11825 National Blvd - Apartments FOR SALE


Los Angeles, CA 90064- Mar Vista
$4,850,000 USD
310-968-5303
11825 National Blvd, Los Angeles, CA for Sale
$4,850,000 USD
Apartments - FOR SALE
1/16
null | 5.35% Cap Rate

11825 National Blvd
Los Angeles, CA 90064
Mar Vista


HIGHLIGHTS

  • 13-unit multifamily property in prime West Los Angeles
  • Desirable unit mix of (5) 2BD/2BA and (8) 1BD/1BA units
  • Renovated units feature quartz countertops, stainless steel appliances, subway tile backsplashes, and updated bathrooms
  • Charming courtyard-style property
  • Centrally located near Mar Vista, Palms, Culver City, and Sawtelle
  • Convenient access to Santa Monica, Century City, UCLA, Silicon Beach, and major Westside employment centers

OVERVIEW

Jonathan Taksa of the Taksa Investment Group is pleased to present 11825 National Boulevard, an excellent opportunity to acquire an upgraded 13-unit apartment community in a prime West Los Angeles location. Built in 1971, the property offers an attractive and highly rentable unit mix consisting of five 2-bedroom/2-bath units and eight 1-bedroom/1-bath units. The property has benefited from substantial interior improvements, with many units having undergone extensive luxury renovations. Upgraded residences feature sleek wood style flooring, remodeled bathrooms, modern kitchens with subway tile backsplashes and quartz countertops, stainless steel appliances, and in-unit washers and dryers. Select units also feature French-door balconies, spacious bedrooms, generous closet space, and en-suite primary bathrooms. Large windows and abundant natural light create bright, inviting interiors throughout the property. The building features a charming courtyard-style design with controlled intercom entry, providing residents with a more intimate residential environment than a traditional apartment building. The property also offers ample on-site parking. Located along National Boulevard in the heart of West Los Angeles, the property benefits from its central position between Mar Vista, Palms, Culver City, and Sawtelle, with convenient access to some of the Westside’s most important employment, dining, shopping, and entertainment destinations. Residents enjoy excellent connectivity to Culver City, Century City, Santa Monica, UCLA, Silicon Beach, and the greater Westside, as well as convenient access to the I-10 and I-405 freeways. The combination of a desirable Westside location, strong unit mix, extensively renovated interiors, and attractive residential amenities makes 11825 National Boulevard a compelling multifamily investment in one of Los Angeles’ most consistently sought-after rental markets.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

13

PRICE/UNIT

$373,077

CAP RATE

5.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime West Los Angeles 13 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,827 SF

ZONING

LAR3

APN/PARCEL ID

4257-019-044

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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