11600 National Blvd - Apartments FOR SALE


Los Angeles, CA 90064- West Los Angeles
$10,600,000 USD
310-941-5899
11600 National Blvd, Los Angeles, CA for Sale
$10,600,000 USD
Apartments - FOR SALE
1/14
null | 3.59% Cap Rate

11600 National Blvd
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • Brand New 2024 Construction
  • 13 of 15 Units Not Subject to Rent Control
  • Highly Desirable Westdale Submarket of Mar Vista
  • Close Proximity to Premier Westside Beach Neighborhoods
  • Rooftop Deck with 360 Degree Views
  • Modern Kitchens w/ New Stainless-Steel Appliances, In Unit Washer & Dryer, Central AC/Heat, Spacious Bedrooms w/ Walk-In Closets, Recessed Lights

OVERVIEW

We are pleased to present a newly constructed, 15-unit multifamily property located at 11600 National Blvd. in the highly desirable Mar Vista neighborhood. A significant advantage of this offering is that 13 of the 15 units are not subject to LA City rent control, providing greater flexibility for future rent adjustments. The property features all spacious 1-bedroom/1-bathroom units, each equipped with modern amenities including brand new stainless-steel appliances, in-unit washer/dryers, central AC/heat, spacious bedrooms with walk-in closets, and recessed lighting. Residents can also enjoy a rooftop deck with panoramic 360-degree views. The prime location offers close proximity to premier Westside beach neighborhoods, further enhancing the property's appeal and potential for strong rental income.

FOR SALE DETAILS

PRICE

$10,600,000 USD

PRICE/SF

$707 USD /SF

# OF UNITS

15

PRICE/UNIT

$706,667

CAP RATE

3.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,755 SF

ZONING

LAR3

APN/PARCEL ID

4250-008-010

ASK ABOUT THIS PROPERTY

Jeff LouksMarcus & MillichapMore Info
310-941-5899

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Jeff LouksMarcus & MillichapMore Info
310-941-5899

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