Discover an exceptional investment opportunity with this 12-unit multifamily property located at 3971-3977 Sawtelle Blvd in the heart of Culver City. Built in 1953, this classic building offers 7,344 square feet of rental space on a generous 10,633 square foot lot. With tremendous upside rental potential, this property provides a rare chance for investors to capture significant future income growth. It was last on the market in 2003, and since then, the seller has invested over $200k in capital improvements, ensuring long-term structural integrity and modernized features. Additional value comes from the potential to add four Accessory Dwelling Units (ADUs), offering further income possibilities. Positioned in a highly desirable area with access to top-tier amenities, this property presents an outstanding combination of stability and future growth potential. Don't miss this rare offering in the thriving Culver City rental market!
Property Details
Property Features
Property Information:
Year Built: 1953
Stories: 2
Living Area: 7,344 SqFt
Listing Office:
Office Name: Power Brokers
Office Phone: (424) 738-5900
Listing Agent: Helen Abrishami
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: North of Washington west of the 405
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $511/SqFt
Tax Information:
Annual Amount: $26,244
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.7M more than the Median Sold Price and $130/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24452627
Listing Office:
Office Name: Power Brokers
Office Phone: (424) 738-5900
Listing Agent: Helen Abrishami
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 08, 1998
Sep 08, 1998Home Sold
$710,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$26,244
$1,839,377
2020
$25,471
$1,820,062
2019
$25,032
$1,784,376
2018
$24,467
$1,749,389
2017
$24,467
$1,715,088
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
La Ballona Elementary School
10915 Washington Blvd
Distance between this listing and this school0.57 miles
Public District Grades KG-5
7
/10
Charnock Road Elementary
11133 Charnock Rd
Distance between this listing and this school0.69 miles
Public District Grades KG-5
5
/10
Grand View Boulevard Elementary School
3951 Grand View Blvd
Distance between this listing and this school0.81 miles
Public District Grades KG-5
Nearby Schools
7
/10
Icef Vista Middle Academy
4471 Inglewood Blvd
Distance between this listing and this school0.91 miles
Public Charter Grades 6-8
6
/10
Culver City Middle School
4601 Elenda St
Distance between this listing and this school0.92 miles
Public District Grades 6-8
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school1.10 miles
Public District Grades 6-8
Nearby Schools
8
/10
Culver City High School
4401 Elenda St
Distance between this listing and this school0.85 miles
Public District Grades 9-12
2
/10
Phoenix Continuation
12971 Zanja St
Distance between this listing and this school1.55 miles
Public District Grades 9-12
7
/10
Venice High School
13000 Venice Blvd
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $55,422. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3971 Sawtelle Blvd
What is the listing price of this property?
The listing price of 3971 Sawtelle Blvd property is $3,750,000.
What type of property is this?
The property 3971 Sawtelle Blvd is a house located in Los Angeles, California, 90066.
Is this property for sale now?
Active Listing: 3971 Sawtelle Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $26,244 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 8, 1998 for $710,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3971 Sawtelle Blvd has 12 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 3971 Sawtelle Blvd is 7,344 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3971 Sawtelle Blvd is 1953.
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This home is located at 3971 Sawtelle Blvd in Los Angeles, CA and zip code 90066 in the McLaughlin neighborhood. This 7,344 square foot home, which was built in 1953, sits on a 0.24 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $3,750,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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