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3759 Midvale Ave

Los Angeles, CA 90034
  • $2,975,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 23-229257
UPDATED: 82 min ago
$2,975,000
  • 2
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 936
    SQFT
  • $3,178
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:

School Ratings & Info

Description

This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot located at 10875 Venice Boulevard. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for 3759 Midvale ave. is $2,545, the 4 apartments are projected at $6,590 total per month, the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-06T14:43:10.187. 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.kaufman-propertiesla.com/homes/135751257
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3759 Midvale Ave Los Angeles, CA 90034

  • Price: $2,975,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 82 min ago
  • ID#: 23-229257
2
Beds
2
Baths
0
½ Baths
0.05
Acres
936
SQFT
$3,178
$/SQFT
1924
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot located at 10875 Venice Boulevard. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for 3759 Midvale ave. is $2,545, the 4 apartments are projected at $6,590 total per month, the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.
Exterior Features

Building Type Detached Lot Size Area 2255 Other Structures Other Parking Garage Gated Pool Description None Pool YN No Spa None Spa YN No Style Unknown Total Parking 1 View Description None View YN No

Interior Features

Baths Total 2.00 Common Walls Detached/No Common Walls Cooling Other Den No Dining Room No Equipment Other Family Room No Fireplace Rooms Living Room Flooring Other Furnished Unfurnished Heating Other Laundry Other One Quarter Baths 0 Rooms Master BedroomLiving Room

Property Features

Hoa Yn No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Gary Fox DRE#00847295 of Miller & Desatnik Realty Co.: 310-202-9166.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-06T14:43:10.187. 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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Michael Kaufman Real Estate
5800 Hannum Avenue, Suite E
Culver City CA, 90230