11340 National BLVD Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90064
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 11,112 sqft
Price per Sqft $359
MLS Listing ID 24369447
Bedrooms 18
HOA Y/N No
Year Built 1969
Lot Size 8,385 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 C13 - Palms - Mar Vista
Zoning LAR3
Rooms
Ensuite Laundry Common Area,In Garage
Interior
Laundry Location Common Area,In Garage
Heating Wall Furnace
Fireplace No
Appliance Dishwasher,Refrigerator
Laundry Common Area,In Garage
Exterior
Garage Attached Carport,Controlled Entrance,Community Structure
Parking Type Attached Carport,Controlled Entrance,Community Structure
Attached Garage Yes
Total Parking Spaces 11
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4250026008
Special Listing Condition Standard