3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue 3630 Midvale Avenue Location:
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3630 Midvale Avenue

Los Angeles, CA 90034
25 bed
20 bath
13,790 sqft
$6,999,000
$800K drop
On ZeroDown: 6 months ago

Highlights

Electric Vehicle Charging Nearby

107 electric car charging points within a 5-minute driving distance.

Grocery Delivery

Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.

Number of bedrooms in comparison to the block

Only 25% of the homes on the block have more than 15 bedrooms.

About

Price Reduced $650,000. Seller want it sold. Well maintained, 20 units located in the prime - and high-rental demand - Palms area of the Westside. Six 2-bedroom, 1.5-bath units; thirteen 1-bedroom 1-bath and one studio on a large 16,000 square foot lot. 11 vacancies awaiting upgrade and higher rents. Great commuter location. 26 parking places, security ... Read more
Year Built
:
1963
MLS #
:
EV20177126
Lot Size
:
15,998 sq ft.
Property Type
:
Residential Income
Status
:
Active
Style
:
, Residential Income
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
6 months
Floor Size
:
13,790 sq ft.
Listed by: DANIEL CORCORAN
Brokerage: Corcoran Group of California Inc.
MLS#: EV20177126
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
Has Attached Garage:
Yes
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$103,668.0
Projected Rent:
$192,600.0
# of Units:
6
Actual Rent:
$8,639.0
Laundry Information
Has Laundry:
Yes
Laundry Features:
Common Area
Interior Features
Levels:
Two
Unit Type 2 Information
Has Attached Garage:
Yes
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$98,952.0
Projected Rent:
$265,320.0
# of Units:
13
Actual Rent:
$1,857.0
Multi-Unit Information
Trash Expense:
$4,097.0
# of Buidings:
2
Gross Scheduled Income:
$476,742.0
Net Operating Expense:
$94,795.0
Total Buiding Area:
13,790 Sq. Ft.
Other Expense Description:
Laundry
# of Separate Gas Meters:
21
# of Separate Water Meters:
1
Total Expense:
$94,795.0
# of Separate Electric Meters:
21
Electricity Expense:
$16,291.0
New Taxes Expense:
$43,646.0
Gross Income:
$2,400.0
Licenses' Expense:
$1,347.0
Total Rent:
$202,620.0
Maintenance Expense:
$18,881.0
Other Expense:
$880.0
Gardener Expense:
$777.0
Vacancy Allowance Rate:
3.0
Pest Control Expense:
$650.0
Vacancy Allowance:
$14,302.0
Net Operating Income:
$367,644.0
Insurance Expense:
$8,778.0
Gross Rent Multiplier:
14.86
Unit Type 1 Information
Has Attached Garage:
Yes
Projected Rent:
$16,800.0
# of Units:
1
# of Baths:
1
Furnished:
Unfurnished
Exterior Features
Pool Information
Pool Features:
None
Has Private Pool:
Yes
Building Information
Year Built Source:
Public Records
New Construction:
Yes
Details provided by CRMLS and may not match the public record.

More homes nearby this home

Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
3630 Midvale Avenue is a 13790 sq ft house with 25 beds and 20 baths.
What’s the current price of this home?
3630 Midvale Avenue is currently priced at 6,999,000.
How many photos are available for this home?
ZeroDown has 29 photos of 3630 Midvale Avenue.
Are there electric charging stations around 3630 Midvale Avenue?
107 electric car charging points within a 5-minute driving distance.
What are the internet/broadband options for 3630 Midvale Avenue?
Get into the gaming mode with 940.0+ Mbps download speeds available on this block powered by Charter Communications, Inc..
What are the public transportation options for 3630 Midvale Avenue?
The nearest airport is Los Angeles International Airport, which is 5.4 miles away.
What are the grocery and delivery options for 3630 Midvale Avenue?
3 grocery stores at a driving distance of 10 mins. Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
What are child care options around 3630 Midvale Avenue?
This home is great if you have young kids. There are at least 15 child care centers within 0.2 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 0.9 miles away, there are about 5 preschools within a 5-15 mile radius.,There are at least 5 day-cares within 10 miles of this home, the closest one is approx. 3 mins walk.
When was this home built?
3630 Midvale Avenue was built in 1963.
How long has this home been listed on ZeroDown?
3630 Midvale Avenue has been on ZeroDown for 6 months.
Is 3630 Midvale Avenue in a quiet neighborhood?
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
What are the food delivery options for 3630 Midvale Avenue?
Food delivery available from 3742+ restaurants and over 85 different cuisines to discover, powered by Doordash. Good quality food mostly delivered within 30 minutes.
How quickly do homes sell in this neighborhood?
Average days on market for homes in this area was 24 days this month, 50 days last month and 50 days last year.
What are the nearest hospitals/urgent care centers for 3630 Midvale Avenue?
5 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 3630 Midvale Avenue?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Citizens of the World Charter School Hollywood (#109 in state), Larchmont Charter School (#107 in state), Goethe International Charter School (#98 in state) among 7 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. WISH Community School (#44 in metro), Larchmont Charter School (#28 in metro), Los Angeles Center for Enriched Studies (#4 in metro) among 8 A+/A rated public middle schools in the district. Ratings and rankings are from Niche. Los Angeles Center for Enriched Studies (#31 in metro), Larchmont Charter School (#146 in state) among 4 A+/A rated public high schools in the district. Ratings and rankings are from Niche.
How does it feel to live in 90034 zip code?
66.14% of the households in this zip code(90034) are renter-occupied.

Listing Courtesy of: CRMLS_CA and Corcoran Group of California Inc.. Based on information from California Regional Multiple Listing Service, Inc
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.