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3705 Greenfield Ave

Los Angeles, CA 90034
  • $1,950,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 21-107145
UPDATED: 37 min ago
$1,950,000
  • 10
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,080
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Greenfield Court is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This corner lot, two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. No soft-story retrofit is required and all tenants are paying with no deferred rent. Currently, rents are below market and 2 of the units have been completely renovated. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and minor interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T16:42:55.003. 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.
www.deserthouseseekers.com/homes/123476140
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3705 Greenfield Ave Los Angeles, CA 90034

  • Price: $1,950,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 37 min ago
  • MLS #: 21-107145
10
Beds
0
Baths
0
½ Baths
0.11
Acres
4,080
SQFT
$478
$/SQFT
1965
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
Greenfield Court is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This corner lot, two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. No soft-story retrofit is required and all tenants are paying with no deferred rent. Currently, rents are below market and 2 of the units have been completely renovated. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and minor interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.
Exterior Features

Lot Size Area 4935 Other Structures None Parking Garage DrivewayConverted GarageCarport Total Parking 6

Interior Features

Baths Total 7.00 Cooling None Equipment RefrigeratorRange/OvenDishwasherGarbage Disposal Heating Wall

Property Features

Assessed Total Value 944228 Gross Income 118764 Gross Operating Income 119666 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 76160.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 41113 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Kevin Kawaoka DRE#01733613 of Nai Capital, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T16:42:55.003. 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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