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SOLD 6/28/2021

3662 Clarington Avenue, Los Angeles, CA 90034$2,985,000

10
beds
10
baths
5974
ft2
· 5412
ft2 lot
$494 / ft2

Listing provided courtesy of Listing Broker: Don Favia, Realty Investment Advisors, In
Source CRMLS;
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CALL FOR OFFERS! BEST AND FINAL OFFER DUE BY FRIDAY MAY 28TH AT 1:00 PM. We are excited to present 3662 Clarington Avenue. A rare opportunity to own a newer property, not subject to Los Angeles Rent Control. Fully Occupied! Built in 2001, this thoughtfully designed and low maintenance 6-unit apartment sits near the eastern border of Palms and approximately 1/2 mile from the reinvigorated Downtown Culver City. Its recently built architecture shines while featuring a tremendous unit mix of all 2-story townhouse style units. Unique and naturally bright, the building mix is four 2 bedroom, 2 bath townhouse units, and two 1 bedroom 1 bathroom townhouse units all with their own washer/dryer hookups to provide in-unit laundry. Additionally, All tenants pay their own water & electric alleviating landlord concerns on utility costs! Many units feature balconies, some renovated with upgraded wood flooring, efficient recessed lighting, and updated bathrooms.The building offers plenty of subterranean secured parking and recent capital improvements include a new roof completed in 2018. Hurry, this opportunity will not last!

HOA

$—/month

On market

14 days

Year built

2001

Property type

Multi-Family

Parking

MLS

21733558

Price / Sq.Ft.

$494 / ft2

Status

Closed

Home details for 3662 Clarington Avenue

Interior Features & Layout
Appliances
•   
Appliances: Dishwasher, Disposal
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
•   
Cooling Details: Central Air
Interior Size
•   
Building Area Total: 5974.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Subterranean
Building Info
•   
Zoning: LAR3
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Lot Info
•   
Lot Size Acres: 0.1200
•   
Lot Size Dimensions: 50x108
•   
Lot Size Area: 5412.0000
•   
Lot Size Units: Square Feet
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 175939.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 57734.00
•   
Gross Multiplier: 16.26
Tax/Assessment Info
•   
Gross Income: 181380.00
•   
Tax Year: 2020
•   
Taxes: 30045.0
Lease Info
•   
Net Operating Income: 118205.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 2200.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 2200.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2800.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Total Rent: 2800.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 2495.00
•   
Unit 1 Total Rent: 2495.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1795.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1795.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 2900.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 2900.00
•   
Unit 5 Bathrooms: 2
•   
Unit 5 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
Unit 6 Information
•   
Unit 6 Actual Rent: 2925.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 2925.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 2
•   
Unit 6 Bathrooms: 2
School Neighborhood & Directions
School Info
•   
Directions: North of Venice Blvd
Other
Calculation
•   
Dom: 15
•   
Cdom: 15

Neighborhood snapshot

31
Properties for sale
14
Median days on market
$721.25
Median sold price/sqft
100.00%
Sold/List %
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Property History for 3662 Clarington Avenue

09/29/2021
09/29/2021
Public Record
sold
Public Record
$3,900,000
+30.65%
06/28/2021
06/28/2021
Public Record
sold
Public Record
$2,985,000
+1.19%
06/28/2021
06/28/2021
CRMLS #21733558
sold
CRMLS #21733558
$2,950,000
06/02/2021
06/02/2021
CRMLS #21733558
pending
CRMLS #21733558
$2,950,000
05/18/2021
05/18/2021
CRMLS #21733558
active
CRMLS #21733558
$2,950,000
+34.09%
See more property history

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