3749 Westwood Boulevard Los Angeles, CA ^$ 4,000,000

3749 Westwood Boulevard

^$ 4,000,000

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3749 Westwood Boulevard

Los Angeles, CA, 90034

^$ 4,000,000

Studio Baths0.0 Sq 6,626

Monthly Estimate*

^$ 26,585

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 1

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 2

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 3

Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,000,000. This 6,626 square foot home was built in 1956 on a lot size of 0.18.

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.)

Multi-Family Active

Price

^$ 4,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.18

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024357587

Features

General

Cooling Wall/Window Unit(s)

Zoning LAR3

Year Built 1956

Levels Two

County Los Angeles

Net Operating Income 144998.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 1.50

Senior Community Y/N No

MLS Area C13 - Palms - Mar Vista

Lot Size Square Feet 8014.0

Street Name Westwood

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Assigned

Lot Size Area 8014.0

Building Area Total 6626.0

Lot Dimensions 47x170

Lot Size Acres 0.18

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Street Suffix Boulevard

Laundry Features Washer Included Dryer Included

Total Baths 0

* Excluded Features

List By

Scott Rosenberg

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$26,585

Per Month

Monthly Principal & Interest: $26,585
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,978,532

Percent of Sale Price 51%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$4,000,000		Listed Price

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3749 Westwood Boulevard, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $4,000,000 with 6,626 sqft and a lot size of 0.18. 3749 Westwood Boulevard is a studio with 0.0 baths and was built in 1956. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3749 Westwood Boulevard

Multi-Family Home for sale in Los Angeles, CA

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