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$ 2,150,000
Est. payment /mo
Active
3718 Vinton Avenue Los Angeles, CA 90034
6,516 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,516 sqft
Price per Sqft $329
MLS Listing ID CL26720881
HOA Y/N No
Year Built 1958
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Other
Property Description
*** Current income figures include a 3% rent increase to the six units that are due. Buyer may elect to increase these units following the close of escrow. Contact listing agent for details*** We are pleased to present 3718 Vinton Ave, Los Angeles, CA 90034, an exceptional 8-unit multifamily investment opportunity in the highly desirable Palms neighborhood on the Westside of Los Angeles. Situated in a vibrant, dense urban area known for its walkability, proximity to trendy Culver City, Sony Studios (now part of the thriving creative and tech ecosystem), coffee shops, restaurants, parks, and major employment hubs, this location benefits from strong rental demand driven by young professionals, families, and proximity to attractions like the Culver City Promenade. Palms offers a mix of apartment buildings and commercial ribbons, with excellent access to freeways, public transit, and nearby institutions such as West Los Angeles College. The broader Westside multifamily market continues to show resilience, with positive appreciation forecasts for 2026 in areas like Palms and adjacent Culver City, supported by limited inventory and ongoing buyer interest in value-add assets. Built in 1958, this 2-story building (approximately 6,500+ sq ft on a ~7,500 sq ft lot) has been owned by the same family for over 40 years and is now on the market for the first time in decades, presenting a rare chance to acquire a stabilized asset with tremendous upside potential. The unit mix includes one spacious 3 bed/2 bath, two 2 bed/1 bath, and five 1 bed/1 bath units, offering diversified rental appeal in a market where larger units command premium rents near employment centers. With several units below current market rates given the long-term ownership, this property represents an incredible value-add opportunity through turnover and cosmetic upgrades to capture higher market rents in this strong Westside submarket.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4314005017
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Listed by Jeffrey Louks • Marcus & Millichap