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$1,500,000   Price Analysis
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3741 S Bentley Ave
Los Angeles, CA 90034
8 bed 6 bath 4,194 SqFt ($357/SqFt)
7,559SqFt lot. Built 1963
Listed 2024-04-30, Taxes $14,632
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

3741 S Bentley Ave is an excellent opportunity to own six units offered at $250k/unit in the desirable West LA neighborhood of Palms.

There is still over 60% upside available in monthly rental income. Whether you are long term or a value-add investor, the subject property is the perfect asset to help achieve your investment goals. 3741 S Bentley Ave features a unit mix of (3) 2-Bed/1- Bath, (2) 1-Bed/1-Bath and (1) Studio/1-Bath units. Once all units are renovated and rented for market, the property will operate at a 11.13% CAP and 6.62 GRM. Beneficial to the new owner, retrofit work has been completed!

This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being stps from Downtown Culver City, an area boasting many extraordinary restaurants, shopping and entertainment. 3741 S Bentley Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.


Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24076790 from CRMLS

Bedrooms: 8

Laundry Features: Community

Full Bathrooms: 6

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1735308
Lot Size Source: Assessor
Lot Size Square Feet: 7559

Parking Total: 6

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1

Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: C13 - Palms - Mar Vista
Source Neighborhood: C13 - Palms - Mar Vista
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 4252007022
Postal Code Plus 4: 6927
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$197,020 + $985,134
$1,182,154
$14,632
2021$193,157 + $965,818
$1,158,975
$14,502
2020$191,177 + $955,915
$1,147,092
$14,596
2019$187,429 + $937,172
$1,124,601
$14,035
2018$183,754 + $918,797
$1,102,551
$13,880
2017$180,151 + $900,782
$1,080,933
$13,543
2016$176,619 + $883,120
$1,059,739
$13,240
2015$173,967 + $869,855
$1,043,822
$13,052
2014$170,560 + $852,816
$1,023,376
$13,114
2013$169,790 + $848,962
$1,018,752
$13,098
2012$166,461 + $832,316
$998,777
$13,271
2010$163,198 + $815,997
$979,195
$12,704
2009$162,364 + $811,824
$974,188
$12,239
2009$161,979 + $809,899
$971,878
$12,239
2008$159,181 + $795,906
$955,087
$11,713
2007$156,060 + $780,300
$936,360
$11,333

Listed 2024-04-30
$1,500,000
CRMLS
Sold 2023-01-27
$1,400,000
CRMLS
Sold 2003-09-30
$605,000
Public Record
Sold 1979-09-21
$224,000
Public Record

Net Operating Income: 62147.00

Total Square Feet Living: 4194
Year Built: 1963
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Charnock Road Elementary School is a public elementary school located approximately 0.3 miles away.
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Palms Middle School is a public middle school located approximately 0.6 miles away.
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Venice Senior High School is a public high school located approximately 1.9 miles away.
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Windward School is a private middle and high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.