11538 National Boulevard, Los Angeles, CA 90064

$2,200,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 2,751 Lot Size (sq. ft.): 8,335 Status: Closed
Current Price: $2,200,000 List Date: 2/16/2022 Last Modified: 9/26/2023

Description

Amazing investment and/or development opportunity in Mar Vista. Two separate APNs being sold together with a total square footage of approx. 16,631 sq.ft. per Assessor and comprised of eight mid-century, California bungalow-style units situated on a tree-lined street with private entrances, individually metered for gas, electric with individual water heaters. An attractive mix of one and two bedroom residences with mid-century finishes, bordering a gated courtyard entrance and includes three two-car garages (currently used as storage) and seven single-car designated parking spaces. Ideally located near the corner of National Blvd and Barrington Ave boasting some of the highest walk, bike, and transit scores in the neighborhood. This property provides convenient access to all amenities for daily needs including high-end markets, retail, cafes and restaurants. High demand LARD 1.5 zoning. Property is sold AS-IS. Currently 50% occupied with four units to be delivered vacant at the close of escrow. Access to the property only with an accepted offer. Please do not disturb tenants. This property is an overall quality asset, in an excellent location with a high-demand residential market. A rare find for a savvy investor or developer to add to their real estate portfolio.

Supplements: ********

More Information MLS# 222000676

Status Change Info

Sold Price/SqFt: 799.71 Pending Date: 2022-02-18 Closed Date: 2022-02-22 Closed Price: 2200000

Listing, Location and Property Info

Entry Date: 2022-02-16 List Price/SqFt: 890.59 Zip + 4: 3828

General Property Information

Common Walls: Yes # Bedrooms: 4 Baths - Full: 4 Baths - Total: 4 Approx SqFt: 2751 Lot Acres: 0.19 Lot SqFt: 8335 Year Built: 1949

Listing Info

Total # of Units in Complex: 8

Property Info

View: No Alley: Yes Paved: Yes Pool: No Spa: No Fireplace: No Senior Community: No Water Heater: Yes Dwelling Total Floors: 1

Land Lease Type

Other: 1

Special Conditions

Standard: 1

Terms

Cash: 1 Conventional: 1

Possession

Negotiable: 1 Subject to Tenants Rights: 1

Financing

Conventional: 1

Disclosures

City Inspection Required: 1 Property As Is: 1 Rent Control: 1

Units Information

Number of Units Leased: 4 Average SqFt 1 Bedroom: 650 Average SqFt 2 Bedroom: 780 # Separate Electric Meters: 4 # Separate Gas Meters: 4 # Separate Water Meters: 4

Levels

Ground Level: 1 One: 1

Sold Terms

Standard Sale: 1

Flooring

Carpet: 1 Ceramic Tile: 1 Wood/Wood Like: 1

Water Heater Feature

Natural Gas: 1

Parking Spaces/Information

Total Garage Spaces: 6

HOA 1 Information

HOA: No

Listing Location and Property Info

Status: Closed Entry Date: 2021-11-16 Listing Price: 2450000 Current Price: $2,200,000 Street #: 11538 Street Name: National Suffix: Boulevard County: Los Angeles State/Province: CA Zip Code: 90064 APN/Tax ID: 4250013018 Area: C13 - Palms - Mar Vista Subdivision/Tract Code: Not Applicable Country: US

Property Features

Land Lease Type: Other Special Conditions: Standard Terms: Cash; Conventional Possession: Negotiable; Subject to Tenants Rights Disclosures: City Inspection Required; Property As Is; Rent Control Levels: Ground Level; One Flooring: Carpet; Ceramic Tile; Wood/Wood Like Water Heater Feature: Natural Gas Financing: Conventional Sold Terms: Standard Sale
Listing Office: Dilbeck Estates
Listing Agent: Stacy E Richardson |
Last Updated: September - 26 - 2023
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.