1954-1958 Purdue Ave - Apartments FOR SALE


Los Angeles, CA 90025- West Los Angeles
$3,799,000 USD
213-302-8662
1954-1958 Purdue Ave, Los Angeles, CA for Sale
$3,799,000 USD
Apartments - FOR SALE
1/134
null | 5.08% Cap Rate

1954-1958 Purdue Ave
Los Angeles, CA 90025
West Los Angeles


HIGHLIGHTS

  • Newly developed luxury triplex in Prime Sawtelle featuring three expansive residences.
  • Fully leased at premium rental rates, producing strong income and a 5.08% cap rate.
  • Modern interiors with designer kitchens, custom cabinetry, and oversized balconies.
  • Walkable setting near acclaimed dining and cultural destinations along Sawtelle Blvd.

OVERVIEW

1954 Purdue Avenue represents a rare opportunity to acquire a newly constructed luxury multifamily investment in the heart of Prime Sawtelle in West Los Angeles. This boutique triplex comprises three modern residences with a desirable unit mix of 5-, 4-, and 3-bedroom layouts, each thoughtfully designed to rival single-family homes. Fully leased within just two weeks of completion, the property delivers a strong in-place income of approximately $250,800 annually, translating to a true 5.08% cap rate.

FOR SALE DETAILS

PRICE

$3,799,000 USD

PRICE/SF

$773 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,266,333

CAP RATE

5.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

LAR2

APN/PARCEL ID

4261-029-022

ASK ABOUT THIS PROPERTY

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213-302-8662

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Lauren CearleyMyunits.com IncMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.