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$1,399,900   Price Analysis
Agent Details  share icon     map icon  QR
3848 Vinton Ave
Los Angeles, CA 90232
Unknown bed None bath 4,364 SqFt ($320/SqFt)
4,793SqFt lot. Built 1963
Listed 2023-10-03, Taxes $7,976
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

ATTENTION INVESTORS!!

* No Longer For Sale *
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Amazing opportunity to purchase this value add 4 unit building located in the Los Angeles city(but with a Culver City zip code) with tremendous upside potential! This building consists of 3(three) roomy 3 bedroom/2 bath units and 1(one) large 1 bedroom/1 bath unit. Some of the other amenities include a community laundry room as well as carport parking spaces.

Rents are well below market rates, which afford a purchaser plenty f room to add value with gradual rent increases(as allowed under LA City rent control laws) as well as the potential to renovate the units. Conveniently located moments from Sony Studios, tech and media companies, as well as all of the shopping, r estaurants and entertainment that Downtown Culver City has to offer!!!


Presented by Sherry La Maison at
RE/MAX Estate Properties.
Listing Agent Photo

Property MLS #SB23183843 from CRMLS

Laundry Features: Community

Heating Features: Wall Furnace
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1100321
Lot Size Source: Assessor
Lot Size Square Feet: 4793

Number of Units: 4

Rent Control: Yes

Community Features: Biking, Curbs, Sidewalks

Source Listing Status: Closed
County: Los Angeles
Source Property Type: Residential Income
Exclusions: Tenant's personal belongings/Washer and dryer in community laundry room are leased
Insurance Expense: 2350.00
Area: C28 - Culver City
Source Neighborhood: C28 - Culver City
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 4208004004
Postal Code Plus 4: 3140
Trash Expense: 3168.00
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$468,240 + $166,625
$634,865
$7,976
2021$459,059 + $163,358
$622,417
$7,855
2020$454,352 + $161,683
$616,035
$7,929
2019$445,444 + $158,513
$603,957
$7,628
2018$436,710 + $155,405
$592,115
$7,518
2017$428,148 + $152,358
$580,506
$7,362
2016$419,753 + $149,371
$569,124
$7,154
2015$413,448 + $147,128
$560,576
$7,053
2014$405,350 + $144,246
$549,596
$7,101
2013$403,519 + $143,595
$547,114
$7,095
2012$395,607 + $140,780
$536,387
$7,190
2010$387,850 + $138,020
$525,870
$7,059
2009$385,867 + $137,315
$523,182
$6,798
2009$384,952 + $136,989
$521,941
$6,798
2008$378,301 + $134,623
$512,924
$6,516
2007$370,884 + $131,984
$502,868
$6,291

Sold 2024-05-14
$1,200,000
CRMLS
Listed 2023-10-03
$1,399,900
CRMLS
Sold 1991-12-27
$381,000
Public Record

Net Operating Income: 35234.00

Total Square Feet Living: 4364
Year Built: 1963
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1st & 2nd floor
Property Age: 61
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 1020.00
Sewer: Water Sewer Expense: 3240.00

Palms Elementary School is a public elementary school located approximately 0.5 miles away.
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Palms Middle School is a public middle school located approximately 0.9 miles away.
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Alexander Hamilton Senior High School is a public high school located approximately 1.2 miles away.
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St. Augustine School (SAS) is a private elementary and middle school located approximately 0.1 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.