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1546 S Bundy Dr Los Angeles, CA 90025

$5,860,000 Sold Price as of 07/22/2019

21 Beds
21 Baths
11,672 Sq.Ft.

Sold

$5,860,000 Sold Price as of 07/22/2019 Refinance Your Mortgage

Map preview of 1546 S Bundy Dr, Los Angeles, CA 90025

Property Overview: 1546 S Bundy Dr Los Angeles, CA has 21 bedrooms, 21 bathrooms, 11,672 living square feet and 8,815 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NON-RENT-CONTROLLED. Golden opportunity to purchase an exceptional 12-unit multifamily complex within walking distance to METRO STATION. Built in 1987, this well-maintained 11670+ SF building is on a wide and expansive 8800+ SF lot in the heart of West Los Angeles. Approx 16.59 GRM. Easy-to-manage turnkey asset in a superb rental location. Excellent mix of 9 two-bedroom and 3 one-bedroom apartments -- yielding 21 large bedrooms, 21 bathrooms, 22 parking spaces, 12 balconies, and 12 fireplaces. Units are bright, with central AC and heat. Building has secure entry, gated garage, and community laundry room. Tremendous upside potential through cosmetic and other improvements. Short stroll to Metro Expo light-rail station near Bundy and Olympic. WalkScore of 90/100 ("Walker's Paradise"). Centrally located near 10 and 405 freeways, as well as Brentwood, Sawtelle, Santa Monica, Westwood and Century City. Please do not disturb occupants.

Listed by Dennis Wong | BRE #01895999 | Sunshine Realty
Co-listed by Felix Wong | BRE #01198940 | Sunshine Realty

Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft: 8,815
HOA Dues: $0/mo
Year built: 1987
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19471810
City: Los Angeles
County: Los Angeles
Time on Site: 1214 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 12
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,600
Total Rent: $2,600
Pro Forma/Market Rent: $3,000

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,600
Total Rent: $2,600
Pro Forma/Market Rent: $3,000

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,495
Total Rent: $2,495
Pro Forma/Market Rent: $3,000

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,100
Total Rent: $2,100
Pro Forma/Market Rent: $2,600

Unit Breakdown 5

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $2,500
Pro Forma/Market Rent: $2,800

Unit Breakdown 6

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,100
Total Rent: $2,100
Pro Forma/Market Rent: $2,400

Unit Breakdown 7

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,495
Total Rent: $2,495
Pro Forma/Market Rent: $2,800

Unit Breakdown 8

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,550
Total Rent: $2,550
Pro Forma/Market Rent: $2,800

Unit Breakdown 9

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,100
Total Rent: $2,100
Pro Forma/Market Rent: $2,400

Unit Breakdown 10

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,495
Total Rent: $2,495
Pro Forma/Market Rent: $3,000

Unit Breakdown 11

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,495
Total Rent: $2,495
Pro Forma/Market Rent: $3,000

Unit Breakdown 12

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $3,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 16.59
Gross Scheduled Income: --
Net Operating Income: $229,071
Gross Operating Income: $331,468
Improvements Total: $1,099,526

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1546 S Bundy Dr

Interior Features

Cooling Information

Has Cooling
Central Air

Laundry Information

Has Laundry
Washer Included, Dryer Included

Kitchen Information

Has Appliances
Refrigerator, Dishwasher

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Subterranean, Garage Door Opener, Controlled Entrance, Community Structure

Property Information

Total # of Units: 12
Parcel Number: 4263036037

Location / Neighborhood

Location Information

Directions: On Bundy Drive, just south of Santa Monica Blvd. (Approx 15 min walk to Metro Expo Line near Bundy/Olympic)

View more facts & features

Local Los Angeles Agent

Sale History for 1546 S Bundy Dr

Last leased for $3,550 on February 15th, 2021

May, 2021
May 15, 2021

Date

Canceled

CRMLS: 20660816

$2,500

Price
Jan 9, 2021

Date

Pending

CRMLS: 20660816

$2,500

Price
Nov 21, 2020

Date

Price Change

CRMLS: 20660816

$2,500

Price
Nov 17, 2020

Date

Active

CRMLS: 20660816

$3,495

Price
Listing provided courtesy of CRMLS

ONE MONTH FREE ON ALL NEW LEASES! Nestled in the eclectic, heritage rich neighborhood of West LA, 1546 South Bundy is centrally located to the best amenities Los Angeles has to offer. This unit is ready for its first occupant after a full condo level remodel. Unit amenities include: Upscale chef kitchen, stainless steel appliances, quartz countertops w/ waterfall edge, dishwasher, lots of good counter space, in-unit washer and dryer, oversized open concept living & dining room, in ceiling lighting in all rooms, chic tiled bathrooms, large custom closets, central A/C & heating w/ Nest Thermostat, private balcony, new double pane windows, secure parking included and a BBQ/picnic area for residents. All units are pet friendly.

