11503 Washington Boulevard
11503 Washington Boulevard
$1,625,000
2
4
3,224
3,224
$504
Closed 4/30/21
Description
NOTE: Map may be showing incorrect location. Correct maps location is 11503 Washington Place.
11503 Washington Place is a four-unit apartment building for sale in Los Angeles’ desirable Mar Vista neighborhood proximate to Silicon Beach. With over 35 percent potential upside in rents, this offering presents an excellent value-add opportunity in a sought-after coastal market. The property consists of a two-story, 1950 construction front building with four two-bedroom/one-bath units and a rear building...NOTE: Map may be showing incorrect location. Correct maps location is 11503 Washington Place.
11503 Washington Place is a four-unit apartment building for sale in Los Angeles’ desirable Mar Vista neighborhood proximate to Silicon Beach. With over 35 percent potential upside in rents, this offering presents an excellent value-add opportunity in a sought-after coastal market. The property consists of a two-story, 1950 construction front building with four two-bedroom/one-bath units and a rear building that contains shared laundry facilities and two two-car garages. The units average 806 square feet, are separately metered for gas and electricity, and have hardwood floors and wall heaters. A new investor may consider adding value by converting the area between the buildings that is currently occupied by laundry drying lines into a shared back patio for tenants’ enjoyment.
11503 Washington Place is located on the corner lot at the intersection of Washington Place and Berryman Street, steps from a coffee shop and blocks to downtown Mar Vista, Farmer’s Market, and the highly anticipated Culver Public Market Development. This location offers easy access to the 405 Freeway, major employers such as Apple, Amazon, and Google in both downtown Culver City and Silicon Beach, and a solid tenant base with an average household income within one mile over $103,000.
11503 Washington Place is a four-unit apartment building for sale in Los Angeles’ desirable Mar Vista neighborhood proximate to Silicon Beach. With over 35 percent potential upside in rents, this offering presents an excellent value-add opportunity in a sought-after coastal market. The property consists of a two-story, 1950 construction front building with four two-bedroom/one-bath units and a rear building...NOTE: Map may be showing incorrect location. Correct maps location is 11503 Washington Place.
11503 Washington Place is a four-unit apartment building for sale in Los Angeles’ desirable Mar Vista neighborhood proximate to Silicon Beach. With over 35 percent potential upside in rents, this offering presents an excellent value-add opportunity in a sought-after coastal market. The property consists of a two-story, 1950 construction front building with four two-bedroom/one-bath units and a rear building that contains shared laundry facilities and two two-car garages. The units average 806 square feet, are separately metered for gas and electricity, and have hardwood floors and wall heaters. A new investor may consider adding value by converting the area between the buildings that is currently occupied by laundry drying lines into a shared back patio for tenants’ enjoyment.
11503 Washington Place is located on the corner lot at the intersection of Washington Place and Berryman Street, steps from a coffee shop and blocks to downtown Mar Vista, Farmer’s Market, and the highly anticipated Culver Public Market Development. This location offers easy access to the 405 Freeway, major employers such as Apple, Amazon, and Google in both downtown Culver City and Silicon Beach, and a solid tenant base with an average household income within one mile over $103,000.
- Listed by Steven Bogoyevac • DRE #01332755 • Brokerage DRE #01332755 • Steven M. Bogoyevac, Broker
- Listed by David O'Keefe • DRE #01928739 • Brokerage DRE #00530854 • Marcus & Millichap
Property Details for 11503 Washington Boulevard
Parking Spaces Total
4
Private PoolNo
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3224
Assessor Parcel Number4214-011-001
Property Attached YNfalse
Location
LISTING UPDATED: 04/30/2021 07:58 AM
Property Details for 11503 Washington Boulevard
Status | Closed |
---|---|
MLS # | PW21014551 |
Days on Market | 94 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.12 AC / 5,158 SF |
County | Los Angeles County |
Location
Building Information for 11503 Washington Boulevard
Stories-Residences-Year Built1950Building Size-Lot Size0.12 AC / 5,158 SF
Payment Calculator
$9,856 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 11503 Washington Boulevard
Property History for 11503 Washington Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11503 Washington Boulevard
Taxable ValueLand$708,173Additions$236,053Total$944,226
Tax Record2020$11,859 ($988 / month)
Home Facts
Total Finished SqFt3,224 SqFtAbove Grade Finished SqFt3,224 SqFtLot Size5,158 SqFtStyleQuadraplexYear Built1950Year Renovated1950ZoningLAR3CountyLOS ANGELESAPN4214011001
Schools near 11503 Washington 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 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Grand View Boulevard Elementary School PublicK to 5 | ||
Marina Del Rey Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
Icef Vista Middle Academy Charter6 to 8 |
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.
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