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$3,400,000
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Property Description
Discover an exceptional investment opportunity with this 12-unit multifamily property located at 3971-3977 Sawtelle Blvd in the heart of Culver City. Built in 1953, this classic building offers 7,344 square feet of rental space on a generous 10,633 square foot lot. With tremendous upside rental potential, this property provides a rare chance for investors to capture significant future income growth. It was last on the market in 2003, and since then, the seller has invested over $200k in capital improvements, ensuring long-term structural integrity and modernized features. Additional value comes from the potential to add four Accessory Dwelling Units (ADUs), offering further income possibilities. Positioned in a highly desirable area with access to top-tier amenities, this property presents an outstanding combination of stability and future growth potential. Don't miss this rare offering in the thriving Culver City rental market!
Full Property Details
Full Property Details for 3971 Sawtelle Blvd
General
- Sold For: $3,400,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-452627
- Added to Site: 464 day(s) ago
Interior
- Flooring: Mixed
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Community
Additional Information
- Other Features: None
Parking
- Garage Description: Garage
Location
- Area: Culver City
- County: Los Angeles
- Driving Directions: North of Washington west of the 405
Heating & Cooling
- Cooling Type: Other
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 7,344
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1953
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2442
- Lot Size: 10636
- Lot Size Source: Vendor Enhanced
- Zoning: CCR4YY
Financial Considerations
- Price Per Sq. Ft.: $510.62
- Assessment Year: 1953
- Owner Pays: Water, Other, Gardener
- Tenant Pays: Gas, Electricity, Cable TV
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4214-003-017
Listed by Power Brokers, Helen Abrishami
Sold by Coldwell Banker West, Alondra Ruiz
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Schools
Schools serving 3971 Sawtelle Blvd
School District:Culver City Unified School District
| Name | Grades | Distance |
|---|---|---|
La Ballona Elementary School 10915 Washington Boulevard, Culver City, CA 90232 | K-5 | 0.5 mi |
Culver City Middle School 4601 Elenda Street, Culver City, CA 90230 | 6-8 | 1 mi |
Culver City High School 4401 Elenda Street, Culver City, CA 90230 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3971 Sawtelle Blvd
Date
Details
Price
Change
Source
12/18/2024
Sold
$3,400,000
-9.33%
MLS
10/14/2024
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3971 Sawtelle Blvd, Los Angeles, CA 90066 (MLS# 24-452627) is a Multi-Family property that was sold at $3,400,000 on December 18, 2024. Want to learn more about 3971 Sawtelle Blvd? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

