• Asking Price $3,995,000
  • Estimated Value: $1,887,524

  • 11340 NATIONAL BLVD LOS ANGELES, CA 90064

  • 18 Beds 1.8 Baths 11,112 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 11340 NATIONAL BLVD, LOS ANGELES, CA 90064

Features

  • Price/sqft: $359
  • Lot Size: 8382
  • Total Units: 11
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Stories: 200
  • Roof Type: Tar & Gravel
  • Heating: Yes
  • Construction Type: Wood
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1969
  • Property ID: 867293977
  • MLS Number: 24-369447
  • Parcel Number: 4250-026-008
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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