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!
Sold for $3,400,000 on 12/18/24
$3,400,000
3971 Sawtelle Blvd, Los Angeles, CA 90066
12beds
12baths
7,344sqft
Multi Family
Built in 1953
-- sqft lot
$3,343,700 Zestimate®
$463/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 19, 2024 at 07:00am
Listed by:
Helen Abrishami DRE # 01298442 310-927-9226,
Power Brokers 424-738-5900
Bought with:
Alondra Ruiz, DRE # 01905688
Coldwell Banker West
Source: CLAW,MLS#: 24-452627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Wall
Cooling
- Other
Appliances
- Included: Range/Oven
- Laundry: Common Area
Features
- Flooring: Mixed
Interior area
- Total structure area: 7,344
- Total interior livable area: 7,344 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,637 sqft
Details
- Additional structures: None
- Zoning: CCR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1953
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$3,343,700