Active

3749 Westwood Boulevard

Los Angeles CA, 90034

$4,000,000


$603.68 per sqft

Active

15 Beds

10 Baths

6,626 sqft

Residential

Built in 1956

Listed by Scott Rosenberg with Kidder Mathews of California, Inc. 310-807-0880

3749 Westwood Blvd is a 6 unit property (configured as 2 units) that is part of the "Westwood Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Westwood 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 24% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "Westwood 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.)

24357587

MLS ID

February 12, 2024

Listed

July 14, 2024

Updated

Map

3749 Westwood Boulevard
Los Angeles CA, 90034

Interior Features

Total Stories

2


Bedrooms

15


Total Bathrooms

10


Appliances

Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

C13 - Palms - Mar Vista


Days on Market

8


Garage

Yes


Parking

Assigned


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

1.5%

Listing Contact: 310-807-0880 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 6:19 AM UTC

 

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