About 3610 Westwood Blvd
3610 Westwood Blvd is a 7 unit property (configured as 10 units) that is part of the "Westwood Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Westwood Portfolio" 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 potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 24% NOI upside across the portfolio. With its prime West Los Angeles locations, 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. (Each asset may be purchased separately or together.)
Features of 3610 Westwood Blvd
MLS® # | 23-278407 |
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Price | $3,350,000 |
Bedrooms | 13 |
Bathrooms | 14.00 |
Square Footage | 6,270 |
Acres | 0.18 |
Year Built | 1962 |
Type | Residential Income |
Sub-Type | Apartment Building |
Status | Active |
Community Information
Address | 3610 Westwood Blvd |
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Area | Palms - Mar Vista |
City | LOS ANGELES |
County | Los Angeles |
State | CA |
Zip Code | 90034 |
Amenities
Parking Spaces | 7 |
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Garages | Carport, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Other |
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Cooling | Other, Wall/Window |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Additional Information
Date Listed | June 8th, 2023 |
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Days on Market | 323 |
Zoning | LAR3 |
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Agent | Scott Rosenberg (01456686) |
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Office | Kidder Mathews of California, Inc. |