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3610 Westwood Blvd, Los Angeles, CA 90034
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3610 Westwood Blvd Los Angeles, CA 90034

$3,350,000
  • 10 Beds
  • 14 Baths
  • 6,270 Sq.Ft.
For Sale
$3,350,000 Get Pre-Qualified
Map preview of 3610 Westwood Blvd, Los Angeles, CA 90034

Property Overview: 3610 Westwood Blvd Los Angeles, CA has 10 bedrooms, 14 bathrooms, 6,270 living square feet and 7,931 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: 3610 Westwood Blvd is a 7 unit property (configured as 10 units) that is part of the "Westwood Portfolio," a 2-property multifamily portfolio opportunity located in highly desirable Palms submarkets of WLA, adjacent to bustling neighborhoods of Culver City, Santa Monica, etc. The "Westwood Portfolio" offers a diverse mix of unit types, ranging from studios to 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 24% NOI upside across the portfolio. With its prime West Los Angeles locations, distinctive features, overall condition, and upside potential, the "Westwood Portfolio" 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: 13 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 317
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Home details

Lot Sq. Ft
7,931
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23278407
City
Los Angeles
County
Los Angeles
Time on Site
324 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,206
  • Total Rent: $4,823
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,236
  • Total Rent: $3,707
  • Pro Forma/Market Rent: $6,450
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,293
  • Total Rent: $4,585
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,380
  • Total Rent: $3,380
  • Pro Forma/Market Rent: $3,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.75%
  • Gross Rent Multiplier: 16.77
  • Gross Scheduled Income: --
  • Net Operating Income: $125,680
  • Gross Operating Income: $193,802
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3610 Westwood Blvd

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Property Details for 3610 Westwood Blvd

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: 7
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 7
  • Parcel Number: 4252028015
  • 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 Palms, close to other great neighborhoods such as Culver City and Mar Vista.
View more facts & features

Local Los Angeles Agent

Sale History for 3610 Westwood Blvd

Last leased for $1,500 on November 2nd, 2023

  • November, 2023

  • Nov 2, 2023

    Date

    Leased

    CRMLS: 23317387

    $1,500

    Price

  • Oct 6, 2023

    Date

    Active

    CRMLS: 23317387

    $1,575

    Price

  • Listing provided courtesy of CRMLS

    Perfect Studio! This approx. 200 sqft. unit is located in the Palms neighborhood and includes all utilities! Kitchen features 2-burner, gas range (no oven) and a full refrigerator. Also includeds full bath, walk-in wardrobe and 1 parking space! Small Pets considered with deposit. Walking distance to grocery stores, shopping and dining on Venice and Overland Boulevards! Don't miss your chance as this unit is sure to move quickly! All utilities are included (Water, Gas, Electricity, Trash) except cable/wifi. No portable or window air conditioning units are permitted.

  • July, 2023

  • Jul 14, 2023

    Date

    Leased

    CRMLS: 23283495

    $1,595

    Price

  • Jul 4, 2023

    Date

    Active

    CRMLS: 23283495

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    Perfect Studio! This approx. 200 sqft. unit is located in the Palms neighborhood and includes all utilities! Kitchen features 2-burner, gas range (no oven) and a full refrigerator. Also includeds full bath, walk-in wardrobe and 1 parking space! Small Pets considered with deposit. Walking distance to grocery stores, shopping and dining on Venice and Overland Boulevards! Don't miss your chance as this unit is sure to move quickly! All utilities are included (Water, Gas, Electricity, Trash) except cable/wifi. No portable or window air conditioning units are permitted.

  • June, 2023

  • Jun 8, 2023

    Date

    Active

    CRMLS: 23278407

    $3,350,000

    Price

  • June, 2022

  • Jun 24, 2022

    Date

    Leased

    CRMLS: 22164639

    $1,450

    Price

  • Jun 6, 2022

    Date

    Active

    CRMLS: 22164639

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    Perfect Studio! This approx. 200 sqft. unit is located in the Palms neighborhood and includes all utilities! Kitchen features 2-burner, gas range (no oven) and a full refrigerator. Also includeds full bath, walk-in wardrobe and 1 parking space! Small Pets considered with deposit. Walking distance to grocery stores, shopping and dining on Venice and Overland Boulevards! Don't miss your chance as this unit is sure to move quickly!

  • September, 2021

  • Sep 18, 2021

    Date

    Leased

    CRMLS: 21778750

    $1,400

    Price

  • Sep 8, 2021

    Date

    Active

    CRMLS: 21778750

    $1,400

    Price

  • Listing provided courtesy of CRMLS

    Perfect Studio! This approx. 200 sqft. unit is located in the Palms neighborhood and is perfect for students and singles. All utilities included! Kitchen features 2-burner, gas range (no oven) and a full refrigerator. Also includeds full bath, walk-in wardrobe and 1 parking space! Small Pets considered with deposit. Walking distance to grocery stores, shopping and dining on Venice and Overland Boulevards! Don't miss your chance as this unit is sure to move quickly!

  • July, 2018

  • Jul 28, 2018

    Date

    Expired

    CRMLS: 18348944

    $3,100,000

    Price

  • May 30, 2018

    Date

    Active

    CRMLS: 18348944

    $3,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great location centrally located in Palms, adjacent to Culver City. Unit mix of (1) three bedroom, two bath, (5) two bedroom, two bath and (3) studio, one bath units. Value-add opportunity with upside in the rents. No seismic retrofit work required due to no tuck under parking. On-site laundry room and parking for tenants. Please see offering memorandum under Docs.

  • June, 2015

  • Jun 26, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,260,000

    Price

  • July, 2012

  • Jul 3, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,180,011

    Price

Show More

Tax History for 3610 Westwood Blvd

Assessed Value (2020): $2,483,727
Year Land Value Improved Value Assessed Value
2020 $1,738,519 $745,208 $2,483,727

Home Value Compared to the Market

This property vs the competition

3610 Westwood Blvd is listed 171.04% 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 $534.29 per/sqft which puts the price per square foot 30.88% lower than the median price per square foot for the city of Los Angeles.

About 3610 Westwood Blvd

Detailed summary of property

3610 Westwood Blvd is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 10 bedrooms, 14 bathrooms, roughly 6,270 living square feet, and sits on an approximately 7,931 square foot lot. 3610 Westwood Blvd was first listed on ArdentRealEstateGroup.com on June 8, 2023. The homeowner is currently asking $3,350,000. 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 171.04% higher than the median priced home. Local competing homes currently for sale include 8701 Olin St, 3141 S Halm Ave and 12420 Greene Ave. While the average home in Los Angeles, CA is selling in 96 days, 3610 Westwood Blvd 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 3610 Westwood Blvd Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3610 Westwood Blvd

Public county record property details
Beds
13
Baths
14
Year built
1962
Sq. Ft.
6,270
Lot Size
7,930
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
4252-028-015

The source for these homes facts are from public records.

90034 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.
$932
Median Sold Price
$1,785,000
Median Sold Price/Sq.Ft.
$1,017
Total Inventory
47
Median Sale to List Price %
99.17%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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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