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1826 S Bundy Dr, Los Angeles, CA 90025
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1826 S Bundy Dr Los Angeles, CA 90025

$4,600,000
  • 18 Beds
  • 18 Baths
  • 8,400 Sq.Ft.
For Sale
$4,600,000 Get Pre-Qualified
Map preview of 1826 S Bundy Dr, Los Angeles, CA 90025

Property Overview: 1826 S Bundy Dr Los Angeles, CA has 18 bedrooms, 18 bathrooms, 8,400 living square feet and 6,103 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 | BRE #01456686 | Kidder Mathews of California, Inc.
Last checked: 1 minute ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 317
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Home details

Lot Sq. Ft
6,103
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23278555
City
Los Angeles
County
Los Angeles
Time on Site
324 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,363
  • Total Rent: $6,726
  • Pro Forma/Market Rent: $7,700
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,534
  • Total Rent: $15,206
  • Pro Forma/Market Rent: $19,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.67%
  • Gross Rent Multiplier: 17.36
  • Gross Scheduled Income: --
  • Net Operating Income: $168,964
  • Gross Operating Income: $257,088
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1826 S Bundy Dr

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Property Details for 1826 S Bundy Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 8
  • Parcel Number: 4259017027
  • Year Built Source: Appraiser
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located in West Los Angeles in the Sawtelle submarket, close to other great neighborhoods such as Santa Monica and Palms/Mar Vista
View more facts & features

Local Los Angeles Agent

Sale History for 1826 S Bundy Dr

Last leased for $2,595 on April 9th, 2024

  • April, 2024

  • Apr 9, 2024

    Date

    Leased

    CRMLS: 24365879

    $2,595

    Price

  • Mar 7, 2024

    Date

    Active

    CRMLS: 24365879

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 2BD/ 1.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • September, 2023

  • Sep 27, 2023

    Date

    Leased

    CRMLS: 23308815

    $2,650

    Price

  • Sep 12, 2023

    Date

    Active

    CRMLS: 23308815

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 2BD/ 1.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • July, 2023

  • Jul 31, 2023

    Date

    Leased

    CRMLS: 23283485

    $2,550

    Price

  • Jul 24, 2023

    Date

    Active

    CRMLS: 23283485

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 2BD/ 1.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • June, 2023

  • Jun 8, 2023

    Date

    Active

    CRMLS: 23278555

    $4,600,000

    Price

  • February, 2023

  • Feb 11, 2023

    Date

    Leased

    CRMLS: 22224551

    $2,500

    Price

  • Dec 9, 2022

    Date

    Active

    CRMLS: 22224551

    $2,650

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 2BD/ 1.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • November, 2022

  • Nov 5, 2022

    Date

    Leased

    CRMLS: 22190085

    $3,400

    Price

  • Aug 16, 2022

    Date

    Active

    CRMLS: 22190085

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 3BD, 2.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • July, 2022

  • Jul 4, 2022

    Date

    Leased

    CRMLS: 22159921

    $2,500

    Price

  • May 20, 2022

    Date

    Active

    CRMLS: 22159921

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Westside Livin' on Bundy! 2BD/ 1.5BA -- This spacious townhouse features a large living area that opens to a well-appointed, eat-in kitchen. All necessary appliances are included - fridge, stove, microwave and dishwasher. A downstairs half bath is perfect for entertaining. Both upstairs bedrooms are similar in size with large windows and one features a large walk-in closet. The second, full bathroom in the hallway is very convenient to share. A large, elegant fireplace provides comfort and luxury in the main living area. The unit also includes two secured parking spaces in an underground garage (tandem back-to-back). The complex is a short distance to Stoner Park, Trader Joes, and the Expo Line, taking you to Downtown Santa Monica and Downtown LA within minutes. PLUS, Sawtelle "Little Osaka", Brentwood, Santa Monica, UCLA School of Nursing, and Anderson School of Management are only few minutes' drive from here. Available now for a 12-month lease (minimum). Will consider pets with an increased deposit.

  • August, 2013

  • Aug 2, 2013

    Date

    Sold (Public Records)

    Public Records

    $2,820,028

    Price

  • May, 2008

  • May 5, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1826 S Bundy Dr

Assessed Value (2020): $3,161,220
Year Land Value Improved Value Assessed Value
2020 $2,690,148 $471,072 $3,161,220

Home Value Compared to the Market

This property vs the competition

1826 S Bundy Dr is listed 272.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $547.62 per/sqft which puts the price per square foot 29.16% lower than the median price per square foot for the city of Los Angeles.

About 1826 S Bundy Dr

Detailed summary of property

1826 S Bundy Dr is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 18 bedrooms, 18 bathrooms, roughly 8,400 living square feet, and sits on an approximately 6,103 square foot lot. 1826 S Bundy Dr was first listed on ArdentRealEstateGroup.com on June 8, 2023. The homeowner is currently asking $4,600,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 272.17% higher than the median priced home. Local competing homes currently for sale include 11473 Venice Blvd, 10357 Ashton Ave and 3749 Westwood Blvd. While the average home in Los Angeles, CA is selling in 96 days, 1826 S Bundy Dr has a days on market of 317 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1826 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 1826 S Bundy Dr

Public county record property details
Beds
16
Baths
18
Year built
1973
Sq. Ft.
8,400
Lot Size
6,102
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
4259-017-027

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
$1,199,000
Median List Price/Sq.Ft.
$767
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$733
Total Inventory
104
Median Sale to List Price %
96.53%
Avg Days on Market
25
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (6.67%), Other (6.67%)

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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.

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