3752 Sawtelle Blvd

Investment Highlights

Property Overview

This offering presents a rare opportunity to acquire a triplex at 3752 Sawtelle Blvd in Los Angeles, CA 90066. This property is noted as one of the most affordable triplexes on the west side, offering significant potential for investors. The property is fully occupied and will not be delivered vacant, ensuring immediate income for the new owner. All purchase offers must be 100% Non-Contingent, and interested parties are encouraged to reach out for full due diligence and disclosure information. The property consists of three units and has been operating as a triplex for over 40 years, with three electric meters on site and RSO fees consistently paid. Due to city permitting challenges, the owner is being requested to convert the property to a single-family residence or pursue an ADU conversion to legalize the existing units. This situation presents a unique value-add opportunity for a buyer to either legalize the current three units or convert them to a single-family home, depending on their investment strategy. With an immediate income operating at an 11.40 GRM and 6.22% Cap Rate, this property offers strong financial performance. There is a significant 42% rental upside, with the potential to stabilize at an 8.04 GRM and 9.78% Cap Rate. The location is highly desirable, being just minutes away from major tech and entertainment companies such as Sony, Apple, HBO, Google, and Meta, making it an ideal investment for owner-users or savvy investors looking to capitalize on a scalable value-add property in a prime Los Angeles market.