3749 Westwood Boulevard, Los Angeles

$4,000,000

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7 Beds
6 Baths
6,626 Sqft
.18 Acre
0 Garage

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.)

Essential Information

MLS® #
24357587
Price
$4,000,000
Bedrooms
7
Bathrooms
6.00
Square Footage
6,626
Acres
0.18
Year Built
1956
Type
Residential Income
Status
Active

Community Information

Address
3749 Westwood Boulevard
Area
C13 - Palms - Mar Vista
City
Los Angeles
County
Los Angeles
Zip Code
90034
Senior Community
N

Amenities

Parking
Assigned
Garages
Assigned

Interior

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

Additional Information

Date Listed
February 12th, 2024
Days on Market
80
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 1st, 2024 at 11:50pm 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.