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!
Listing provided courtesy of Helen Abrishami of Power Brokers. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.