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March, 2021
Mar 12, 2021

Date

Leased

CRMLS: 20663180

$3,550

Price
Feb 27, 2021

Date

Expired

CRMLS: 20663180

$3,350

Price
Dec 1, 2020

Date

Price Change

CRMLS: 20663180

$3,350

Price
Nov 23, 2020

Date

Active

CRMLS: 20663180

$3,417

Price
Listing provided courtesy of CRMLS

ONE MONTH FREE ON ALL NEW LEASES! Nestled in the eclectic, heritage rich neighborhood of West LA, 1546 South Bundy is centrally located to the best amenities Los Angeles has to offer. This unit is ready for its first occupant after a full condo level remodel. Unit amenities include: Upscale chef kitchen, stainless steel appliances, quartz countertops w/ waterfall edge, dishwasher, lots of good counter space, in-unit washer and dryer, oversized open concept living & dining room, in ceiling lighting in all rooms, chic tiled bathrooms, large custom closets, central A/C & heating w/ Nest Thermostat, private balcony, new double pane windows, secure parking included and a BBQ/picnic area for residents. All units are pet friendly.

Continue Reading
February, 2021
Feb 27, 2021

Date

Expired

CRMLS: 20660832

$3,895

Price
Jan 6, 2021

Date

Price Change

CRMLS: 20660832

$3,895

Price
Nov 17, 2020

Date

Active

CRMLS: 20660832

$4,495

Price
Listing provided courtesy of CRMLS

ONE MONTH FREE ON ALL NEW LEASES! Nestled in the eclectic, heritage rich neighborhood of West LA, 1546 South Bundy is centrally located to the best amenities Los Angeles has to offer. This unit is ready for its first occupant after a full condo level remodel. Unit amenities include: Upscale chef kitchen, stainless steel appliances, quartz countertops w/ waterfall edge, dishwasher, lots of good counter space, in-unit washer and dryer, oversized open concept living & dining room, in ceiling lighting in all rooms, chic tiled bathrooms, large custom closets, central A/C & heating w/ Nest Thermostat, private balcony, new double pane windows, secure parking included and a BBQ/picnic area for residents. All units are pet friendly.

Continue Reading
November, 2020
Nov 16, 2020

Date

Canceled

CRMLS: 20628310

$2,500

Price
Nov 11, 2020

Date

Price Change

CRMLS: 20628310

$2,500

Price
Oct 24, 2020

Date

Price Change

CRMLS: 20628310

$2,550

Price
Oct 13, 2020

Date

Price Change

CRMLS: 20628310

$2,800

Price
Oct 7, 2020

Date

Price Change

CRMLS: 20628310

$2,935

Price
Oct 1, 2020

Date

Price Change

CRMLS: 20628310

$2,995

Price
Sep 4, 2020

Date

Active

CRMLS: 20628310

$3,295

Price
Listing provided courtesy of CRMLS

Video tour/3D tour available! 4 WEEKS FREE RENT ON ALL NEW LEASES! Welcome to 1546 Bundy, where your new home awaits. Everything you see in this 1bed/1bath is brand new and ready for its first use since the remodel. The large sliding glass windows leading to your balcony illuminate the space as you enter the home. The brand new kitchen features a waterfall countertop with subway tile backsplash and all stainless steel appliances. The spa like baths have been completely redone with chic tiling and a bath tub ready for you to unwind in after a long day at the office. Other features include NEST thermostat, Central AC/Heat, New double pane windows(NO noise off Bundy), In unit Washer/Dryer, secure parking(Entrance from the back of the building) and a BBQ/Picnic area for the community.With a "WalkScore" of 94/100, you are located seconds from everything you need.Price reflects factoring in the 4free weeks into the 12month lease term

