Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Culver City Land Opportunity Title is generated by Realmo AI

    3818 Sawtelle, Culver City, CA 90066

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three contiguous lots totaling 12,428 sqft in Culver City.

    Type:Multifamily
    Lot size:
    0.29 Acres
    Added:
    Aug 5, 2025
    Days on Market:
    286
    Last Refresh:
    Mar 18 at 7:42 am

    Property Features for 3818 Sawtelle

    General Information

    Standard status
    Active
    Lot size
    0.29 Acres
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Victor Sein

    Listing agent Victor Sein License #00544049

    Listing office Victor Sein, Broker

    Listing date Aug 5, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Victor Sein, Broker

    HighLights

    • Three contiguous lots totaling 12,428 sq.ft. of land.
    • Located in the Westside of Los Angeles, in Culver City.
    • Includes two 4‑unit buildings with a unique country barn style.
    • Total frontage of 125 ft on Sawtelle Blvd.
    • Includes a vacant lot of 2,386 sq.ft. currently used as a courtyard.
    • Sold as one Grant Deed.

    Overview

    This offering comprises three contiguous lots in the Westside of Los Angeles, specifically in Culver City. The combined properties offer a total land area of 12,428 sqft with a 125 ft frontage on Sawtelle Boulevard. The first lot, identified by Assessor Parcel 4214-001-009, includes addresses 3818, 3820, 3822, and 3824 Sawtelle Boulevard and features a country barn-style building with 4 units on a 4,975 sqft lot. The second lot, identified by Assessor Parcel 4214-001-038, is a 2,386 sqft vacant lot known as Storm Drain, currently used as a courtyard. The third lot, identified by Assessor Parcel 4214-001-039, includes addresses 3826, 3828, 3830, and 3832 Sawtelle Boulevard and also features a country barn-style building with 4 units on a 5,067 sqft lot. This presents a unique development opportunity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Culver City
    County
    Los Angeles
    State
    California
    Longitude
    -118.4190441
    Latitude
    34.0108273

    Nearby Similar for Sale

    • $4,550,000
      8,492 SF

      Culver City Multifamily Investment Opportunity

      22-unit multifamily property in central Culver City location.
      11178 Culver Blvd, Culver City, CA 90230
      View Details
    • $1,655,000
      1,661 SF

      Culver City Duplex Opportunity

      Duplex in Culver City with upside and development potential.
      10796 Galvin St, Culver City, CA 90230
      View Details
    • $1,775,000
      2,299 SF

      Culver City Duplex Opportunity

      Remodeled duplex in prime location, ideal for various living arrangements.
      4110 Harter Ave, Culver City, CA 90232
      View Details
    • $7,000,000
      4,584 SF

      Culver City Freestanding Restaurant Building

      Prime Culver City location with long-term NNN lease.
      9501 Culver Boulevard, Culver City, CA 90232
      View Details
    • $1,775,000
      1,497 SF

      Culver City Duplex Opportunity

      Duplex with vacant unit in Downtown Culver City.
      4261 Baldwin Ave, Culver City, CA 90232
      View Details
    • $3,295,000
      6,296 SF

      Culver City Multifamily Investment Opportunity

      Professionally managed 16-unit building with development potential in prime location.
      3854 Mentone Ave, Culver City, CA 90232
      View Details
    • $1,499,999
      4,200 SF

      Culver City Retail Strip Center

      Multi-tenant retail strip center in high-traffic Culver City location.
      5405 - 5409 Sepulveda Blvd., Culver City, CA 90230
      View Details
    • $13,995,000
      25,550 SF

      Creative Space in Hayden Tract

      Located in the heart of Culver City's Hayden Tract.
      8621 Hayden Place, Culver City, CA, 90232
      View Details
    • $1,700,000
      3,391 SF

      Culver City 5-Unit Property

      Versatile 5-unit property in Culver City, ideal for owner-users.
      10920 Aletta Avenue, Culver City, CA 90232
      View Details
    • $2,495,000
      3,169 SF

      Mixed-Use Building in Prime Location

      Two-story mixed-use building with retail and office spaces for sale.
      4309 Overland Avenue, Culver City, CA, 90230
      View Details
    • Contact for pricing
      15,000 SF

      Unique Mixed-Use Lofts and Retail

      Mixed-use property with live/work lofts and commercial space.
      8635 Washington Boulevard, Culver City, CA, 90232
      View Details
    • $3,450,000
      9,340 SF

      Culver City Multifamily Investment Opportunity

      Mid-century complex near Downtown Culver City with development potential.
      3827 Tilden Ave, Culver City, CA, 90232
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three contiguous lots totaling 12,428 sqft in Culver City.
    Where is this commercial land located?
    The property is located at 3818 Sawtelle Culver City, CA.
    What is the asking price?
    The asking price for this property is $5,490,000.
    What are key features of this property?
    This property features: Three contiguous lots totaling 12,428 sq.ft. of land.; Located in the Westside of Los Angeles, in Culver City.; Includes two 4‑unit buildings with a unique country barn style.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Victor Sein
    Real Estate License ID: 00544049
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3818 Sawtelle, Culver City, CA 90066
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!