About 1826 S Bundy Dr
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.)
Features of 1826 S Bundy Dr
| MLS® # | 23-278555 |
|---|---|
| Price | $4,600,000 |
| Bedrooms | 16 |
| Bathrooms | 18.00 |
| Square Footage | 8,400 |
| Acres | 0.14 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 1826 S Bundy Dr |
|---|---|
| Area | West L.A. |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90025 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Garages | Garage Is Attached, Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other, Wall/Window |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | June 8th, 2023 |
|---|---|
| Days on Market | 323 |
| Zoning | LAR3 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Scott Rosenberg (01456686) |
|---|---|
| Office | Kidder Mathews of California, Inc. |