Active

3749 Westwood Blvd

Los Angeles CA, 90034

$4,000,000


$603.68 per sqft

Active

15 Beds

10 Baths

6,626 sqft

Residential

Built in 1956

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.)

24-357587

MLS ID

February 12, 2024

Listed

May 9, 2024

Updated

Map

3749 Westwood Blvd
Los Angeles CA, 90034

Interior Features

Total Stories

2


Bedrooms

15


Total Bathrooms

10


Appliances

Washer, Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Other, Wall/Window


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

Palms - Mar Vista


Days on Market

8


Garage

No


Parking

Assigned, Attached


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Scott Rosenberg with Kidder Mathews of California, Inc.
Listing Contact: 310-889-8738 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Fitzgerald Walker Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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