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1954 Purdue Ave, Sawtelle

Prime Sawtelle | A Boutique Collection of Three Luxury Residences

2026 Built luxury triplex in prime Sawtelle delivering $21,195/month ($254K/year) at a 5.17% cap, with the option to deliver fully leased or vacant. Expansive 5, 4, and 3 bed residences averaging 1,600+ SF, featuring oversized kitchen islands, custom cabinetry, marble-style finishes, and large sliding doors for seamless indoor-outdoor living.

Set on a quiet, tree-lined street 1.5 miles from UCLA and steps to the best of Sawtelle dining and Trader Joe’s. Non-rent-controlled asset with strong demand from high-income renters and easy access to the 10 and 405.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Rent Control:

$3,799,000

Triplex

Off-Market

3

2026

5.17%

14.94

$254,340 (Pro Forma)

4,916 sqft

4,001 sqft

$722.78

$1,266,333

1x 5b/5.5b, 1x 4b/4.5b, 1x 3b/3b

No

4 Parking Spaces + 1 Bonus Spot

No

Other Features:

No Rent Control, Waterfall Islands

The Highlights

  • Newly constructed triplex featuring three luxury residences designed to rival new construction homes

  • Located on a quiet, tree-lined street in Prime Sawtelle with a highly walkable neighborhood setting

  • Delivered leased or vacant, offering flexibility for immediate income, lease-up, or owner occupancy

  • Projected $254,340 annual income, achieving a 5.17% pro forma cap rate

  • Desirable unit mix of 5, 4 & 3 bedroom residences ideal for roommate-style or family living

  • Large, residential-scale layouts with the largest totaling 1,960 square feet

  • High-end interiors with expansive kitchen islands, custom cabinetry, & oversized sliding doors

  • Walkable to the Sawtelle Boulevard dining corridor with top-tier restaurants, cafes, & markets

  • Approximately 1.5 miles to UCLA, a major driver of rental demand

  • Minutes to Brentwood, Westwood, & Santa Monica with strong Westside connectivity

  • Non-rent-controlled asset offering long-term flexibility & future rent growth potential

The Neighborhood

<15-Minute Walk

Equinox Gym, Chitchat Coffee,Teaspoon,Millet Crepe,Killer Noodle Tsujita,Menya Tigre,Marugame Udon,Tsujita LA Artisan Noodles,Tatsu Ramen,Brian's Shave Ice,Kura Revolving Sushi Bar, Mochi Dochi

<15-Minute Drive

SugarFish, Juice Crafters, Erewhon, Chipotle, VA Medical Center, WholeFoods sweetgreen, Orangetheory Fitness, Starbucks, WholeFoods, Katsuya, Mendocino Farms, Alfred Coffee

<$15 Uber Ride

UCLA, Santa Monica Airport, Italy, Santa Monica Pier, The Getty,

Westfield Century City Mall, Rodeo Drive Walk Of Style, Venice Beach, Penmar Golf Course, Din Tai Fung, AMC Century City 15

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Contact

Lauren Cearley

213.302.8662

Cheyenne Womack

805.973.7470

Property Presented By:

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