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.
Sold
$3,475,000
11340 National Blvd, Los Angeles, CA 90064
18beds
18baths
11,112sqft
Multi Family
Built in 1969
-- sqft lot
$3,459,500 Zestimate®
$313/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 19, 2024 at 08:41am
Listed by:
Heather Shawver DRE # 01423475 310-600-9519,
Compass 310-437-7500,
Heather Rogers DRE # 01858222 646-872-4990,
Compass
Bought with:
Orrin Karp, DRE # 00820277
North Real Estate Services
Source: CLAW,MLS#: 24-369447

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 18
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Freezer, Refrigerator, Range/Oven, Recirculated Exhaust Fan
- Laundry: Common Area, In Garage
Interior area
- Total structure area: 11,112
- Total interior livable area: 11,112 sqft
Property
Parking
- Total spaces: 11
- Parking features: Attached Carport, Community Structure, Secured
- Has attached garage: Yes
- Has carport: Yes
Features
- Levels: One
- Stories: 2
Lot
- Size: 8,385 sqft
- Dimensions: 63 x 132
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1969
Community & neighborhood
Location
- Region: Los Angeles
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,459,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,459,500