1826 Bundy Drive, Los Angeles

$4,600,000

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5 Beds
5 Baths
8,400 Sqft
.14 Acre
0 Garage

1826 S Bundy Drive is an 8 unit property, located in the highly desirable Sawtelle submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. "The Bundy" offers a mix of 2+2 and 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 27% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, "The Bundy" 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.)

Essential Information

MLS® #
23278555
Price
$4,600,000
Bedrooms
5
Bathrooms
5.00
Square Footage
8,400
Acres
0.14
Year Built
1973
Type
Residential Income
Status
Active

Community Information

Address
1826 Bundy Drive
Area
WLA - West Los Angeles
City
Los Angeles
County
Los Angeles
Zip Code
90025
Senior Community
N

Amenities

Parking Spaces
16
Parking
Carport
Garages
Carport

Interior

Appliances
Dryer, Washer
Cooling
Wall/Window Unit(s)
# of Stories
2
Stories
Two

Additional Information

Date Listed
June 8th, 2023
Days on Market
343
Zoning
LAR3

Listing Details

Agent
Scott Rosenberg

Office

Kidder Mathews of California, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 6:40am PDT. 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.