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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$675,000

Est. payment - /mo

3 Beds

3 Baths

1,327 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,327 sqft

Price per Sqft $508

MLS Listing ID SB25219400

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1948

Lot Size 2,500 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4234002025

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Molly First Lyon Stahl Investment Real Estate, Inc. 310-913-2488

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3752 sawtelle Los Angeles, CA 90066