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3729 Paloma, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

3729 Paloma, Los Angeles, California 90011 home-pic-0
ACTIVE$649,000
3729 Paloma, Los Angeles, California 90011
0Bed
0Bath
1,843Sqft
4,189Lot
Year Built
1914
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$352
HOA
-
Days on market
-
Sold On
-
MLS number
MB25253602
Home ConditionPoor
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $649.0K(50th), sqft - 1843(46th), beds - undefined(50th), baths - undefined(50th).

Presenting a fantastic opportunity to own a four-unit property situated in the heart of historic South Los Angeles. This versatile multi-family residence is ideal for investors or owner-occupiers seeking to maximize rental income and long-term property value. Each unit offers comfortable living spaces with excellent potential for upgrades, allowing for increased rents and enhanced asset appreciation. The property is strategically located near major freeways, making commuting throughout Los Angeles convenient and efficient. Residents will also enjoy proximity to a variety of supermarkets, retail centers, and reputable schools—all within easy reach. The surrounding neighborhood is known for its vibrant community spirit and rich cultural heritage, providing a desirable environment for tenants. Whether you’re looking to expand your investment portfolio or secure a property with significant upside, this four-unit property delivers exceptional value and future growth possibilities. Don’t miss out on this rare offering in one of South LA’s most sought-after areas!

Nearby schools

4/10
Quincy Jones Elementary School
Public,•K-5•0.2mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.3mi
2/10
Harmony Elementary School
Public,•K-5•0.3mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.4mi
3/10
Trinity Street Elementary School
Public,•K-5•0.4mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.5mi
/10
Maple Primary Center
Public,•K-1•0.6mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.9mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.2mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.2mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.7mi
4/10
Norwood Street Elementary School
Public,•K-5•1.9mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.9mi
2/10
John W. Mack Elementary School
Public,•K-5•2.1mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.9mi
4/10
John Adams Middle School
Public,•6-8•1.0mi
2/10
John Muir Middle School
Public,•6-8•2.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.8mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.6mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.6mi
5/10
Santee Education Complex
Public,•9-12•1.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.7mi
4/10
West Adams Preparatory High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
11/04/25
Listing
$649,000
12/07/23
Sold
$650,000
06/12/09
Sold
$252,000
09/07/05
Sold
$505,000
10/25/04
Sold
$370,000
Condition Rating
Poor
Built in 1914, this property shows significant age and wear. The kitchen features very outdated dark wood cabinets, worn countertops, and old white appliances, clearly requiring a full renovation. The bathroom is similarly dated with an old vanity, fixtures, and blue linoleum flooring. The overall condition, including visible wear in living spaces and the property's advanced age, indicates a need for substantial repairs and rehabilitation, likely including major system updates (plumbing, electrical) to meet current standards.
Pros & Cons

Pros

Multi-Unit Income Property: As a four-unit quadruplex, this property offers diversified income streams, making it highly attractive to investors seeking to maximize rental income and yield.
Value-Add Potential: Each unit presents 'excellent potential for upgrades,' allowing a new owner to increase rents and enhance asset appreciation through strategic renovations.
Strategic Location & Accessibility: The property boasts a strategic location near major freeways, supermarkets, retail centers, and reputable schools, ensuring convenient commuting and access to amenities for tenants.
Established Neighborhood Appeal: Situated in 'historic South Los Angeles,' the area is noted for its 'vibrant community spirit and rich cultural heritage,' which can contribute to tenant stability and desirability.
Long-Term Investment Opportunity: The listing emphasizes 'exceptional value and future growth possibilities,' positioning it as a solid long-term investment in the dynamic Los Angeles real estate market.

Cons

Advanced Age of Property: Built in 1914, the property is over a century old, which typically implies a higher likelihood of needing significant capital expenditure for system updates (plumbing, electrical) and deferred maintenance.
Required Upgrades for Maximized Returns: While offering 'potential for upgrades,' this suggests the units are not currently modernized, requiring immediate investment to achieve the 'increased rents and enhanced asset appreciation' mentioned.
Lack of Premium View: The property explicitly states 'view: None,' indicating it lacks a premium amenity that could otherwise command higher rental rates or sale prices in certain Los Angeles submarkets.

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