Continue Reading
November, 2020
Nov 16, 2020

Date

Canceled

CRMLS: 20628302

$3,417

Price
Oct 24, 2020

Date

Price Change

CRMLS: 20628302

$3,417

Price
Oct 13, 2020

Date

Price Change

CRMLS: 20628302

$3,675

Price
Oct 7, 2020

Date

Price Change

CRMLS: 20628302

$3,850

Price
Oct 1, 2020

Date

Price Change

CRMLS: 20628302

$3,995

Price
Sep 4, 2020

Date

Active

CRMLS: 20628302

$4,350

Price
Listing provided courtesy of CRMLS

Video tour/3D tour available! 4 WEEKS FREE RENT ON ALL NEW LEASES! Welcome to 1546 Bundy, where your new home awaits. Everything you see in this 2bed/2bath is brand new and ready for its first use since the remodel. The large sliding glass windows leading to your balcony illuminate the space as you enter the home. The brand new kitchen features a waterfall countertop with subway tile backsplash and all stainless steel appliances. The spa like baths have been completely redone with chic tiling and a bath tub ready for you to unwind in after a long day at the office. Other features include NEST thermostat, Central AC/Heat, New double pane windows(NO noise off Bundy), In unit Washer/Dryer, 2 secure parking(Entrance from the back of the building) and a BBQ/Picnic area for the community.With a "WalkScore" of 94/100, you are located seconds from everything you need.Price reflects factoring in the 4free weeks into the 12month lease term.

Continue Reading
November, 2020
Nov 16, 2020

Date

Canceled

CRMLS: 20628220

$4,495

Price
Sep 4, 2020

Date

Active

CRMLS: 20628220

$4,495

Price
Listing provided courtesy of CRMLS

Video tour/3D tour available! 4 FREE RENT ON ALL NEW LEASES! Welcome to 1546 Bundy, where your new home awaits. Everything you see in this top floor 2bed/2bath is brand new and ready for its first use since the remodel. The enormous ceiling height of the living room greets you with natural light from the massive windows as you enter the home. The brand new kitchen features a waterfall countertop with subway tile backsplash and all stainless steel appliances. The spa like baths have been completely redone with chic tiling and a bath tub ready for you to unwind in after a long day at the office. Other features include NEST thermostat, Central AC/Heat, private balcony, New double pane windows(NO noise off Bundy), In unit Washer/Dryer, 2 secure parking(Entrance from the back of the building) and a BBQ/Picnic area for the community.With a "WalkScore" of 94/100, you are located seconds from everything you need.Price reflects factoring in the free month into the lease term

Continue Reading
July, 2019
Jul 22, 2019

Date

Sold

CRMLS: 19471810

$5,860,000

Price
Jun 20, 2019

Date

Pending

CRMLS: 19471810

$5,500,000

Price
Jun 17, 2019

Date

Active Under Contract

CRMLS: 19471810

$5,500,000

Price
Jun 1, 2019

Date

Active

CRMLS: 19471810

$5,500,000

Price
July, 2019
Jul 22, 2019

Date

Sold (Public Records)

Public Records

$5,860,000

Price

Tax History for 1546 S Bundy Dr

Assessed Value (2020): $5,860,000

Year	Land Value	Improved Value	Assessed Value
2020	$4,860,000	$1,000,000	$5,860,000

Home Value Compared to the Market

This property vs the competition

1546 S Bundy Dr sold on July 22, 2019 for 362.18% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $471.21 per/sqft which puts the price per square foot 37.59% lower than the current median sale per square foot for the city of Los Angeles.

About 1546 S Bundy Dr

Detailed summary of property

1546 S Bundy Dr is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 21 bedrooms, 21 bathrooms, roughly 11,672 living square feet, and sits on an approximately 8,815 square foot lot. 1546 S Bundy Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $5,860,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 362.18% higher than the current median priced home. Local homes that are currently for sale include 3438 Potomac Ave, 1439 N Curson Ave and 1627 N Poinsettia Pl. While the average home in Los Angeles, CA is selling in 93 days, 1546 S Bundy Dr has a days on market of 14 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1546 S Bundy Dr Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1546 S Bundy Dr

Public county record property details

Beds: --
Baths: --
Year built: 1987
Sq. Ft.: 11,672
Lot Size: 8,814
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18,19
APN: 4263-036-037

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,149,000

Median List Price/Sq.Ft.

$743

Median Sold Price

$1,100,935

Median Sold Price/Sq.Ft.

$698

Total Inventory

108

Median Sale to List Price %

104.95%

Avg Days on Market

Loan Type

Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.