1826 S Bundy Drive, Los Angeles, CA, 90025

  • $4,600,000
  • $4,600,000
1826 S Bundy Drive , Los Angeles, CA 90025
Active For Sale
1826 S Bundy Drive , Los Angeles, CA 90025
  • $4,600,000
  • $4,600,000

Description

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.)

  • Address 1826 S Bundy Drive
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90025

Details

Updated on February 12, 2024 at 5:00 pm
  • Property ID: 23278555
  • Price: $4,600,000
  • Land Area: 0.1401 Acres
  • Year Built: 1973
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: Wall/Window Unit(s)
  • Zone: LAR3
  • Parking: Carport
  • Days On Market: 249
  • LotSize SquareFeet: 6103.00

Features

Listed by

Kidder Mathews of California, Inc.
Agent Name : Scott Rosenberg
Agent State License : 01456686

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