3864 Sawtelle Blvd, Culver City, CA 90066

3864 Sawtelle Blvd, Culver City, CA 90066

Culver City, CA

Property Description

We are pleased to present the sale of 3864 Sawtelle Boulevard, a 2,256 SF triplex on a 6,184 SF lot located in the desirable city of Culver City. Built in 1951, 3864 Sawtelle Boulevard is comprised of three (3) one-bedroom/one-bathroom units with strong in-place current rents, with significant upside. The back unit is legally a 2-bed/1-bath, currently operating as a 1-bedroom. 3864 Sawtelle Boulevard is conveniently located in the heart of the Westside, providing easy access to the 405, 10, and 105 freeways. The property currently has three (3) single-car garages offering an investor the opportunity to take advantage of current ADU laws to convert these to an additional unit. This triplex is an excellent opportunity for an owner-user, allowing for an owner to live in one of the units while enjoying top of the market rental income from the others or a perfect investment to capitalize on the ability to add another two units due to the property’s zoning and current ADU laws.

Property Features

  • Sale Price: $1,245,000
  • Area Size: 2,256 SF
  • Land Area: 6,184 SF
  • Year Built: 1951
  • Listing Date: 10/6/2020
  • Closing Date: 12/22/20
  • Units: 3
  • Price Per Unit: $450,000
  • Current NOI: $45,461

Lyon Stahl Investment Real Estate

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