3971-3977 Sawtelle Blvd - Apartments FOR SALE


Culver City, CA 90066
$3,750,000 USD
310-927-9226
3971-3977 Sawtelle Blvd, Culver City, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/6
null | 4.61% Cap Rate

3971-3977 Sawtelle Blvd
Culver City, CA 90066


HIGHLIGHTS

  • First time on the market in over 20 years.
  • Value add with four potential ADUs.
  • Located in the thriving Culver City Market.

OVERVIEW

Discover an exceptional investment opportunity with this 12-unit multifamily property located at 3971-3977 Sawtelle Blvd in the heart of Culver City. Built in 1953, this classic building offers 7,344 square feet of rental space on a generous 10,633 square foot lot. With tremendous upside rental potential, this property provides a rare chance for investors to capture significant future income growth. It was last on the market in 2003, and since then, the seller has invested over $200k in capital improvements, ensuring long term structural integrity and modernized features. Additional value comes from the potential to add four Accessory Dwelling Units (ADUs), offering further income possibilities. Positioned in a highly desirable area with access to top-tier amenities, this property presents an outstanding combination of stability and future growth potential. Don't miss this rare offering in the thriving Culver City rental market!

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$511 USD /SF

# OF UNITS

12

PRICE/UNIT

$312,500

CAP RATE

4.61%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,633 SF

ZONING

R4, Culver City

APN/PARCEL ID

4214-003-017

ASK ABOUT THIS PROPERTY

Helen AbrishamiPower Brokers International, Inc.More Info
310-927-9226

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Helen AbrishamiPower Brokers International, Inc.More Info
310-927-9226

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.