Thank you
Scott Rosenberg
Kidder Mathews of California, Inc.
310-807-0880
3749 Westwood Blvd is a 6 unit property (configured as 2 units) that is part of the "Westwood Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Westwood Portfolio" offers a diverse mix of unit types, ranging from studios to 3+3 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 24% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "Westwood Portfolio" presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)
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Total Bedrooms : 15
Total Baths: 10
Full Baths: 0
Half Baths: 0
Property Appliances: Dryer,Washer
Wall/Window Unit(s)
Air Conditioning
Year Built: 1956
Building Area Total: 6,626
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.184
Lot Size Dimensions: 47x170
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8014
Original List Price: 4,000,000
Listing Contract Date: 2024-02-12
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4252026026
Garage Description: Assigned
Attached Garage: Yes
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C13 - Palms - Mar Vista
Postal Code Plus 4: 6706
Directions: Located in Palms, close to other great neighborhoods such as Culver City and Mar Vista.
Zoning: LAR3
Source Property Type: Residential Income
Area: C13 - Palms - Mar Vista
Property Age: 68
Year Built Source: Vendor Enhanced
Total Square Feet Living: 6626
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3610 Westwood Boulevard, Los Angeles, CA,90034 | $3,350,000 | 13 | -- | 6,270 | 7931 Sqft |
3766 S Canfield Avenue, Los Angeles, CA,90034 | $3,300,000 | 8 | -- | 4,854 | 6428 Sqft |
3126 S Canfield Avenue, Los Angeles, CA,90034 | $3,250,000 | 11 | -- | 7,321 | 8005 Sqft |
1920 S Robertson Boulev.., Los Angeles, CA,90034 | $14,000,000 | 37 | -- | 21,997 | 24384 Sqft |
2803 Cardiff Avenue, Los Angeles, CA,90034 | $2,199,000 | 3 | 2 | 1,700 | 6761 Sqft |
10521 National Boulevar.., Los Angeles, CA,90034 | $450,000 | 1 | 1 | 625 | 27070 Sqft |
3757 Veteran Avenue, Los Angeles, CA,90034 | $2,290,000 | 8 | -- | 4,248 | 4664 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | -- | -- | 2,104 | 6754 Sqft |
3651 Cardiff Avenue, Los Angeles, CA,90034 | $2,200,000 | 3 | 2 | 2,104 | 6754 Sqft |
2016 S Bedford Street #1, Los Angeles, CA,90034 | $2,350,000 | -- | -- | 6,384 | 6301 Sqft |
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ByOwner last updated this listing 05/11/2024 @ 05:04
MLS: 24357587
LISTED BY: Scott Rosenberg, Kidder Mathews of California, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.