$5,250,000

Estimated payment $32,921/month

8 Beds
6 Baths
13,201 Sq Ft
$398 Price per Sq Ft

Highlights

  • Golf Course Community
  • Wood Flooring
  • Hiking Trails
  • 0.37 Acre Lot
  • No HOA
  • Park

About This Home

3705 Westwood Blvd is a highly coveted 16-unit multi-family asset located in the most desired pocket of LA. Close to the Culver Steps, Sony Studios, Amazon, HBO, We Work, and the list goes on. You are buying in a pocket of LA, driving the youngest demographic, and attracting the best jobs. The sky's the limit with the future appreciation of this asset. This two-story asset features a desirable mix of spacious one's and two bedroom units, as well as three bedroom units, catering to strong rental demand in this prime Westside market. Additionally, the property is fully parked with 16 parking spaces on-site. All appliances in each unit come with Choice Home Warranty covering major equipment such as Water Heaters, AC, Fridges, & Plumbing. The property has had many capital improvements, including a new roof and copper plumbing. Easily Create $1M in Profits. BUILD 5 NEW UNITS WITHOUT SACRIFICING PARKING! Speaking of upside and creating value, if you are looking to build ADU's this is the building for you. A design proposal for 4 x 2 Bedroom units and one 1-bedroom unit for a total of 5 new units and over 3300 sq ft, can be added to the property without sacrificing parking, bringing an incredible opportunity for a buyer. Build all 5 units for just $160,000 a door bringing your income up to $50,515.44. To build for $160k a door in this neighborhood alone will create an additional $1.8 Million in value with $1 Million in profits. This is the easiest way to more than double your money in one year.

Listing Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 11/20/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.37 Acre Lot
  • Two or More Common Walls
  • Fenced
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 13,201 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 16 Parking Spaces
  • 16 Detached Carport Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Paved Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 1234
  • Assessor Parcel Number 4252026036
  • $2,023 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails

Building Details

  • Rent Control
  • Electric Expense $9,253
  • Professional Management Expense $22,782
  • Trash Expense $5,940
  • Operating Expense $138,980
  • Gross Income $441,976
  • Net Operating Income $302,996

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • CapRate: 5.77
  • Professional Management Expense: 22782.00
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4252026036
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Wood
  • Entry Level: 1
  • Price Per Square Foot: 397.70

Exterior Features

  • Fence: Yes
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 16.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway - Combination, Paved
  • Total Parking Spaces: 16.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 5940.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Dog Park, Golf, Hiking, Park, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16010.00
  • Lot Size Acres: 0.3675

Multi Family

  • Average1 Bed Area: 684 Square Feet
  • Average2 Bed Area: 855 Square Feet
  • Average3 Bed Area: 1026 Square Feet
  • Electric Expense: 9253.00
  • Gross Income: 441976.00
  • Gross Multiplier: 11.52
  • Gross Scheduled Income: 455645.00
  • Laundry Income: 425.00
  • Lot Size Area: 16010.0000 Square Feet
  • Net Operating Income: 302996.00
  • Number Of Units Total: 16
  • Operating Expense: 138980.00
  • Rent Control: Yes
  • Total Expenses: 138980.00

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 1234
  • TaxOtherAnnualAssessmentAmount: 2023.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $5,250,000 -- $398 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25262755

California Regional Multiple Listing Service (CRMLS)