$3,600,000

Estimated payment $22,480/month

Total Views 2,350
-- 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
  • 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
  • Appliances: Microwave, Gas/Electric Range, Oven-Gas, Range Hood
  • Bathroom Features: Shower Over Tub, Tile, Low Flow Toilet(s)
  • Laundry: Community, In Carport, Laundry Area
  • Laundry Equipment: Lease
  • 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
  • Type Of Units: 3
  • Vacancy Allow Percent: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2025 07/26/25 For Sale $3,600,000 -- $488 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25570241

The MLS