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Sold for $3,400,000
  • $3,400,000

    3971 Sawtelle Blvd, Los Angeles, CA 90066

    12beds
    12baths
    7,344sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $3,248,100 Zestimate®
    $463/sqft
    $2,576 Estimated rent

    Home value

    $3,248,100

    $2.89M - $3.67M

    $2,576/mo

    Zestimate® history
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    $2,576/mo

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    $21,604/mo

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    $21,604/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Helen Abrishami DRE # 01298442 310-927-9226,

    Beverly & Company Luxury Properties 323-410-0848

    Bought with:

    Alondra Ruiz, DRE # 01905688

    Coldwell Banker West

    Source: CLAW,MLS#: 24-452627MLS Logo

    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 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 4214003017
    • Zoning: CCR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1953

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,913,208
    • Date on market: 10/15/2024
    • Tenant pays: Gas, Electricity, Cable TV

    Price history

    DateEventPrice
    12/19/2024Pending sale$3,750,000+10.3%$511/sqft
    Source: CLAW #24-452627 Report a problem
    12/18/2024Sold$3,400,000-9.3%$463/sqft
    Source: CLAW #24-452627 Report a problem
    10/15/2024Listed for sale$3,750,000$511/sqft
    Source: CLAW #24-452627 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: McLaughlin

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $3,248,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,248,100