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$4600000   Price Analysis
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1826 S Bundy Dr
Los Angeles, CA 90025
16 bed 18 bath 8400 SqFt ($547/SqFt)
6103SqFt lot. Built 1973
Listed 2023-06-08
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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, renovatons 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 Ange les 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.)


Presented by Scott Rosenberg at
Kidder Mathews of California, Inc.
Listing Agent Photo

Property MLS #23-278555 from TheMLSCLAW

Bedrooms: 16

Total Bathrooms: 18
Full Bathrooms: 18

Cooling Features: Wall/Window

Lot Size Acres: 0.1401056
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6103

Garage Description: Garage Is Attached, Carport
Parking Total: 16

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 8
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 19500, 2 BedsTotal: 3, 2 BathsTotal: 3, 2 SquareFeet: 7700

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.67
Directions: Located in West Los Angeles in the Sawtelle submarket, close to other great neighborhoods such as Santa Monica and Palms/Mar Vista
Source Property Type: Residential Income
Area: West L.A.
Source Neighborhood: West L.A.
Parcel Number: 4259-017-027
Postal Code Plus 4: 5222
Zoning: LAR3
Source System Name: C2C

Listed 2023-06-08
$4600000
TheMLSCLAW

Net Operating Income: 168964

Total Square Feet Living: 8400
Year Built: 1973
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 51
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Appraiser

Other Equipment: Dryer, Washer

Brockton Avenue Elementary School is a public elementary school located approximately 0.6 miles away.
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University Senior High School Charter is a public high school located approximately 0.7 miles away.
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Daniel Webster Middle School is a public middle school located approximately 1.4 miles away.
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Westview School is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.