CA > Los Angeles
Los Angeles, CA 90064,11340 National BLVD
Los Angeles, CA 90064,11340 National BLVD
Los Angeles, CA 90064,11340 National BLVD
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Diego Magdaleno

Diego Magdaleno

+1(714) 681-1222
$3,995,000
Est. payment /mo
18 Beds
18 Baths
11,112 SqFt
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UPDATED:

09/30/2024 06:38 PM

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

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California Regional MLS (CRMLS)
Listed by Heather Shawver • Compass
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