$3,799,000

Multi Family In Sawtelle

  • 12 Beds
  • 14 Baths
  • 4,004 Sqft lot
  • Updated: May 23
  • 1
    Views for last 30 days
  • 2
  • Source:
    San Diego MLS  MLS#BB26100050

About the Property

1954 Purdue St is a boutique collection of three brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All three residences leased in just TWO WEEKS at premium rental rates of $7,950/
1954 Purdue St is a boutique collection of three brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All three residences leased in just TWO WEEKS at premium rental rates of $7,950/month for the 4 bedroom + den residence, $7,600/month for the 4 bedroom residence, and $5,450/month for the 3 bedroom residence, generating an impressive $250,800 in annual gross income. The rapid lease up showcases extremely strong tenant demand and the propertys ability to attract A+ renters immediately. The tenant make up is primarily young professionals and recent UCLA graduates drawn to the propertys luxury finishes, oversized layouts, and unbeatable Westside location. Ideally positioned just 1.5 miles from UCLA and moments from the renowned Sawtelle Boulevard dining corridor, the property benefits from constant demand driven by students, medical employees, tech workers, and Westside creatives seeking luxury rental housing near major employment and lifestyle hubs. Residents enjoy close proximity to acclaimed dining destinations including Tsujita LA Artisan Noodle and n/naka, along with everyday conveniences such as Mitsuwa Marketplace and Trader Joe’s. Each residence was designed with high end residential finishes intended to compete with luxury single family homes, featuring expansive kitchen islands, custom cabinetry and millwork, marble style surfaces, oversized layouts averaging over 1,600 square feet, and seamless indoor outdoor living. Centrally located near Brentwood, Westwood, and Santa Monica with convenient access to the 10 and 405 freeways, 1954 Purdue St offers investors a rare opportunity to acquire a newly constructed, non rent controlled luxury asset in one of LAs most supply constrained and consistently high demand rental markets.
  • Property type

    Other

  • Floors

    3

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1954 Purdue, Los Angeles, California, United States View on Google Maps
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Inc. - Burbank

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Inc. - Burbank
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Inc. - Burbank
Burbank, California, United States
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Last updated
May 23
First listed
May 23
Listing reference
BB26100050
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