11729 W Washington Blvd - Apartments FOR SALE


Los Angeles, CA 90066- Culver-West
$1,250,000 USD
310-266-9585
11729 W Washington Blvd, Los Angeles, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

11729 W Washington Blvd
Los Angeles, CA 90066
Culver-West


HIGHLIGHTS

  • *** SUBMIT ALL OFFERS *** ALL REASONABLE OFFERS TO BE CONSIDERED ***
  • Incredible Culver City Location West of the 405 and Excellent Neighborhood Parking
  • Incredible Upside Potential. Ideally Located Near Many Coffee Shops and Restaurants

OVERVIEW

Douglas Elliman Commercial is proud to present an exceptional investment opportunity with outstanding value-add upside potential in this four (4 )unit multi-family property situated on a highly desirable corner lot in a coveted area of Culver City with strong and consistent rental demand. Boasting a classic mid-century architecture and featuring an excellent unit mix of two (2) spacious two (2) bedroom units and two (2) generously sized one (1) bedroom units. Privately owned and family-operated for more than 30 years, the sale is solely prompted by an unexpected and recent family member passing. * Typical income/expense records are not available for this property as it has been under managed for some time which provides a new owner an opportunity to optimize the potential inefficiencies in management operations and increase annual revenue. UNIT A, a one (1) bedroom unit is vacant, UNIT C, also a one (1) bedroom unit is expected to be vacant 8/31/25 and UNIT D, a two (2) bedroom unit is expected to be vacant at the end of August. One (1) of the two (2) bedroom units is in a LONG TERM LEASE for $325.00 per month to a family member. The Asking Price is reflective of this. The other rents are below market; providing a clear path for revenue growth through rental adjustments. An experienced investor could reposition the asset to achieve a strong and favorable cash flow. This property is prime for a savvy buyer who recognizes its untapped potential; can implement strategic improvements, and unlock significant value in a high-demand market.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$456 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,793 SF

ZONING

CCC3YY

APN/PARCEL ID

4233-012-014

ASK ABOUT THIS PROPERTY

Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

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Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.