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11340 NATIONAL BLVD, Los Angeles, CA 90064, photo 5 of 5

Listed By Compass, Heather Shawver

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11340 NATIONAL BLVD Los Angeles, CA 90064

$3,995,000

18

Bedrooms

18

Total Baths

Full Baths

11,112

Square Feet

0.19

Acres

1969

Year Built

Active

Status

MLS#

24-369447

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.

Details for 11340 NATIONAL BLVD

Year Built
1969
Parking
11
Price / Sq Ft
$360
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
46 Days
Acres
0.1925

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Compass, 310-437-7500

MLS# 24-369447

Updated 3:58PM - 4/29/2024

Listing Agent Heather Shawver, 310-600-9519

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/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.

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