3752 sawtelle new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Condo
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,327 sqft
Price per Sqft $508
MLS Listing ID SB25219400
Bedrooms 3
Full Baths 3
Year Built 1948
Property Sub-Type All Other Attached
Property Description
Priced to sell! 3 Units or Single Family You Decide! 3752 Sawtelle Blvd has been operating as a 3-unit multifamily featuring (2) 1-bed/1-bath units and (1) studio with strong value-add potential for 50+ years. City of LA has stated there are no permits on file for 3 units, however the property has 3 electric meters, has paid registration fees, 3 mailing addresses, and permits are found with the city stating 3 units. City has sent notice to owners to convert back to single family. Owners do not want the headache or have the time to do the conversion or fight the city. If you do, this property is for you. Tenants have verbally agreed to vacate cash 4 keys but sellers don't want to do it. I have acceptable contracts for them to share. Their loss is your gain. All the heavy lifting has been done so buy it and knock this flip out of the park! Can easily legalize as 3 unit using ADU law or gut renovate back to a single family home for your own. Current metrics include a 6.22% cap rate, 11.40 GRM, and ~42% rental upside once repositioned. A two-car garage with alley access offers the ability to add an ADU for further income growth. Located in the heart of LAs Westside near Apple, Google, and Sony, the property benefits from strong tenant demand, below-market rents, and long-term appreciation drivers. A rare chance to secure a high-performing Westside investment.
Location
State CA
County Los Angeles
Direction Heading northbound on Sawtelle Blvd, property will be on the right. Heading southbound on Sawtelle Blvd property will be on the left.
Interior
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 4234002025
Special Listing Condition Standard