See all 28 photos
$1,275,000
Est. payment /mo
3 Beds
2 Baths
1,238 SqFt
New
4216 Sawtelle BLVD Culver City, CA 90066
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,238 sqft
Price per Sqft $1,029
MLS Listing ID 26865337
Bedrooms 3
HOA Y/N No
Year Built 1933
Lot Size 4,303 Sqft
Property Description
FULLY VACANT AND RENOVATED DUPLEX + IN PROGRESS ADU: 4216 Sawtelle Blvd is a 2-unit property in Culver City built in 1933. Offered fully vacant with both units completely renovated, this duplex is a turnkey opportunity, perfect for an owner user in one of the Westside's most in-demand rental submarkets. Ownership has also nearly completed a garage conversion ADU (1BR/1BA), positioning a buyer to capture immediate upside with minimal additional investment and limited execution risk. The property encompasses approximately 1,238 square feet on a .10 acre lot and features a unit mix of (1) 2BR/1BA unit and (1) 1BR/1BA+Den unit, both delivered vacant and fully remodeled. At market rents of $4,250 and $2,650 per month, the 2 units produce scheduled annual income of $82,800. With the garage conversion ADU, projected income increases to $114,600 across 3 units. Ownership has completed numerous capital improvements in recent years. The front 2BR/1BA unit was fully renovated with new electrical, wiring, plumbing, tankless water heater, and includes its own backyard and 1 parking stall. The rear 1BR/1BA+Den unit was likewise fully renovated with new flooring, drywall, and finishes throughout, and includes its own private backyard. Both units have HVAC, dishwashers, and in-unit washers and dryers. Ownership also began converting the garage into a 1BR/1BA ADU of approximately 447 square feet, now largely complete, with a mini split already installed. The property also offers 2 parking stalls, and each unit benefits from its own private outdoor space. The building is equipped with keypad entry and security cameras throughout. The near-complete ADU conversion represents a rare opportunity to add a third income-producing unit for a fraction of typical construction costs (Buyer to Verify). Ideally situated in the vibrant Culver City submarket, the property is minutes from Downtown Culver City, the Culver City Arts District, and major employment centers including Sony Pictures Studios and the growing media and technology cluster along Washington and Culver Boulevards. The area benefits from excellent access to the Expo Line, strong retail and dining, and consistently high rental demand.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCR4YY
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 2
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4217011031
Special Listing Condition Standard

Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc. #02128816
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