7-Unit Apartment
5020 Sawtelle Blvd Culver City, CA 90230
For Sale
$1,700,000
Well-maintained 1964-built building with unit mix ranging from studios to three-bedroom residences and four tuck-under parking spaces.
Property Size4,698 SF
Lot Size0.11 Acres
Price / SF$361.86
Days on Market87
Property Features for 5020 Sawtelle Blvd
General Information
- Standard status
- Active
- Size
- 4,698 SF
- Lot size
- 0.11 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1964
Listing Agency:
Listed By:
Keith Moret
(310) 563-7144
Source:
Elliman
Added: Apr 29
Changed: Jul 23
Last Checked: Jul 23 at 9:43AM
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 Keith Moret
Investment Insights
Based on property information with market context.
5020 Sawtelle Blvd is a well-maintained 7-unit apartment building built in 1964. The unit mix includes five 1-bedroom units, one studio, and one 3-bedroom unit with two bathrooms, with remaining configurations stated as 1Bd/1Ba and Studio. The property is professionally managed and features a manicured front lawn with neat hedges, along with a deep set back from the sidewalk.
The building has four tuck-under parking spaces in the rear. A seismic retrofit has been completed. The asset is described as being located in a Westside pocket of Del Rey in Culver City, with nearby demand supported by proximity to Downtown Culver City and multiple major employers including Sony Pictures Studios, Electronic Arts, Belkin, Facebook LA, Microsoft LA, and YouTube LA.
Designed as a small, managed income property, it offers a mix of studio through three-bedroom layouts under one ownership, with rear parking and completed seismic work.
The building has four tuck-under parking spaces in the rear. A seismic retrofit has been completed. The asset is described as being located in a Westside pocket of Del Rey in Culver City, with nearby demand supported by proximity to Downtown Culver City and multiple major employers including Sony Pictures Studios, Electronic Arts, Belkin, Facebook LA, Microsoft LA, and YouTube LA.
Designed as a small, managed income property, it offers a mix of studio through three-bedroom layouts under one ownership, with rear parking and completed seismic work.
Key Highlights
- 7‑unit apartment building built in 1964 with 4,698 SF on a 5,003 SF lot
- Unit mix includes (1) 3BD/2BA, (5) 1BD/1BA, and (1) studio
- Seismic retrofit is completed
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.4k | $31.80 |
| − Vacancy | −$12.0k | −$2.54 |
| EGI | $137.4k | $29.26 |
| − OpEx | −$61.9k | −$13.17 |
| NOI | $75.6k | $16.09 |
4,698 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$944.9K – $1.26M
NOI $75,595 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.20M – $2.93M
NOI $176,070 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Well-maintained 1964-built building with unit mix ranging from studios to three-bedroom residences and four tuck-under parking spaces.
Where is this apartment building located?
The property is located at 5020 Sawtelle Blvd Culver City, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7‑unit apartment building built in 1964 with 4,698 SF on a 5,003 SF lot; Unit mix includes (1) 3BD/2BA, (5) 1BD/1BA, and (1) studio; Seismic retrofit is completed
