Properties
Los Angeles, CA 90025 1750 Purdue
$1,797,000
8 more
Presented By: Orlando Cruz with Brightstone Estate Properties; 818-430-4210
Baths • 1
SQFT • 3,630
Home Details
7 unit apartment building located in the heart of the Sawtelle neighborhood of West Los Angeles with easy access to freeways, UCLA and Santa Monica College. Fully rented with quality tenants. Building was originally built as a duplex in the 1940s, then upgraded to a 5 units in the 1960s and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces, laundry room on site. Low maintenance and upgraded in 2014 to conform with the City of Los Angeles soft story earthquake retrofit standards. There is an existing five year $900K mortgage at approximately 3% APR assumable subject to lender fees and qualifications and is fixed through September 2026. Please do not walk onto the property or disturb occupants. Showings on accepted offer only. Please call management office for information, BUT please download and read Offering Memorandum attached in the supplemental information area of listing before asking for it again. Buyer to cooperate with Seller's 1031 exchange.
Presented By: Orlando Cruz with Brightstone Estate Properties; 818-430-4210
Interior Features for 1750 Purdue
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1750 Purdue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.1
Carport Spaces3
Carport Y/NYes
CityLos Angeles
Community FeaturesSidewalks
ContingencyShowings on accepted offer only. Please contact site manager for further information after having read the attached Offering Memorandum.
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsSouth of Santa Monica Blvd, West of Sawtelle Blvd
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income163696
HOANo
HOA Fee$
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing Terms1031 Exchange
Lot Size Square Feet4410
Lot Size UnitsSquare Feet
MLS AreaWLA - West Los Angeles
Net Operating Income109838
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Open Parking Spaces6
Operating Expense53858
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot0
Tenant PaysAll Utilities
Total Actual Rent13641
Trash Expense0
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Sewer Expense0
Year Built1942
Year Built SourceAssessor
Exterior for 1750 Purdue
Building Area Total3630
Lot Features0-1 Unit/Acre
Lot Size Acres0.1012
Lot Size Area4410
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
