3760 Vinton Ave Los Angeles, CA 90034

Well maintained 9 - unit apartment building in prime Palms. The property consists of 1 - Single, 3 - 1 bedroom + 1 bath, 3 -2 bedroom + 1 bath, 1 - 2 bedroom + 1.5 bath and 1 - 3 bedroom + 2 bath units. The building was built in 1970 is 7,470square feet. It sits on a 7,501 square foot lot. It is individually metered for gas and electricity. The rents are below market and there is over 60% upside in the rents. There is one vacant 1 bd. + 1ba. unit with a projected rent of $1,895. There is onsite laundry. It is located in the high demand area of Palms adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $860,000, 4.21% fixed until 5/1/26, due in 2031. PLEASE DO NOT DISTURB THE TENANTS.