11911 Weddington St - Apartments FOR SALE


Valley Village, CA 91607
$7,975,000 USD
310-922-6124
11911 Weddington St, Valley Village, CA for Sale
$7,975,000 USD
Apartments - FOR SALE
1/10
null | 5.22% Cap Rate

11911 Weddington St
Valley Village, CA 91607


HIGHLIGHTS

  • Massive 1,300 SF Units with Average unit size over 1,000 SF
  • SELLER MOTIVATED by 2025 Closing!
  • Pool, Off Street Parking and Elevator

OVERVIEW

PRICE REDUCED! Jake Plewa with Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is pleased to offer for sale 11911 Weddington. Nestled in the heart of Valley Village stands as a testament to mid-century multifamily excellence. Built in 1963, this 36,121-square-foot property spans a generous 0.584-acre lot and houses 31units, including spacious one- and two-bedroom layouts ranging from 700 to 1,350 square feet, a rarity in today's rental market. The large units offer residents ample living space with modern touches like hardwood floors, new appliances, air conditioning, ceiling fans, and private patios or balconies. Community amenities elevate the resident experience, including a sparkling pool, elevator access and on-site laundry facilities. The property's design and scale make it ideal for value-add strategies, such as targeted upgrades to further boost rental premiums. With units averaging over 1,000 square feet, it caters to families, professionals, and young creatives seeking more than the cramped apartments common in denser LA neighborhood

FOR SALE DETAILS

PRICE

$7,975,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

31

PRICE/UNIT

$257,258

CAP RATE

5.22%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Weddington Mid-Rise

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,657 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

2348-012-027

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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