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3651 Mclaughlin Avenue, Los Angeles, CA 90066
15
beds
10
baths
7414
ft2
· 7388
ft2 lot
$4,000,000
$540 / ft2
Listing provided courtesy of Michael Irvine, Compass.
Source CRMLS.
Fantastic opportunity to acquire this updated and very well maintained ten unit building, located in an excellent Mar Vista location. Totaling 7,414 SF on a 7,388 SF lot, each unit has remodeled kitchens & bathrooms with tiled and bamboo flooring. As well as remodeled interiors, the plumbing and electrical is all newer. There is a great mix of units, consisting of five (1 bed / 1 bath) and five (2 bed / 1.5 bath). Further features include parking for 14 cars and new laundry facilities. This well-run building is fully occupied at market rents, its an overall quality asset in an excellent location, with a high-demand rental market.
HOA
$—/month
On market
8 months
Year built
1961
Property type
Multi-Family
Parking
MLS
20628908
Price / Sq.Ft.
$540 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Community, Inside, In Carport
•   
Appliances: Dishwasher, Microwave, Refrigerator, Oven, Range, Built-In
•   
Has Appliances
•   
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
•   
Laundry: 1
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Bath, Kitchen, Living Room, Patio, Master Bedroom
Rooms Info
•   
Room Information: Entry, Living Room
Interior Features
•   
Interior Features: Open Floorplan
•   
Window Features: Screens
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Tile, Bamboo
Interior Size
•   
Building Area Total: 7414.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: Main Level
•   
Foundation Details: Combination
•   
Stories Total: 2
•   
Num Stories: Two
•   
Construction Materials: Frame
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport, Built-In Storage
Lot Info
•   
Zoning: LAR3
•   
Lot Features: Landscaped
•   
Lot Size Acres: 0.1600
•   
Lot Size Area: 7388.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 10
Property Features
•   
Property Condition: Updated/Remodeled
Exterior Features
•   
Direction Faces: East
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Gas, Electricity, Other
•   
Gross Operating Income: 235140.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Actual Rent: 234432.00
•   
Total Expenses: 69553.00
•   
Gross Multiplier: 17.01
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 235140.00
•   
Tax Year: 2020
•   
Taxes: 36333.0
Lease Info
•   
Net Operating Income: 165587.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 10 Information
•   
Unit 10 Bathrooms: 1
•   
Unit 10 Actual Rent: 2009.00
•   
Unit 10 Total Units: 10
•   
Unit 10 Total Rent: 2009.00
•   
Unit 10 Bedrooms: 2
•   
Unit 10 Furnished Units: Unfurnished
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1993.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1993.00
Unit 7 Information
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1900.00
•   
Unit 7 Total Units: 7
•   
Unit 7 Total Rent: 1900.00
•   
Unit 7 Bedrooms: 1
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1950.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1950.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Actual Rent: 2190.00
•   
Unit 8 Total Units: 8
•   
Unit 8 Total Rent: 2190.00
•   
Unit 8 Bedrooms: 2
•   
Unit 8 Furnished Units: Unfurnished
Unit 9 Information
•   
Unit 9 Bathrooms: 1
•   
Unit 9 Actual Rent: 1670.00
•   
Unit 9 Total Units: 9
•   
Unit 9 Total Rent: 1670.00
•   
Unit 9 Bedrooms: 1
•   
Unit 9 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1909.00
•   
Unit 1 Total Rent: 1909.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1670.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1670.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 2250.00
•   
Unit 5 Total Units: 5
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 2250.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
Unit 6 Information
•   
Unit 6 Actual Rent: 1995.00
•   
Unit 6 Total Units: 6
•   
Unit 6 Total Rent: 1995.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Directions: North of Venice Blvd, South of Palms Blvd.
Other
Calculation
•   
Dom: 92
•   
Cdom: 92
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 09, 2021 5:53pm
Neighborhood snapshot
97
Properties for sale
14
Median days on market
$873.16
Median sold price/sqft
100.82%
Sold/List %
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Property History
09/08/2020
09/08/2020
CRMLS #20628908
active
CRMLS #20628908
$4,000,000
+53.26%
07/30/2013
07/30/2013
Public Record
sold
Public Record
$2,610,000
+49.14%
06/13/2006
06/13/2006
Public Record
sold
Public Record
$1,750,000
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3661 Mclaughlin Avenue
Los Angeles, CA 90066
15 bed
10 bath
7440
 ft²
 · 
7357
 ft²  lot
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