$3,600,000

Estimated payment $23,177/month

Total Views 1,259
-- Bed
-- Bath
7,380 Sq Ft
$488 Price per Sq Ft

Highlights

  • Furnished
  • Breakfast Area or Nook
  • Living Room
  • Venice High School Rated A
  • Bathtub with Shower
  • Laundry Room

About This Home

Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exceptional investment opportunity. 3743 Mclaughlin Ave is a 12-unit, 7380 square foot multifamily property zoned LAR3 and located near the border of Mar Vista and Culver City. Built in 1961, this classic building offers a favorable unit mix of four 0+1, four 1+1, three 2+1, one 2+1.5. Five of the units are fully furnished and operating on month-to-month leases and can be delivered vacant (one 0+1, two 1+1, two 2+1). ADU plans, which satisfy the retrofit requirement, and permits are included (owner spent $76.8K). These two new units (1+1 in the front, and 2+1 in the back) are projected to increase revenue by $56K per year and will satisfy the retrofit requirement. Permits have been filed but no work has commenced. Property is master metered for water, has 13 parking spaces and laundry room onsite with leased washer and dryer.

Listing Agent

Ivy Gherscovici

Everyday Real Estate, Inc. License #01329697 Listed on: 07/26/2025

Co-Listing Agent

Mike Brooks

Keller Williams Realty License #01830060

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 9,045 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7,380 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Carport
  • Leased Washer and Dryer

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4234-015-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 7380
  • Lot Acreage: 0.2076
  • Year Built: 1961
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls, Furnished
  • Number Carpet: 1
  • Number Dishwasher: 0
  • Number Disposal: 12
  • Number Drapes: 12
  • Number Range: 10
  • Number Refrigerator: 12
  • Appliances: Microwave, Gas/Electric Range, Oven-Gas, Range Hood
  • Bathroom Features: Shower Over Tub, Tile, Low Flow Toilet(s)
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Community, In Carport, Laundry Area
  • Laundry Equipment: Lease
  • Den: 0
  • Equipment: Ceiling Fan, Freezer, Garbage Disposal, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 487.80

Exterior Features

  • Other Structures: None
  • Foundation Details: Slab
  • Number Patio: 5
  • Pool: No
  • Roof: Composition
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 12
  • Covered Parking: 12
  • Parking Garage: Carport
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window, Ceiling Fan
  • Heating: Wall Gas
  • Number Electric Meters: 12
  • Number Gas Meters: 12
  • Number Water Meters: 1

Lot Info

  • Assessed Improvement Percent: 41.69
  • Assessed Improvement Value: 430952
  • Assessed Land Percent: 58.31
  • Assessed Land Value: 602732
  • Total Assessed Value: 1033684
  • Assessor Parcel Number: 4234-015-003
  • Lot Size Area: 9045

Rental Info

  • Number Leased: 11
  • Total Actual Rent: 304035.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 11.84
  • Number Of Units: 12
  • Number Wall A C: 3
  • Rent Control: 100
  • Total Annual Expense: 90845
  • Type Of Units: 3
  • Vacancy Allow Percent: 3.00
  • 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
07/26/2025 07/26/25 For Sale $3,600,000 -- $488 / Sq Ft
Source: The MLS

Similar Homes in the area

  • 12044 Washington Blvd, Los Angeles, CA 90066

    $3,200,000

    • 2 Beds
    • 1 Bath
    • 5,448 Sq Ft
    • 12044 Washington Blvd
    • Los Angeles, CA

    GREAT DEVELOPMENT OPPORTUNITY! Currently a 4-unit unused office building with proposed plans to reconvert it to its original configuration as 6 apartments. Proposed plans include 6 two bedroom apartments. Located directly across from a Kaiser medical facility, west of the 405 freeway, and close to Marina del Rey, the location is ideal. Take advantage of extensive upgrades which were done around

    Don Karasevicz Estate Properties

    Section Image
  • 3745 Jasmine Ave, Los Angeles, CA 90034

    $3,990,000

    • 1 Bed
    • 1 Bath
    • 9,169 Sq Ft
    • 3745 Jasmine Ave
    • Los Angeles, CA

    RARE PALMS OPPORTUNITY! 2 buildings (3741 & 3745 Jasmine) totaling 14 units on a large 15,000 lot. Conveniently positioned in one of the best Palms locations, just a short distance to METRO, shopping, restaurants and High Tech Corporate offices. Built in 1953, this property (zoned LAR3) has rent upside potential and is a prime redevelopment opportunity. All 1 bedroom 1 bath units (~650sqft) in a

    Kevin Sullivan Compass

    Section Image
  • 1537 Corinth Ave, Los Angeles, CA 90025

    $4,095,000

    • 3 Beds
    • 5 Baths
    • 8,596 Sq Ft
    • 1537 Corinth Ave
    • Los Angeles, CA

    The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. Built with beautiful European architecture this property presents an astute investor a reposition opportunity as there is approximately 10% upside in rents.

