CA > Los Angeles
Los Angeles, CA 90064,11340 National Blvd
Los Angeles, CA 90064,11340 National Blvd
Los Angeles, CA 90064,11340 National Blvd
30
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$3,995,000
Est. payment /mo
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18 BD
18 BA
11,112 SqFt
Pending

11340 National Blvd Los Angeles, CA 90064

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Nikki Bonifatto

Nikki Bonifatto

+1(702) 467-7343

UPDATED:

08/19/2024 07:12 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 11,112 sqft

Price per Sqft $359

MLS Listing ID 24-369447

Bedrooms 18

Year Built 1969

Lot Size 8,384 Sqft

Acres 0.1925

Property Description

Prime Mar Vista location and excellent value-add opportunity offered at 11340 National Blvd.! This 11-unit Mar Vista multifamily asset offers savvy investors significant upside potential through its unique layout and below-market rents. At least 2 units will be delivered updated & vacant, a major advantage in rent-controlled Los Angeles. Bring your expertise to unlock immense value by increasing rents to market rates. With an ideal mix of 1 one-bedroom, 2 one-bedroom + den, 6 two-bedrooms & 2 two-bedroom plus den. This boutique 11,112 sq ft building includes desirable amenities like on site parking/laundry and sits on an 8,382 sq. ft. lot. The prime Mar Vista location provides walkable access to restaurants, shopping, entertainment, and quick freeway access and is zoned for the coveted Mar Vista Elementary School. LA's strong multifamily fundamentals, with rising population and shrinking household sizes, further enhance the opportunity. Don't miss this rare chance to acquire an underperforming property primed for optimization to its full potential. Bring your vision to unlock immense upside in the heart of desirable Mar Vista! This is a brilliant opportunity for a savvy investor to acquire an ultra-prime west side location with significant value-add potential. Currently 2 units will be delivered vacant at the close of escrow. All units are separately metered for gas & electric. Laundry Income is approx. $1,600/year.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Dishwasher, Freezer, Refrigerator, Range/Oven, Recirculated Exhaust Fan

Laundry Community, Garage

Exterior

Garage Carport Attached, Community Garage, Controlled Entrance

Garage Spaces 11.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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11340 National Blvd