NOT LISTED FOR SALE
8 Beds
10 Baths
4,504 Sq Ft
5,009 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $2,125,000 $472 Per Sq Ft

14 Days on Market

About This Home

As of May 2022

We are pleased to present 3738 Sawtelle Boulevard, a Six (6) unit apartment building located in the heart of the highly desirable Mar Vista submarket. Built in 1964, the property is comprised of One (1) Three bedroom unit, Three (3) two bedroom units, One (1) One Bedroom units, and One (1) Studio. The 4,504 SF building is situated on a 5,009 SF lot and is zoned LAR3.3738 Sawtelle Boulevard allows investors an opportunity to acquire a very well maintained and desirably located investment property. With vacancy rates at historic lows in the area and tremendous demand from renters, an investor can realize strong upside potential in rents for years to come.

Last Agent to Sell the Property

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 03/01/2022

Last Buyer's Agent

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 03/01/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,009

Interior Spaces

  • 4,504 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Parking Spaces
  • Assigned Parking

Additional Features

  • 5,009 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4234-002-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4504
  • Lot Acreage: 0.1150
  • Probate: No
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 488.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 10

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 44.70
  • Assessed Improvement Value: 612313
  • Assessed Land Percent: 55.3
  • Assessed Land Value: 757501
  • Total Assessed Value: 1369814
  • Assessor Parcel Number: 4234-002-028
  • Lot Size Area: 5009

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.71
  • Number Of Units: 6
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
05/24/2022 05/24/22 Sold $2,125,000 -3.4% $472 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,200,000 -- $488 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-132053

The MLS