3759 Midvale Ave Los Angeles CA MLS #23-229257

3759 Midvale Ave
Los Angeles, CA,
$2,975,000
2 Beds
2 Baths
936 SqFt
0.05 Acres
This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot located at 10875 Venice Boulevard. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for 3759 Midvale ave. is $2,545, the 4 apartments are projected at $6,590 total per month, the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.

Property Details

Price:
$2,975,000
MLS #:
23-229257
Status:
Sold ((Mar 9, 2023))
Beds:
2
Baths:
2
Address:
3759 Midvale Ave
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
Palms – Mar Vista
City:
Los Angeles
Listed Date:
Jan 4, 2023
State:
CA
Finished Sq Ft:
936
Lot Size:
2,255 sqft / 0.05 acres (approx)
Year Built:
1924
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Interior

Cooling
Other
Flooring
Other
Heating
Other
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Other

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Other Structures
Other
Parking Garage
Gated
Pool Description
None
Spa
None
Style
Unknown

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3759 Midvale Ave
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