4600 Sawtelle Blvd - Apartments FOR SALE


Los Angeles, CA 90230- Del Rey
$2,995,000 USD
310-871-3933
4600 Sawtelle Blvd, Los Angeles, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/7
null | 6.16% Cap Rate

4600 Sawtelle Blvd
Los Angeles, CA 90230
Del Rey


HIGHLIGHTS

  • Great 14 unit apartment building situated in a prime West L.A. / Culver City adjacent location.
  • Excellent mix of units comprised of one bachelor, two studios, ten 1-bedroom, and one 2-bedroom townhome apartments.
  • Significant upside potential, several units are rented at below market rates.
  • Owner has approved plans for a 1 Bedroom/1 Bathroom ADU.
  • Rare opportunity for an Investor to purchase an income property in a great Culver City adjacent location.

OVERVIEW

4600 Sawtelle Boulevard is a well-maintained 14 unit multifamily property located in a highly desirable Culver City adjacent neighborhood in West Los Angeles. The building features a versatile unit mix comprised of one spacious two-bedroom + one and a half bath townhome, ten one-bedroom + one-bath units, two studio + one bath units, and one bachelor + one bath unit. Ideally positioned near the intersection of Sawtelle Boulevard and Braddock Drive, the property benefits from excellent visibility and convenient access to major employment centers in Culver City, Playa Vista, and the greater Westside. The surrounding neighborhood's consistent rental demand, coupled with limited new supply, makes this an exceptional opportunity for investors seeking stable income with room for growth. The Seller has plans for an additional one-bedroom, one-bath ADU, providing an opportunity for future income growth and enhanced overall returns. 4600 Sawtelle Boulevard presents a rare chance to acquire a well-located Westside asset poised for long-term value appreciation. Buyer to be responsible for completing earthquake retrofit work.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

14

PRICE/UNIT

$213,929

CAP RATE

6.16%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,428 SF

ZONING

LARD2

APN/PARCEL ID

4215-023-030

ASK ABOUT THIS PROPERTY

Gary FoxMiller & Desatnik Realty Corp.More Info
310-871-3933

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Gary FoxMiller & Desatnik Realty Corp.More Info
310-871-3933

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