3610 Westwood Blvd, Los Angeles, CA 90034
4 Multifamily Properties Offered at $13,900,000 in Los Angeles, CA
For Sale
Active
Asking Price $13,900,000
- Property Type
-
Multifamily
- Square Feet
- 25,071 SF
Listing Contacts
Scott Rosenberg
Property Overview
The properties are all well located in the highly desirable Palms submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. With trendy eateries, bars, shops, and iconic beaches just minutes away, the properties benefit from a positive trend in asking rents and legendary long-term capital appreciation. The property's proximity to renowned employers such as Sony, Apple, Google, YouTube, and Tesla makes it an attractive location for high-income renters, ensuring an excellent source of rental income for investors.
The “Westwood Portfolio” comprises 15 recorded units, with the unique advantage of being configurable into 18 units, providing flexibility and upside potential for inventors. It 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 condo conversion. The average current rents for the units are significantly below market rates, presenting an approximate 24% NOI upside.
With its prime location in Palms, 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. Contact the listing broker today to schedule a confidential property tour and learn more about this exceptional investment opportunity.
The “Westwood Portfolio” comprises 15 recorded units, with the unique advantage of being configurable into 18 units, providing flexibility and upside potential for inventors. It 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 condo conversion. The average current rents for the units are significantly below market rates, presenting an approximate 24% NOI upside.
With its prime location in Palms, 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. Contact the listing broker today to schedule a confidential property tour and learn more about this exceptional investment opportunity.
All available spaces
- Space
- Size
- 6,270 SF
- Space Subtype
- Multifamily
- Space
- Size
- 4,854 SF
- Space Subtype
- Multifamily
- Space
- Size
- 6,626 SF
- Space Subtype
- Multifamily
- Space
- Canfield Apartments
- Size
- 7,321 SF
- Space Subtype
- Multifamily
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].