9117 National Boulevard

Los Angeles, CA 90034

$2,595,000
Price
12
Beds
12
Baths
6,734 Sq. Ft.
$385 / Sq. Ft.
6,734
Sq. Ft.
$385
per Sq. Ft.

Description

Prime Investment Opportunity with lots of Potential for Growth. Cap: 4.67, Gross 14X. Lot 6,850 SF, Living Area 6,734 SF. Excellent unit mix of 2 (2+2) 4 (1+1) 2 (2+1.5). Large spacious units, (4) with Balconies, all with fireplaces, which are decorative. Located only minutes to Metro Station, easy access to freeways, UCLA, Downtown Culver City, and Santa Monica Beach. The building also has plenty of rental upside, presenting an opportunity to capture additional income for the next investor. With...Prime Investment Opportunity with lots of Potential for Growth. Cap: 4.67, Gross 14X. Lot 6,850 SF, Living Area 6,734 SF. Excellent unit mix of 2 (2+2) 4 (1+1) 2 (2+1.5). Large spacious units, (4) with Balconies, all with fireplaces, which are decorative. Located only minutes to Metro Station, easy access to freeways, UCLA, Downtown Culver City, and Santa Monica Beach. The building also has plenty of rental upside, presenting an opportunity to capture additional income for the next investor. With this prime West Los Angeles locations and the potential for rent increase, the building presents an outstanding opportunity for investors looking to expand their real estate investment portfolio in West Los Angeles. Must assume current loan, $1,444,000 IS ASSUMABLE for 1% + $2,000. This building is a fantastic candidate for assumption since there is about 4.5 years remaining on the 3.47% rate. Seismic work completed. Call for more details. Trust Sale, No Court Confirmation Required. Please look under "DOCS" for more information.
  1. Listed by Linda Light • DRE #00786737 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Taylor Light • DRE #02084441 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 9117 National Boulevard

Water Front
None
Zoning
LAR3
Style
Contemporary
Parcel Number
4311027017
Total Units
8.0
Living Area
6734
Source Living Area
Vendor Enhanced
Area
Beverlywood Vicinity (C09)

Location

Listing Courtesy of Coldwell Banker Realty, Linda Light, DRE #00786737; Coldwell Banker Realty, Taylor Light, DRE #02084441
Add your commute
LISTING UPDATED: 05/22/2024 02:09 PM

Property Details for 9117 National Boulevard

StatusActive
MLS #24-389685
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.16 AC / 6,831 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Linda Light, DRE #00786737; Coldwell Banker Realty, Taylor Light, DRE #02084441
Add your commute

Building Information for 9117 National Boulevard

Stories2Residences-Year Built1964Building Size-Lot Size0.16 AC / 6,831 SF

Payment Calculator

$14,985 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,162

Property Taxes

$823

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9117 National Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 8
  • Senior Community: No
  • Builders Tract Name: Cheviot Hills Subdivision
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: South
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $183,552
  • Net Operating Income: $121,202.00
  • Gross Income: $183,552
  • Cap Rate: 4.67%
  • Gross Rent Multiplier: $14.14
  • Actual Annual Gross Rent: $182,352.00
  • Monthly GrossI Income: $15,196.00
  • Laundry Income: $1,200
  • Actual Rent Total: $182,352.00
  • Financial Info as Of: 05/11/2024
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 62350
  • Water Expense: $5,850.00
  • Gas Expense: $3,000
  • Trash Expense: $5,200.00
  • Other Expense: $853.00
  • Expense Pest: $960.00
  • Tax Expense: $32,437
  • Gardener Expense: $1,650
  • Insurance Expense: $3,500
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1568
  • Lot Size Square Feet: 6831
  • Lot Size Dimensions: 50x137
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport Attached
  • Total Parking: 8
  • Parking Features: Attached Carport
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Community
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-13-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,184.00
  • Unit Actual Rent: $2,184.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,639.00
  • Unit Actual Rent: $1,639.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,235.00
  • Unit Actual Rent: $2,235.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,116.00
  • Unit Actual Rent: $2,116.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,132.00
  • Unit Actual Rent: $2,132.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,872.00
  • Unit Actual Rent: $1,872.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,018.00
  • Unit Actual Rent: $1,018.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $399,306.00
  • Assessed Improvement Percent: 55.79
  • Assessed Land Value: $316,428.00
  • Assessed Land Percent: 44.21
  • Assessed Total Value: $715,734.00
  • Private Transfer Taxes: No

Property History for 9117 National Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9117 National Boulevard

Taxable ValueLand$316,428Additions$399,546Total$715,974
Tax Record2023$9,876 ($823 / month)
Home Facts
Total Finished SqFt6,734 SqFtAbove Grade Finished SqFt6,734 SqFtLot Size6,850 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR3CountyLOS ANGELESAPN4311-027-017

Schools near 9117 National Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Castle Heights Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9117 National Boulevard is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on May 13, 2024 by Coldwell Banker Realty, it's currently listed at $2,595,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Castle Heights Elementary School, Palms Middle School and Alexander Hamilton Senior High School. 9117 National Boulevard is a 12-bed, 12-bath, 6,734 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Linda Light, DRE #00786737; Coldwell Banker Realty, Taylor Light, DRE #02084441

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.