Property
Listing Agent: Helen Abrishami (DRE #01298442) · Listing Office: Beverly & Company Luxury Properties · Contact: 323-410-0848 · Bought with: Alondra Ruiz · Coldwell Banker West · MLS #24452627 · Source: CRMLS
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!
Listing description from the December 2024 sale, as reported to CRMLS.