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Los Angeles, CA 90066,3971 Sawtelle BLVD
$3,400,000
Est. payment /mo
$3,750,000
9.3%
Est.Price: ?

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12 Beds
12 Baths
7,344 SqFt
SOLD DATE : 12/18/2024

Key Details

Sold Price $3,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,344 sqft

Price per Sqft $462

MLS Listing ID 24452627

Bedrooms 12

Year Built 1953

Lot Size 10,637 Sqft

Property Description

Discover an exceptional investment opportunity with this 12-unit multifamily property located at 3971-3977 Sawtelle Blvd in the heart of Culver City. Built in 1953, this classic building offers 7,344 square feet of rental space on a generous 10,633 square foot lot. With tremendous upside rental potential, this property provides a rare chance for investors to capture significant future income growth. It was last on the market in 2003, and since then, the seller has invested over $200k in capital improvements, ensuring long-term structural integrity and modernized features. Additional value comes from the potential to add four Accessory Dwelling Units (ADUs), offering further income possibilities. Positioned in a highly desirable area with access to top-tier amenities, this property presents an outstanding combination of stability and future growth potential. Don't miss this rare offering in the thriving Culver City rental market!

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCR4YY

Interior

Heating Wall Furnace

Laundry Common Area

Exterior

Parking Features Garage

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Helen Abrishami • Power Brokers
Bought with Alondra Ruiz • Coldwell Banker West
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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