$3,995,000
Active Under Contract
63 Days Online
18 Beds18 Baths11,112 SQFT
Active Under Contract

11340 National Boulevard Los Angeles, CA 90064

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site63 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24369447
  • Home Size Source N/A
  • Year Built1969
  • Lot Size0.1925 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Attached CarportCommunity StructureControlled Entrance
  • Parking Spaces 11
  • Number of Stories 12
  • Acreage 0.1925
  • Attached Garage Yes
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace
  • Appliances DishwasherRefrigerator
  • Laundry Features CommunityIn Garage

Community Features

  • Senior Community No
  • MLS Area C13 - Palms - Mar Vista

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Monthly Payment (Est.)

$21,306
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