tomo logo

$2,240,000

Beds
10
sq ft
4,248

3757 Veteran Ave, Los Angeles, CA 90034

3757 Veteran Ave

Los Angeles, CA 90034

  • 48 days on market
    • Price drop $50,000↓
We proudly present 3757 Veteran Ave. The property features 6 units in an excellent Palms location, just minutes from Downtown Culver City and close to major employers like Sony Studios, Apple, and Amazon Studios. Five of the units have been renovated with condo-quality finishes, including quartz countertops, new flooring, modern lighting, retiled bathrooms, and stainless steel appliances. With a nearly 6% rate of return from day one, the property also boasts a new roof, 400 amp electrical service, and tenant responsibility for utilities through RUBS. It offers easy access to the 405 freeway and the Westside, and is near popular shops and restaurants, including Platform LA.

Details

Property type

Est. home value

$1,574,765

Lot size

4,664 sq ft

Price per sq ft

$528

Year built

1965

HOA

No

Price History

08/28/2024
CLAW

CLAW #24422463

Price change
$2,240,000
-2.18%
08/02/2024
CLAW

CLAW #24422463

Listed
$2,290,000
05/31/2024
CLAW

CLAW #23306469

Removed
$2,290,000

Schools & Community

Neighborhood: 

Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Axos Bank

Loan start date

January 2022

Original loan amount

$1,040,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Commercial

Seller

3757 Veteran Avenue Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 5:45 AM

Listing updated: 08/28/2024 at 4:41 PM

Listed by: Zachary Freehling, Skylight Real Estate Advisors, Inc. Phone #: (310) 592-0833

MLS: CLAW #24422463

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