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3705 Greenfield Avenue

Los Angeles (City), CA 90034
  • $1,950,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 21107145
New On Site 3 Days Ago
UPDATED: 25 min ago
$1,950,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing provided courtesy of Kevin Kawaoka of Nai Capital, Inc.

Description

Greenfield Court is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This corner lot, two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. No soft-story retrofit is required and all tenants are paying with no deferred rent. Currently, rents are below market and 2 of the units have been completely renovated. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and minor interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123477487
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3705 Greenfield Avenue Los Angeles (City), CA 90034

  • Price: $1,950,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 25 min ago
  • ID#: 21107145
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1965
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
Greenfield Court is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This corner lot, two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. No soft-story retrofit is required and all tenants are paying with no deferred rent. Currently, rents are below market and 2 of the units have been completely renovated. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and minor interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.
Exterior Features

Carport YN Yes Parking Features Converted GarageCarportDriveway Parking Total 6

Interior Features

Appliances DishwasherDisposalRefrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 118764 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 76160 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Kevin Kawaoka of Nai Capital, Inc.