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3709 S Bentley Ave
Los Angeles, CA 90034
Multifamily Property For Sale
·
8 Units
Executive Summary
3709 S Bentley Ave offers the opportunity to acquire an 8-unit multifamily asset in a prime Westside location on a quiet, tree-lined street. The building features an ideal unit mix consisting of: (4) 2+1, (2) 1+1, (1) 2+2, and (1) studio. The five two-bedroom units average approximately 900–1,000 SF. Half of the units have been renovated, while the remaining units are well maintained with classic interior finishes.
Rents are below market, providing approximately $85K–$90K in projected annual NOI upside through unit turnover and strategic renovations. The 7,561 SF lot offers ADU potential to further increase income (buyer to verify). Property amenities include six on-site parking spaces, on-site laundry, and security cameras. Recent capital improvements include a new roof, copper plumbing, fresh exterior paint, and seismic retrofitting. Balcony inspections have been completed with no further work required.
Tenants benefit from proximity to nearby retail and dining options, along with convenient access to Culver City and major Westside employment hubs including Sony Pictures Studios and Amazon Studios.
Priced at approximately a 12x GRM and $250K per unit, the offering presents a well-located Westside asset with 5 of 8 units consisting of desirable two-bedroom layouts.
Rents are below market, providing approximately $85K–$90K in projected annual NOI upside through unit turnover and strategic renovations. The 7,561 SF lot offers ADU potential to further increase income (buyer to verify). Property amenities include six on-site parking spaces, on-site laundry, and security cameras. Recent capital improvements include a new roof, copper plumbing, fresh exterior paint, and seismic retrofitting. Balcony inspections have been completed with no further work required.
Tenants benefit from proximity to nearby retail and dining options, along with convenient access to Culver City and major Westside employment hubs including Sony Pictures Studios and Amazon Studios.
Priced at approximately a 12x GRM and $250K per unit, the offering presents a well-located Westside asset with 5 of 8 units consisting of desirable two-bedroom layouts.
Property Facts
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.92% | Building Size | 6,710 SF |
| Gross Rent Multiplier | 12.02 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.19/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3-1 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 4.92% |
| Gross Rent Multiplier | 12.02 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,710 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R3-1 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,550 | 400 |
| 1+1 | 2 | $1,311 | 600 |
| 2+1 | 4 | $1,872 | 900 |
| 2+2 | 1 | $2,201 | 1,000 |
Property Taxes
| Parcel Number | 4252-006-018 | Improvements Assessment | $277,519 |
| Land Assessment | $1,110,101 | Total Assessment | $1,387,620 |
Property Taxes
Parcel Number
4252-006-018
Land Assessment
$1,110,101
Improvements Assessment
$277,519
Total Assessment
$1,387,620
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