2481 Sawtelle Blvd, Los Angeles, CA 90064
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2481 Sawtelle Blvd Los Angeles, CA 90064

$1,675,000 Sold Price as of 12/05/2023
  • 5 Beds
  • 4 Baths
  • 2,375 Sq.Ft.
Sold
$1,675,000 Sold Price as of 12/05/2023 Refinance Your Mortgage

Map preview of 2481 Sawtelle Blvd, Los Angeles, CA 90064

Property Overview: 2481 Sawtelle Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,375 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity knocks. 7499 SQ FT (50'x150') of R3-1 TOC 3 land makes this an excellent West LA multi-family investment. Look at all of your neighbors and you'll notice that your property is perhaps the most underbuilt of them all. This traditional fourplex is comprised of 2 separate buildings featuring a front triplex offering 2 - 1+1s and a 2+1 remodeled in 2015 and a back 1+1 perched over 4 car garages, perfect for savvy investors or small lot developers. Separately metered for gas and electricity and tenants also pay waste disposal. Owner pays water. This is a modern professionals dream, with short distances to two different metro stops, shopping, bars, restaurants, up and coming developments along Pico including Google's One Westside and easy access to Century City, Beverly Hills, Santa Monica, and both the 405 and 10 freeways. PLEASE DO NOT DISTURB TENANTS OR ENTER PROPERTY WITHOUT AN APPT.

Listed by Eric Akutagawa | BRE #01432257 | Compass
Last checked: 3 minutes ago | Last updated: December 14th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23289205
City
Los Angeles
County
Los Angeles
Time on Site
305 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,980
  • Total Rent: $1,980
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $400
  • Total Rent: $400
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $789
  • Total Rent: $789
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $1,140
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 36.51
  • Gross Scheduled Income: --
  • Net Operating Income: $15,612
  • Gross Operating Income: $15,612
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2481 Sawtelle Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Uncovered, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 4260040011
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N/National - S/Pico - E/Barrington - W/405
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Sale History for 2481 Sawtelle Blvd

Last sold for $1,675,000 on December 5th, 2023
  • December, 2023

  • Dec 5, 2023

    Date

    Sold

    CRMLS: 23289205

    $1,675,000

    Price

  • Jul 11, 2023

    Date

    Active

    CRMLS: 23289205

    $1,888,000

    Price

  • June, 2019

  • Jun 10, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2019

  • May 10, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2481 Sawtelle Blvd

Assessed Value (2020): $126,147
Year Land Value Improved Value Assessed Value
2020 $90,982 $35,165 $126,147

Home Value Compared to the Market

This property vs the competition

2481 Sawtelle Blvd sold on December 5, 2023 for 41.85% 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 $710.74 per/sqft which puts the price per square foot 5.86% lower than the current median sale per square foot for the city of Los Angeles.

About 2481 Sawtelle Blvd

Detailed summary of property

2481 Sawtelle Blvd is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,375 living square feet, and sits on an approximately 7,499 square foot lot. 2481 Sawtelle Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2023. The homeowner sold the property for $1,675,000. 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 41.85% higher than the current median priced home. Local homes that are currently for sale include 1952 S Corning St, 8607 Airdrome St and 1647 S Holt Ave. While the average home in Los Angeles, CA is selling in 93 days, 2481 Sawtelle Blvd has a days on market of 63 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 2481 Sawtelle Blvd Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2481 Sawtelle Blvd

Public county record property details
Beds
5
Baths
4
Year built
1940
Sq. Ft.
2,375
Lot Size
7,498
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4260-040-011

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,149,000
Median List Price/Sq.Ft.
$997
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
61
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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Related Resources to 2481 Sawtelle Blvd

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.