1954 Purdue St is a boutique collection of three brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All three residences leased in just TWO WEEKS at premium rental rates of $7,950/month for the 4 bedroom + den residence, $7,600/month for the 4 bedroom residence, and $5,450/month for the 3 bedroom residence, generating an impressive $250,800 in annual gross income. The rapid lease up showcases extremely strong tenant demand and the property’s ability to attract A+ renters immediately. The tenant make up is primarily young professionals and recent UCLA graduates drawn to the property’s luxury finishes, oversized layouts, and unbeatable Westside location.
Ideally positioned just 1.5 miles from UCLA and moments from the renowned Sawtelle Boulevard dining corridor, the property benefits from constant demand driven by students, medical employees, tech workers, and Westside creatives seeking luxury rental housing near major employment and lifestyle hubs. Residents enjoy close proximity to acclaimed dining destinations including Tsujita LA Artisan Noodle and n/naka, along with everyday conveniences such as Mitsuwa Marketplace and Trader Joe's. Each residence was designed with high end residential finishes intended to compete with luxury single family homes, featuring expansive kitchen islands, custom cabinetry and millwork, marble style surfaces, oversized layouts averaging over 1,600 square feet, and seamless indoor outdoor living. Centrally located near Brentwood, Westwood, and Santa Monica with convenient access to the 10 and 405 freeways, 1954 Purdue St offers investors a rare opportunity to acquire a newly constructed, non rent controlled luxury asset in one of LA’s most supply constrained and consistently high demand rental markets.
61 days
|
550
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12
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Zillow last checked:
Listing updated:
Listed by:
Lauren CearleyDRE #02146823213-302-8662,
Myunits.com Inc.,
Cheyenne WomackDRE #02064825805-973-7470,
Myunits.com Inc.
Source: CRMLS,MLS#: BB26100050Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 14
Rooms
Room types: Kitchen, Living Room
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Electric Oven, Freezer, Disposal, Gas Range, Refrigerator, Dryer, Washer
Laundry: Washer Hookup, Electric Dryer Hookup
Features
High Ceilings, Instant Hot Water
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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