    Warren Berzack Warren Lee Berzack

    Section Image
  • 14 Ozone Ave, Venice, CA 90291

    $4,150,000

    • 3 Beds
    • 4 Baths
    • 4,693 Sq Ft
    • 14 Ozone Ave
    • Venice, CA

    $100K PRICE REDUCTION!14 Ozone Avenue is a 6-unit apartment community located 130+ feet from the Venice Boardwalk and beach. Residents enjoy the benefits of living in the heart of Venice as the property is in close proximity to Venice Boardwalk and Beach, Abbott Kinney, Santa Monica Pier and much more. 14 Ozone Avenue offers (1) Studio/One-Bathroom apartment, (1) One-Bedroom/One-Bathroom

    Brent Sprenkle NorthMarq Realty Services, Inc

    Section Image
  • 323 Culver Blvd, Los Angeles, CA 90293

    $3,500,000

    • 3 Beds
    • 6 Baths
    • 4,451 Sq Ft
    • 323 Culver Blvd
    • Los Angeles, CA

    Trophy Property! Zoned LAC4 which allows for limitless use & development potential. Just Remodeled, this amazing property consists of two buildings (Front and Rear). There are 6 Units total and all are separately metered. The front building is one level and has 2 Ground Floor commercial storefronts. The rear building is 2 levels and has 2 ground floor commercial units (each with full bath and

    Brett Zebrowski eXp Realty of California Inc

    Section Image
  • 6521 Pacific Ave, Playa Del Rey, CA 90293

    $3,265,000

    • 3 Beds
    • 4 Baths
    • 2,748 Sq Ft
    • 6521 Pacific Ave
    • Playa Del Rey, CA

    Remodeled & updated ocean view townhomes. 6521 Pacific (unit 1) is a 2 + 2.5 + large loft, over 1500 sq ft., private. direct entry, 2-car garage, private front yard, rooftop view deck, new appliances, hardwood floors, Quartz countertops, new paint and balconies and close to the lagoon, park, and downtown Playa Del Rey restaurants and shops. Built-in smart technology for home entertainment,

    Thomas Corte Matilla Realty Inc

    Section Image
  • 352 Hayworth Ave, West Hollywood, CA 90048

    $2,690,000

    • 2 Beds
    • 1 Bath
    • 5,070 Sq Ft
    • 352 Hayworth Ave
    • West Hollywood, CA

    *DEVELOPMENT OPPORTUNITY* We proudly present 352 N Hayworth Ave—a prime redevelopment opportunity located in the heart of Beverly Grove, 90048. The property currently features a vacant, fire-damaged 4-unit building totaling 5,070 square feet and is ready for demolition. Sitting on a 7,526 square foot LAR4-zoned lot, the site benefits from an SB-8 exemption, as it has remained unoccupied for over

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 941 S Gramercy Place, Los Angeles, CA 90019

    $2,999,999

    • 1 Bed
    • 1 Bath
    • 7,360 Sq Ft
    • 941 S Gramercy Place
    • Los Angeles, CA

    941 S GRAMERCY PL is a beautiful 12 unit residential income property located in Koreatown neighborhood of Los Angeles.The property features 12 spacious and beautiful 1 Bedroom 1 Bathroom units with 12 assigned parking.Centrally located and close to all amenities of the town this property has always been in high demand rental market. Current monthly gross rental income of $17,600 and $211,200

    Eduard Khachatryan Luxury Homes International

    Section Image
  • 3015 Shrine Place, Los Angeles, CA 90007

    $3,275,000

    • 3 Beds
    • 3 Baths
    • 1,988 Sq Ft
    • 3015 Shrine Place
    • Los Angeles, CA

    *This property is part of the USC Adjacent development Land Portfolio - May be purchased together or separately.* Exceptional development or value-add opportunity located at 3015 Shrine Place, just one block from USC and USC Village. This oversized 10,071 sq. ft. LAR3-zoned lot features two vacant buildings with three units on title, totaling approximately 1,988 sq. ft. of existing structure.

    Michael Fukushima Keller Williams Los Angeles

    Section Image

Source: The MLS

MLS Number: 25570241

The MLS