3741 S Bentley Ave is an amazing opportunity to ownsix units offered at only $250k/unit in the desirableWest LA neighborhood of Palms. There is still over 60%upside available in monthly rental income. Whetheryou are long term or a value-add investor, the subjectproperty is the perfect asset to help achieve yourinvestment 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 beencompleted!This investment is in one of the most sought-afterneighborhoods on the Westside. This location is everyrenter's dream being only steps from DowntownCulver City, an area boasting many great restaurants,shopping and entertainment. 3741 S Bentley Ave is alsolocated near new tech companies such as Google,Meta, Snapchat, Hulu, Sony, HBO and Apple.
DAYS ON MARKET
|
21
|
LAST UPDATED
|
4/30/2024
|
YEAR BUILT
|
1963
|
COMMUNITY
|
Palms - Mar Vista
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Palms - Mar Vista |
BUYER'S BROKERAGE COMPENSATION |
2.500 % |
LOT |
7559 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
WATER |
Public |
ZONING |
LAR3 |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/21/24 6:18 AM PDT and /or other sources. 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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