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Buy a propertyat 3610 Westwood Boulevard, Los Angeles, CA 90034

$3,350,000

$0/mo

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Multifamily

6,270 Sq. Ft.

7,931 Sq. Ft. lot

13 Bedrooms

0 Bathrooms

330 Days on market

23278407 MLS ID

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About 3610 Westwood Boulevard property

3610 Westwood Blvd is a 7 unit property (configured as 10 units) that is part of the WLA Portfolio, a 4-property multifamily portfolio opportunity located in highly desirable Palms and Sawtelle submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The WLA Portfolio offers a diverse mix of unit types, ranging from studios to 3+3 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 34% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the WLA Portfolio presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)
3610 Westwood Blvd is a 7 unit property (configured as 10 units) that is part of the WLA Portfolio, a 4-property multifamily portfolio opportunity located in highly desirable Palms and Sawtelle submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The WLA Portfolio offers a diverse mix of unit types, ranging from studios to 3+3 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 34% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the WLA Portfolio presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)

Property details

Appliances and Equipment

Dryer

Washer

Bathrooms

14 total bathrooms

Bedrooms

13 total bedrooms

House

2 total stories

Built in 1962

6,270 sqft living area

6270 total building sqft

Cooling

Wall/Window Unit(s)

Income

Gross Income: 186612

Net Operating Income: 115258

Listing

Listing ID: 23278407

8 days on market

Listed on 2023-06-08

Rent controlled

Location

County: Los Angeles

Lot

7931 sqft

0.1821 acres

Area: 7931

Dimensions: 47x169

Parking

Carport

7 total parking spaces

Carport

Driveway

Property

Single building

7 units

Monthly cost

Estimated monthly cost

$21,348/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,149,000

+$100,500

$3,249,500

Seller agent commission$100,500 (3%)*

$0 (0%)

Buyer agent commission$100,500 (3%)*

$100,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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State

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Unreal Estate checked: May 4, 2024 at 7:36 a.m.

Data updated: Jun 16, 2023 at 11:05 a.m.

Property listed by Kidder Mathews of California, Inc., Scott Rosenberg
Based on information from California Regional Multiple Listing Service, Inc. as of 06/16/2023 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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