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2610 S Bundy Dr, Los Angeles, CA 90064
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2610 S Bundy Dr Los Angeles, CA 90064

$2,595,000
  • 11 Beds
  • 11 Baths
  • 7,825 Sq.Ft.
Pending
$2,595,000 Get Pre-Qualified
Map preview of 2610 S Bundy Dr, Los Angeles, CA 90064

Property Overview: 2610 S Bundy Dr Los Angeles, CA has 11 bedrooms, 11 bathrooms, 7,825 living square feet and 6,667 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: Prime West Los Angeles location, 3 blocks from Santa Monica. Great unit mix - 7 - 1 bedroom + 1 bath and 2 - 2 bedroom +2 bath units. Large units - 7,825 sq.ft. of building. The property was built in 1970 and it sits on a 6,655 sq. ft. lot. Long term owner. Below market rents with over 50% upside in the rent. The building is Individually metered for electricity and master metered for gas. It is located in the high demand area of West Los Angeles adjacent to Santa Monica. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City and Santa Monica's popular restaurants, bars, fitness centers and theaters. Close to the 405 and 10freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $1,068,000, 4% fixed until 7/28/2026, due in 2046. Note: The property is co-listed with Mike Poyer - Capital Real Estate Advisors

Listed by Michael A Salerno | BRE #01212427 | Michael Anthony Salerno
Last checked: 9 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
6,667
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
24360576
City
Los Angeles
County
Los Angeles
Time on Site
65 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,582
  • Total Rent: $1,582
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $1,245
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,751
  • Total Rent: $1,751
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,183
  • Total Rent: $1,183
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,414
  • Total Rent: $1,414
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,234
  • Total Rent: $1,234
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,597
  • Total Rent: $1,597
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,351
  • Total Rent: $1,351
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.96
  • Gross Scheduled Income: --
  • Net Operating Income: $105,771
  • Gross Operating Income: $174,694
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2610 S Bundy Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Tandem Garage, Covered
Property Information
  • Total # of Units: 9
  • Parcel Number: 4257005042
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Ocean Park Blvd.
View more facts & features

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Sale History for 2610 S Bundy Dr

View property's historical transactions

  • April, 2024

  • Apr 11, 2024

    Date

    Pending

    CRMLS: 24360576

    $2,595,000

    Price

  • Feb 20, 2024

    Date

    Active

    CRMLS: 24360576

    $2,595,000

    Price

  • December, 2023

  • Dec 12, 2023

    Date

    Canceled

    CRMLS: 23331841

    $2,695,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: 23331841

    $2,695,000

    Price

  • Listing provided courtesy of CRMLS

    Prime West Los Angeles location, 3 blocks from Santa Monica. Great unit mix - 7 - 1 bedroom + 1 bath and 2 - 2 bedroom +2 bath units. Large units - 7,825 sq.ft. of building. The property was built in 1970 and it sits on a 6,655 sq. ft. lot. Long term owner. Below market rents with over 50% upside in the rent. Individually metered for gas and electricity. It is located in the high demand area of West Los Angeles adjacent to Santa Monica. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City and Santa Monica's popular restaurants, bars, fitness centers and theaters. Close to the 405 and 10 freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $1,068,000, 4.0% fixed until 7/28/2026, due in 2046. PLEASE DO NOT DISTURB THE TENANTS.

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Tax History for 2610 S Bundy Dr

Assessed Value (2020): $321,121
Year Land Value Improved Value Assessed Value
2020 $60,947 $260,174 $321,121

Home Value Compared to the Market

This property vs the competition

2610 S Bundy Dr is listed 107.77% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $331.63 per/sqft which puts the price per square foot 57.04% lower than the median price per square foot for the city of Los Angeles.

About 2610 S Bundy Dr

Detailed summary of property

2610 S Bundy Dr is a multi family located in Los Angeles, CA 90064 and is currently in escrow to be sold. This multi family property offers 11 bedrooms, 11 bathrooms, roughly 7,825 living square feet, and sits on an approximately 6,667 square foot lot. 2610 S Bundy Dr was first listed on ArdentRealEstateGroup.com on February 21, 2024. The homeowner is currently asking $2,595,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 107.77% higher than the median priced home. Local competing homes currently for sale include 11940 Goshen Ave, 10772 Woodbine St and 3757 Veteran Ave. While the average home in Los Angeles, CA is selling in 97 days, 2610 S Bundy Dr has a days on market of 51 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2610 S Bundy Dr 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 2610 S Bundy Dr

Public county record property details
Beds
9
Baths
9
Year built
1970
Sq. Ft.
7,825
Lot Size
6,665
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
175
APN
4257-005-042

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
$1,849,000
Median List Price/Sq.Ft.
$999
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$639
Total Inventory
67
Median Sale to List Price %
96.76%
Avg Days on Market
34
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (16.67%)

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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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