Listing provided courtesy of Scott Rosenberg of Kidder Mathews of California, Inc.. Last updated 2023-12-01 09:11:25.000000. Listing information © 2023 CRMLS.
Asking Price: $4,600,000
1826 Bundy, Los Angeles CA 90025
Community: WLA - West Los Angeles
This property was built in 1973 and is priced at $4,600,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 371548619
- Year Built: 1973
1826 S Bundy Drive is an 8 unit property that is part of the "WLA Portfolio," a 4-property multifamily portfolio opportunity located in highly desirable Palms and Sawtelle submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "WLA 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 34% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "WLA 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.)