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Image 1 - 1826 S Bundy Dr, Los Angeles, California, 90025 - House for sale
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Home For Sale In Los Angeles, California
1826 S Bundy Dr, Los Angeles, California, 90025

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/11/24

1826 S Bundy Dr, Los Angeles, California, 90025

16 Bed:
18 Bath:
8,400 Sq Ft Living Area:
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Price
$ 4,6M

About This House

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, renovations 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 Angeles 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.)

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Sawtelle Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.