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Los Angeles, CA 90025 1826 S Bundy Drive

$4,600,000

1826 S Bundy Drive Los Angeles, Ca - Image 11826 S Bundy Drive Los Angeles, Ca - Image 21826 S Bundy Drive Los Angeles, Ca - Image 3
2 more
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Presented By: Scott Rosenberg with Kidder Mathews of California, Inc.;
  • MLS# 23278555
  • 06/08/2023
  • Request Tour
  • Request Info
  • BedBeds • 16
  • BathBaths • 18
  • FootageSQFT • 8,400
  • GarageGarage • 1

Home Details

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.)
Presented By: Scott Rosenberg with Kidder Mathews of California, Inc.;

Interior Features for 1826 S Bundy Drive

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths18

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixDrive
Total Stories2

General for 1826 S Bundy Drive

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage Yes
Cap Rate3.67
Carport Y/NYes
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
Days on Market295
DirectionsLocated in West Los Angeles in the Sawtelle submarket, close to other great neighborhoods such as Santa Monica and Palms/Mar Vista
Garage Y/NNo
Gross Income263184.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6103.0
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
Net Operating Income168964.0
New ConstructionNo
Occupancy TypeTenant
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameBundy
Total Units8
View Y/NNo
Waterfront Y/NNo
Year Built1973
Year Built SourceAppraiser
ZoningLAR3

Exterior for 1826 S Bundy Drive

Building Area Total8400.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1401
Lot Size Area6103.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking16.0

Additional Details

Price History

1527188455

First Team Client Services

Price $4,600,000
MLS#23278555
List Date 06/08/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors