3741 S Bentley Avenue
Los Angeles, CA 90034
Map
- – beds
- – baths
- – sqft
- 7,559 sqft lot
- 1963 build
- – on site
More homes
Amazing opportunity to acquire well maintained six units in Palms / West Los Angeles/Culver City-adjacent area with significant upside, and one unit (two bedroom) open and available for market rents at close. Less than 3 miles to the Marina and less than 4 miles to the sand at Venice Beach, and easy to the remainder of Southern California via nearby 405 and 10 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. With long-term below-market rents and nearly 70% in upside to market potential, this property presents a tremendous opportunity to reposition the leases into an instant value-add; or to redevelop and reconfigure the footprint on the 7,588sf lot to maximize income potential as a new construction building, which would be exempt from rent control (Buyer to verify). Purchaser may also be able to construct additional units on the property as-is, with possibility to approach adjacent lots for assembly and increased potential, as well as keep current income in place to help with carrying costs during entitlement process.
Last checked:
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Last updated Apr 30, 2024
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MLS# SB22156851 —
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3802.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:6
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Laundry:Gas Dryer Hookup, Washer Hookup
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Laundry:1
Financial & Terms
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Disclosures:LA/Owner Related, Rent Control
Location
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Directions:Venice Blvd and Bentley Avenue
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Latitude:34.01468700
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Longitude:-118.41692800
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre, Lot 6500-9999, Rectangular Lot, Value In Land
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Lot Size Area:7559.0000
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Lot Size Acres:0.1735
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Lot Size SqFt:7559.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2718.01
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Tax Tract:1858
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Tax Lot:48
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4252007022
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/17/24
Jun 17, 2024
|
CRMLS_CA | $1,575,000 | 5.0% | |
|
4/30/24
Apr 30, 2024
|
CRMLS_CA | $1,500,000 | 7.1% (5.7% / YR) | |
|
1/27/23
Jan 27, 2023
|
Sold | CRMLS_CA | $1,400,000 | -12.5% |
