$3,250,000
$250K PRICE DROP

Estimated payment $20,924/month

Total Views 2,180
12 Beds
15 Baths
7,571 Sq Ft
$429 Price per Sq Ft

About This Home

$250,000 Price Reduction! 4600 Sawtelle Blvd is a well-maintained 14-unit apartment building situated on the northeast corner of Sawtelle Boulevard and Braddock Drive in the highly desirable Culver City area of West Los Angeles. The property is located in Los Angeles city, under LA Rent Stabilization Ordinance (RSO), with a Culver City zip code. Built in 1965, the property features a mix of one-bedroom, two-bedroom, and studio apartments, offering a diverse rental profile to meet a range of tenant needs. The building spans 7,571 square feet and sits on a 10,428 square foot lot (0.24 acres). With easy access to major freeways (10 and 405), this property is just minutes from key employment centers including Culver City, Silicon Beach, and the Westside, making it a highly attractive location for renters.While the property is currently generating steady rental income, it offers significant upside potential with opportunities for rent increases upon tenant turnover. Additionally, the required soft-story retrofit may be suitable for an ADU conversion (buyer to verify), which would further enhance the property's unit count and income potential. The seller currently has plans approved to convert the laundry room and a portion of the covered parking into a one-bedroom, one-bathroom ADU of approximately 536 sqft.

Listing Agent

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 07/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,428 Sq Ft Lot

Interior Spaces

  • 7,571 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 15 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 14 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 14 Units
  • Vacancy Allowance $8,759

Listing and Financial Details

  • Assessor Parcel Number 4215-023-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7571
  • Lot Acreage: 0.2394
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 429.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 10
  • Parking Garage: Carport, Driveway
  • Total Parking: 14

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 74.66
  • Assessed Land Percent: 25.34
  • Assessor Parcel Number: 4215-023-030
  • Lot Size Area: 10428

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.13
  • Number Of Units: 14
  • Total Annual Expense: 89553
  • Type Of Units: 14
  • Vacancy Allow: 8759
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 7

Map

Range of Values:

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Average Value
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List 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 Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $3,250,000 -7.1% $429 / Sq Ft
07/08/2025 07/08/25 For Sale $3,500,000 -- $462 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25561851

The MLS