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Property Description

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.)

Features
: Wall/window Unit(s)
2
: Dryer Included, Washer Included
0
Additional Information
Kidder Mathews of California, Inc.
0
CLW-X86373
CLW-X8241001
Scott
4252026026
: Standard
Two
32

Multi-Family For Sale

3749 Westwood Boulevard, Los Angeles, California 90034

6,626 Sqft
$4,000,000
Listing ID #24357587
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24357587
Price : $4,000,000
Living Area : 6,626 Sqft
Lot Size : 8,014 Sqft
Year Built : 1956
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90034
Price Per Square Foot : $604
ModificationTimestamp : 2024-02-20 05:12:53
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