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Listing Courtesy Of: Coldwell Banker Realty, 310-820-6651
Local Realty Services Provided By: Keller Williams Beverly Hills
US / CA / Los Angeles / SoRo East / 8536 Saturn St
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US / CA / Los Angeles / SoRo East / 8536 Saturn St
8536 Saturn St, Los Angeles, CA 90035
7 Beds
6 Baths
sq ft
ac
US / CA / Los Angeles / SoRo East / 8536 Saturn St

8536 Saturn St, Los Angeles, CA 90035

Estimation provided by Keller Williams Realty, LLC.
7 Beds
6 Baths
sq ft
ac
Active Under Contract
For Sale
Open House:
See More Open House Schedules

Property Description

8536 Saturn Street presents a rare opportunity to acquire a six-unit multi-family asset in the highly desirable Pico-Robertson neighborhood of Los Angeles. Priced at $1,700,000, the property offers anattractive blend of immediate income and long-term value-add potential. Three units will be delivered vacant at close of escrow, allowing investors or owner-users to reposition the property and achievemarket rents quickly. Once vacant units stabilizes, the asset is projected to operate at an approximate 5.12% CAP rate and 11.70 GRM. Upside potential presents proforma CAP rate at 8.47% and 8.24 GRM! Originally built in 1956 and offered for the first time by the original builder's family, this legacy property combines mid-century character with a proven income profile. The 4,480-square-footbuilding sits on a 6,000-square-foot lot and features a desirable unit mix of five 1-bedroom + 1-bathunits and one 2-bedroom + 1-bath unit, well-suited to the strong rental demand in the area. Ideally situated just south of Pico Boulevard and west of La Cienega, 8536 Saturn Street offers exceptional access to major employment centers and lifestyle amenities. Tenants enjoy proximity to Beverly Hills, Century City, Culver City, and West Hollywood, as well as easy connections to the10 Freeway and Metro E Line. The property is walkable to an array of neighborhood conveniences, including popular cafes, restaurants, and markets along Pico and Robertson Boulevards, making it ahighly desirable rental location for professionals and families alike. 8536 Saturn Street represents a rare opportunity to acquire a well-located, generational West Los Angeles asset with multiple avenues for future growth. The property is being presented in "as-is" condition, with three tenants currently in place & 3 unit delivered vacant

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1956
Days on Site
40 Days
HVAC
Cooling: Wall Unit(s), Other, Heating: Wall
Parking
6 Parking Spaces
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Transit & Commute

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Car-Dependent Walkable Very Walkable
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