Homes for sale - 8536 Saturn ST, Los Angeles, CA 90035

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Michelle Esquivel

michelle@michellehomesellingteam.com +1(626) 210-4088

$ 1,700,000

Est. payment | -/mo

7 Beds

6 Baths

4,480 SqFt

Save

$ 1,700,000

Est. payment | -/mo

Save

7 Beds

6 Baths

4,480 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $379

MLS Listing ID 25607103

Bedrooms 7

HOA Y/N No

Year Built 1956

Lot Size 5,998 Sqft

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. Seismic retrofit plans have already been approved by the City and will be included in the sale,providing a clear path to compliance for the next owner. 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

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR3

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Appliance Oven, Refrigerator

Laundry None

Exterior

Parking Features Attached Carport, Carport

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 6

Private Pool No

Building

Faces North

Story 2

Entry Level Two

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4303033007

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Eric Sackler Coldwell Banker Realty

+1(626) 210-4088

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

8536 Saturn ST Los Angeles, CA 90035