Property
Beds
3
Full Baths
3
1/2 Baths
None
Year Built
1948
Sq.Footage
1,327
Priced to sell! 3 Units or Single Family You Decide! 3752 Sawtelle Blvd has been operating as a 3-unit multifamily featuring (2) 1-bed/1-bath units and (1) studio with strong value-add potential for 50+ years. City of LA has stated there are no permits on file for 3 units, however the property has 3 electric meters, has paid registration fees, 3 mailing addresses, and permits are found with the city stating 3 units. City has sent notice to owners to convert back to single family. Owners do not want the headache or have the time to do the conversion or fight the city. If you do, this property is for you. Tenants have verbally agreed to vacate cash 4 keys but sellers don't want to do it. I have acceptable contracts for them to share. Their loss is your gain. All the heavy lifting has been done so buy it and knock this flip out of the park! Can easily legalize as 3 unit using ADU law or gut renovate back to a single family home for your own. Current metrics include a 6.22% cap rate, 11.40 GRM, and ~42% rental upside once repositioned. A two-car garage with alley access offers the ability to add an ADU for further income growth. Located in the heart of LA’s Westside near Apple, Google, and Sony, the property benefits from strong tenant demand, below-market rents, and long-term appreciation drivers. A rare chance to secure a high-performing Westside investment.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
3
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Attached
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Features
Front Yard
-
Lot Size(acres)
0.0574
-
Property Type
Residential
-
Property Sub Type
Triplex
Price
-
Sales Price
$675,000
-
Sq. Footage
1, 327
-
Price/SqFt
$508
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
168
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Molly First , Lyon Stahl Investment Real Estate, Inc.
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