3971 Sawtelle BLVD Los Angeles, CA 90066

Name: Open House - 11AM-4PM
Start: 2025-11-01T11:30:00.000Z
End: 2025-11-01T16:00:00.000Z
Location: 29193 Black Oak, Lake Elsinore, CA 92530

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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Key Details

Sold Price $3,400,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,344 sqft

Price per Sqft $462

MLS Listing ID 24452627

Sold Date 12/18/24

Bedrooms 12

HOA Y/N No

Year Built 1953

Lot Size 10,637 Sqft

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!