3749 Westwood Boulevard Los Angeles, CA ^$ 4,000,000

3749 Westwood Boulevard

^$ 4,000,000

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3749 Westwood Boulevard

Los Angeles, CA, 90034

^$ 4,000,000

Bedrooms15 Baths10.0 Sq 6,626

Monthly Estimate*

^$ 27,941

Listed by Kidder Mathews of California, Inc.

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 1

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 2

3749 Westwood Boulevard, Los Angeles, CA 90034 - Image 3

Multi-Family Home for sale in Los Angeles, CA

for $4,000,000 with 15 bedrooms and 10 full baths. This 6,626 square foot home was built in 1956 on a lot size of 0.184.

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.)

Multi-Family Active

Price

^$ 4,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.184

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24357587

Days on Market

Features

General

Cooling WallWindowUnits

Appliances Dryer Washer

Zoning LAR3

Year Built 1956

Stories 2

Levels Two

Gross Income 224256.0

County Los Angeles

Net Operating Income 144998.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Located in Palms close to other great neighborhoods such as Culver City and Mar Vista.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C13 - Palms - Mar Vista

Lot Size Square Feet 8014.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Westwood

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Cap Rate 3.62

Exterior

Parking Features Assigned

Total Parking 0.0

Lot Size Area 8014.0

Number of Buildings 1

Spa N

Building Area Total 6626.0

Lot Dimensions 47x170

Lot Size Acres 0.184

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Boulevard

Total Bedrooms 15

Electric On Property Y/N N

Total Baths 10

Internal Only

Street Number 1 3749

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(310) 889-8738

Phone

Affordability Calculator

$27,941

Per Month

Monthly Principal & Interest: $27,941
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 50%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$4,000,000		Listed Price

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3749 Westwood Boulevard, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $4,000,000 with 6,626 sqft and a lot size of 0.184. 3749 Westwood Boulevard has 15 bedrooms, 10.0 baths, and was built in 1956. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3749 Westwood Boulevard

Multi-Family Home for sale in Los Angeles, CA

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