3752 sawtelle new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,327 sqft
Price per Sqft $508
MLS Listing ID CRSB25219400
Bedrooms 3
Full Baths 3
Year Built 1948
Lot Size 2,500 Sqft
Property Sub-Type Detached
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 appr
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Story 1
Water Public
Schools
School District Los Angeles Unified