Listing provided courtesy of Scott Rosenberg of Kidder Mathews of California, Inc.. Last updated 2024-04-28 08:11:36.000000. Listing information © 2023 CRMLS.
Asking Price: $4,600,000
1826 Bundy, Los Angeles CA 90025
Community: WLA - West Los Angeles
Status: Active
This property was built in 1973 and is priced at $4,600,000. Please see the additional details below.
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.)