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… Read More 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 LA’s 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. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Molly First 310-913-2488
Listing Snapshot
Days Online
15
Last Updated
Property Type
Triplex
Beds
3
Full Baths
3
Square Ft.
1,327
Lot Size
0.06 Acres
Year Built
1948
MLS Number
SB25219400
30 Days Snapshot Of 90066
$1.91M
-23%
(avg) sold price
33
+22%
homes sold
76
+61%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1948, Levels: One, Living area: 1327, 1 story, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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