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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$5,250,000
Est. payment /mo
13,201 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,201 sqft
Price per Sqft $397
MLS Listing ID CRSB25262755
HOA Y/N No
Year Built 1957
Lot Size 0.368 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
3705 Westwood Blvd is a highly coveted 16-unit multi-family asset located in the most desired pocket of LA. Close to the Culver Steps, Sony Studios, Amazon, HBO, We Work, and the list goes on. You are buying in a pocket of LA, driving the youngest demographic, and attracting the best jobs. The sky's the limit with the future appreciation of this asset. This two-story asset features a desirable mix of spacious one's and two bedroom units, as well as three bedroom units, catering to strong rental demand in this prime Westside market. Additionally, the property is fully parked with 16 parking spaces on-site. All appliances in each unit come with Choice Home Warranty covering major equipment such as Water Heaters, AC, Fridges, & Plumbing. The property has had many capital improvements, including a new roof and copper plumbing. Easily Create $1M in Profits. BUILD 5 NEW UNITS WITHOUT SACRIFICING PARKING! Speaking of upside and creating value, if you are looking to build ADU's this is the building for you. A design proposal for 4 x 2 Bedroom units and one 1-bedroom unit for a total of 5 new units and over 3300 sq ft, can be added to the property without sacrificing parking, bringing an incredible opportunity for a buyer. Build all 5 units for just $160,000 a door bringing your income up
Location
State CA
County Los Angeles
Interior
Flooring Vinyl, Wood
Fireplace No
Laundry Common Area, Other
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