Los Angeles, CA 90066,3752 sawtelle
Los Angeles, CA 90066,3752 sawtelle
Los Angeles, CA 90066,3752 sawtelle
Los Angeles, CA 90066,3752 sawtelle
Los Angeles, CA 90066,3752 sawtelle
Los Angeles, CA 90066,3752 sawtelle
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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374
$ 675,000
Est. payment | /mo

3 Beds

3 Baths

1,327 SqFt


Save
$ 675,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,327 SqFt

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

MLS Router / San Diego MLS
Listed by Molly First Lyon Stahl Investment Real Estate, Inc.
Michael & Jessica Solis

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA, 92054, United States

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