$1,725,000
SOLD JUL 18, 2025
11 Beds
7 Baths
5,224 Sq Ft
5,606 Sq Ft Lot

Recently Sold

$330 Per Sq Ft

20% Below List Price

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Bike Trail
  • Venice High School Rated A

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Bobby Sillman

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 04/25/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763

Last Buyer's Agent

Bobby Sillman

Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 04/25/2025

Lyon Stahl Investment Real Estate, Inc.

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
  • Entry on the 1st floor

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

  • Tenant pays for electricity, gas
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,769

Year Built

Built in 1965

Lot Details

0

Listing Details

  • CapRate: 5.08
  • Price Per Unit: 498750
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4252029028
  • Year Built: 1965
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 330.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Tandem Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5606.00
  • Lot Size Acres: 0.1287

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 154110.00
  • Gross Multiplier: 14.03
  • Gross Scheduled Income: 154110.00
  • Lot Size Area: 5606.0000 Square Feet
  • Net Operating Income: 111123.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 38364.00
  • Rent Control: Yes
  • Total Actual Rent: 12767.50
  • Total Expenses: 38364.00

Tax Info

  • Tax Census Tract: 2718.03
  • Tax Lot: 43
  • Tax Tract Number: 7408
  • TaxOtherAnnualAssessmentAmount: 582.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
May 27, 2025
Sold by
Nancy Bonus Revocable Trust and Nancy Bonus And Richard Roodberg Family
Bought by
3729 Glendon Llc
Seller's Agent
Bobby Sillman
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Bobby Sillman
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,149,500
Sold Price
$1,725,000
Premium/Discount to List
-$424,500
-19.75%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.63%
Original Mortgage
$1,822,795
Interest Rate
6.85%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 9, 2013
Sold by
Bonus Nancy
Bought by
Bonus Nancy and Nancy Bonus Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Bonios Nancy Faye and Bonus Nancy
Bought by
Bonus Nancy and The Nancy Bonus Revocable Trust
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 Type Sale Price Title Company
Grant Deed $1,725,000 First American 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
Previous Owner $1,822,795 Construction
Previous Owner $257,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $1,725,000 -13.5% $330 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
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)

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 $2,769 $186,265 $59,547 $126,718
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

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25086925

California Regional Multiple Listing Service (CRMLS)

APN: 4252-029-028