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!
Property Details
Price:
$3,750,000
MLS #:
24452627
Status:
Active
Baths:
0
Address:
3971 Sawtelle Boulevard
Type:
Residential Income
Neighborhood:
c28culvercity
City:
Los Angeles
Listed Date:
Oct 14, 2024
State:
CA
ZIP:
90066
Lot Size:
10,636 sqft / 0.24 acres (approx)
Year Built:
1953
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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Garage
Parking Spots
0.00
Stories Total
2
Financial
Tenant Pays
Gas, Electricity, Cable T V
Map
Community
- Address3971 Sawtelle Boulevard Los Angeles CA
- AreaC28 – Culver City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
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Courtesy of Power Brokers. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3971 Sawtelle Boulevard
Los Angeles, CA
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