Laura Klein
KRE + Associates
(213) 900-2162
56 Total Sales
3 in Sawtelle
$950K - $2.9M Price Range
1711 Purdue Ave Los Angeles, CA 90025
Sawtelle Neighborhood
8
Beds
11
Baths
5,820
Sq Ft
8,456
Sq Ft Lot
About This Home
As of May 2023Rare multi-family investment opportunity located at 1711 Purdue Avenue in the heart of LA's famed community of West Los Angeles. The subject property consists of 11 units and boasts a great unit mix consisting of (8) spacious 1-bedroom + 1 bath and (3) efficiency units. The building represents a quintessential value-add opportunity rarely available in such a prime location. Each of the units offers an abundance of rental upside. The size of the property is approximately 5,820 sq. ft. and the lot size is 8,456 sq. ft. that is zoned LAR3. Additional property features include on-site parking, an on-site laundry facility, and gated entry. The property still requires seismic work for its parking structure. Priced at a low $259,000 per unit and a 4.33 CAP rate, these value metrics are rarely seen on the Westside. A quick walk to high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents in one of the best locations of the Westside.
Last Agent to Sell the Property
Miller & Desatnik Realty Co. License #00893163 Listed on: 02/14/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 8,456 Sq Ft Lot
- Lot Dimensions are 61x137
Interior Spaces
- 5,820 Sq Ft Home
- 2-Story Property
- Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 11 Bathrooms
Parking
- 12 Parking Spaces
- Covered Parking
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 4261-016-006
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2023
Closed on
Apr 25, 2023
Sold by
Bought by
Seller's Agent
Errol Spiro
Miller & Desatnik Realty Co.
Buyer's Agent
Rob Renshaw
REMAX COMMERCIAL & INVESTMENT REALTY
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$385,058
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2021
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,000
Interest Rate
4.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 22, 1998
Sold by
Bought by
Purchase Details
Closed on
May 1, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sawtelle, CA
-
Laura Klein
-
Jodi Bell Ticknor
Jodi Bell Ticknor
Compass
(424) 238-6563
18 Total Sales
1 in Sawtelle
$3,095,000 Price
-
Cynthia Perez Brown
Cynthia Perez Brown
Sotheby's International Realty
(424) 367-1611
23 Total Sales
2 in Sawtelle
$905K - $1.4M Price Range
-
John Fontamillas
John Fontamillas
ALIGN HOMES
(213) 566-4452
60 Total Sales
1 in Sawtelle
$1,950,000 Price
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
136 Total Sales
3 in Sawtelle
$765K - $1.5M Price Range
-
Crosby Doe
Crosby Doe
Crosby Doe Associates, Inc.
(424) 541-1360
34 Total Sales
1 in Sawtelle
$975,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,800,000 | Old Republic Title | ||
| $2,195,000 | Chicago Title | ||
| -- | Fidelity National Title | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | $1,625,000 | ||
| Previous Owner | $1,317,000 | ||
| Previous Owner | $860,000 | ||
| Previous Owner | $619,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $2,800,000 | -1.8% | $481 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | For Sale | $2,850,000 | -- | $490 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,844 | $2,913,120 | $1,144,440 | $1,768,680 |
| 2024 | $35,422 | $2,856,000 | $1,122,000 | $1,734,000 |
| 2023 | $35,417 | $2,856,000 | $1,999,200 | $856,800 |
| 2022 | $12,399 | $964,562 | $558,898 | $405,664 |
| 2021 | $12,223 | $945,650 | $547,940 | $397,710 |
| 2019 | $11,880 | $920,033 | $531,689 | $388,344 |
| 2018 | $11,785 | $902,042 | $521,264 | $380,778 |
| 2016 | $11,198 | $864,681 | $501,024 | $363,657 |
| 2015 | $11,045 | $851,694 | $493,499 | $358,195 |
| 2014 | $11,153 | $835,012 | $483,833 | $351,179 |
Source: Public Records
Agents Affiliated with this Home
-
Errol Spiro
Seller's Agent in 2023
Errol Spiro
Miller & Desatnik Realty Co.
(310) 202-9166
12 in this area
32 Total Sales
-
Jonathan Taksa
Seller Co-Listing Agent in 2023
Jonathan Taksa
RE/MAX
(424) 672-8220
18 in this area
92 Total Sales
-
Rob Renshaw
Buyer's Agent in 2023
Rob Renshaw
RE/MAX
(424) 293-4770
4 in this area
29 Total Sales
Map
Source: The MLS
MLS Number: 23-241629
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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