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3741 S Bentley Avenue, Los Angeles, CA 90034

Property

3741 S Bentley Avenue, Los Angeles, CA 90034 Sold June 2024 CRMLS
$1,575,000Sold June 2024

Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-259-7556 · Bought with: Michael Mikail · Rodeo Realty · MLS #SB24076790 · Source: CRMLS

7,559 sqft
Lot Size
1963
Year Built
Property
Type
0
Garage

About this property

3741 S Bentley Ave is an amazing opportunity to own six units offered at only $250k/unit in the desirable West LA neighborhood of Palms. There is still over 60% upside available in monthly rental income. Whether you are long term or a value-add investor, the subject property is the perfect asset to help achieve your investment goals. 3741 S Bentley Ave features a unit mix of (3) 2-Bed/1- Bath, (2) 1-Bed/1-Bath and (1) Studio/1-Bath units. Once all units are renovated and rented for market, the property will operate at a 11.13% CAP and 6.62 GRM. Beneficial to the new owner, retrofit work has been completed! This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3741 S Bentley Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$1,575,000
Sold June 2024 · listed $1,500,000, on market April 2024 · MLS #SB24076790 · Source: CRMLS
Listing Agent: Cameron Samimi · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-259-7556 · Bought with: Michael Mikail · Rodeo Realty
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