$3,995,000
Los Angeles, CA 90034
15
Beds
7
Baths
6,104
Sq. Ft.
1923
Year Built
Los Angeles
County
ResidentialIncome
Property Type
This offering presents a rare multifamily investment opportunity consisting of two contiguous parcels (APNs 4314-015-011 and 4314-015-012) located in the desirable Palms / Mar Vista submarket of West Los Angeles. Situated on approximately 15,000 square feet of land, the property currently consists of two single family homes with 5 residential units. This configuration provides investors with multiple acquisition strategies, including redevelopment, value-add repositioning, or owner-user occupancy. From a redevelopment standpoint, the property is zoned R3 and located within a TOC Tier 3 Transit Oriented Community area, providing significant development potential. Based on current zoning regulations, the site allows for approximately 20 units by right, with the potential to increase density to approximately 30 to 40 units through the TOC Affordable Housing Incentive Program or California State Density Bonus law, subject to applicable affordable housing requirements. For value-add investors, the property offers immediate upside through renovation and repositioning of the existing seven-unit apartment building. Several units are expected to be delivered vacant at closing, allowing a buyer to capture market rents, modernize interiors, or explore the addition of Accessory Dwelling Units (ADUs) to further enhance long-term income potential. The property also presents a compelling owner-user opportunity, allowing a buyer to occupy one of the residences while generating rental income from the remaining units. The existing improvements include a four-unit property at 3444 Vinton Avenue, anchored by a front three-bedroom residence with three additional two-bedroom units, of which one 2 bedroom unit is currently vacant, and a California Craftsman home at 3450 Vinton Avenue with two additional one-bedroom units above a garage structure of which the house and one of the 1 bedroom units will be delivered vacant. With its combination of redevelopment potential, vacancy upside, and owner-user flexibility, the Vinton Avenue property represents a unique opportunity for investors, developers, and owner-users seeking long-term value in one of West Los Angeles' most established rental markets.
$21,263/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 10:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
