UNDER CONTRACT
$155K PRICE DROP
3729 Glendon Ave Los Angeles, CA 90034
Palms NeighborhoodEstimated payment $11,344/month
Total Views
2,854
11
Beds
7
Baths
5,224
Sq Ft
$382
Price per Sq Ft
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Bike Trail
- Venice High School Rated A
About This Home
5.5%+ CAP RATE & ONE 3-BED UNIT CURRENTLY VACANT! First time on the market since 1984, 3729 Glendon Ave is a high-income 4-unit investment in Palms, adjacent to Mar Vista & Culver City. Spanning 5,224 sq. ft. at just $381/sq. ft., it features (3) 3Bed/2Bath and (1) 2Bed/1Bath units. Select units offer private decks, walk-in showers, dishwashers, and wall A/Cs—plus Unit 2 has exclusive access to a large 15' x 35' outdoor patio. With the vacant unit leased at market, the property collects over $150,000/year. Perks include on-site laundry, 4 tandem parking spots, gated entry, separate meters, and a 2021 soft-story retrofit. With one unit vacant, this is a rare opportunity for investors or owner-users in a central West LA location.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 04/25/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,769
Year Built
- Built in 1965
Lot Details
- 5,606 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
Interior Spaces
- 5,224 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Carport
- Parking Available
- Tandem Uncovered Parking
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 7408
- Assessor Parcel Number 4252029028
- $582 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $38,364
- Gross Income $154,110
- Net Operating Income $111,123
Additional Features
- 4 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,769 | $182,614 | $58,380 | $124,234 |
| 2023 | $2,729 | $179,035 | $57,236 | $121,799 |
| 2022 | $2,623 | $175,525 | $56,114 | $119,411 |
| 2021 | $2,557 | $172,084 | $55,014 | $117,070 |
| 2019 | $2,490 | $166,982 | $53,383 | $113,599 |
| 2018 | $2,415 | $163,709 | $52,337 | $111,372 |
| 2016 | $2,254 | $157,354 | $50,305 | $107,049 |
| 2015 | $2,226 | $154,992 | $49,550 | $105,442 |
| 2014 | $2,263 | $151,957 | $48,580 | $103,377 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Price Changed | $1,995,000 | -7.2% | $382 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $2,149,500 | -- | $411 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $257,000 | New Conventional |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25086925
APN: 4252-029-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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