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Property Description

1826 S Bundy Drive is an 8 unit property, located in the highly desirable Sawtelle submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. “The Bundy” offers a mix of 2+2 and 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 27% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, “The Bundy” 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.)

Features
: Wall/window Unit(s)
2
: Dryer Included, Washer Included
0
Additional Information
Kidder Mathews of California, Inc.
0
CLW-X86373
CLW-X8241001
Scott
4259017027
: Standard
Two
32

Multi-Family For Sale

1826 Bundy Drive, Los Angeles, California 90025

8,400 Sqft
$4,600,000
Listing ID #23278555
Basic Details
Status : Active
DaysOnMarket : 295
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 23278555
Price : $4,600,000
Living Area : 8,400 Sqft
Lot Size : 6,103 Sqft
Year Built : 1973
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90025
Price Per Square Foot : $548
ModificationTimestamp : 2024-03-29 17:13:26
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