Discount to List
-$290,000
-8.17%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jul 12, 2013
Sold by
Bought by
Seller's Agent
Dawn Havel
Dawn Havel
Buyer's Agent
Michael Irvine
Compass
List Price
$2,690,000
Sold Price
$2,610,000
Premium/Discount to List
-$80,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Closed on
Oct 4, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mar Vista, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,702,500 Ticor Title Company
Grant Deed $2,610,000 Stewart Title
Quit Claim Deed -- Chicago Title
Grant Deed $1,750,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,700,000 New Conventional
Previous Owner $1,700,000 Commercial
Previous Owner $1,305,000 Future Advance Clause Open End Mortgage
Previous Owner $1,100,000 Commercial
Previous Owner $1,025,000 Commercial
Previous Owner $825,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2025 09/09/25 Sold $3,260,000 -8.2% $440 / Sq Ft
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 View Prior Sale
06/15/2013 06/15/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $2,690,000 -- $363 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,409 $3,199,494 $2,206,550 $992,944
2024 $38,925 $3,136,760 $2,163,285 $973,475
2023 $38,182 $3,075,256 $2,120,868 $954,388
2022 $36,430 $3,014,958 $2,079,283 $935,675
2021 $35,969 $2,955,842 $2,038,513 $917,329
2019 $34,905 $2,868,621 $1,978,050 $890,571
2018 $34,742 $2,812,383 $1,939,265 $873,118
2016 $33,167 $2,702,744 $1,863,962 $838,782
2015 $32,688 $2,662,147 $1,835,964 $826,183
2014 $32,838 $2,610,000 $1,800,000 $810,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25522613

The MLS
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