1826 South Bundy Drive
1826 South Bundy Drive
$4,600,000
16
18
8,400
8,400
$548
Description
1826 S Bundy Drive is an 8 unit property, located in the highly desirable Sawtelle submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. "The Bundy" offers a mix of 2+2 and 3+3 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 27% NOI upside across the portfolio. With its prime...1826 S Bundy Drive is an 8 unit property, located in the highly desirable Sawtelle submarket of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. "The Bundy" offers a mix of 2+2 and 3+3 units, with opportunities for additional upside from ADU conversions, renovations upon turnover and even potential condo conversions. The average current rents for the units are significantly below market rates, presenting an approximate 27% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, "The Bundy" presents an outstanding opportunity for qualified investors looking to meaningfully expand their real estate investment portfolio in WLA. (Each asset may be purchased separately or together.)
- Listed by Scott Rosenberg • DRE #01456686 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 1826 South Bundy Drive
Zoning
LAR3
Parcel Number4259017027
Total Units8.0
Living Area8400
Source Living AreaVendor Enhanced
AreaWest Los Angeles (WLA)
Vacancy Rate0
Lot Size Area6103
Location
LISTING UPDATED: 03/29/2024 05:04 PM
Property Details for 1826 South Bundy Drive
Status | Active |
---|---|
MLS # | 23-278555 |
Days on Market | 323 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | 0.14 AC / 6,103 SF |
County | Los Angeles County |
Location
Building Information for 1826 South Bundy Drive
Stories2Residences-Year Built1973Building Size-Lot Size0.14 AC / 6,103 SF
Payment Calculator
$28,530 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1826 South Bundy Drive
Property History for 1826 South Bundy Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1826 South Bundy Drive
Taxable ValueLand$2,827,824Additions$495,164Total$3,322,988
Tax Record2023$41,115 ($3,426 / month)
Home Facts
Total Finished SqFt8,400 SqFtAbove Grade Finished SqFt8,400 SqFtLot Size6,103 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningLAR3CountyLOS ANGELESAPN4259-017-027
Schools near 1826 South Bundy Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 7 |
Rating | School | Distance |
---|---|---|
Brockton Avenue Elementary School PublicK to 5 | ||
Daniel Webster Middle School Public6 to 8 | ||
University Senior High School Charter Charter9 to 12 | ||
Citizens of the World Charter School Mar Vista CharterK to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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