11755 National Boulevard

Los Angeles, CA 90064

$8,995,000
Price
36
Beds
36
Baths
23,148 Sq. Ft.
$389 / Sq. Ft.
23,148
Sq. Ft.
$389
per Sq. Ft.

Description

We are pleased to present 11755 & 11771 National Boulevard, two contiguous 13-Unit Apartment Buildings in an excellent West Los Angeles location. The Subject properties were built in 1971 and are comprised of 10) 2+2 units & 16) 1+1 units. The National Apartments are situated on a 19,618 SF lot and encompass the entire block. The Subject Properties have been owned by the current family for over 40 years and have been well maintained. This is an excellent opportunity for an investor to acquire 26...We are pleased to present 11755 & 11771 National Boulevard, two contiguous 13-Unit Apartment Buildings in an excellent West Los Angeles location. The Subject properties were built in 1971 and are comprised of 10) 2+2 units & 16) 1+1 units. The National Apartments are situated on a 19,618 SF lot and encompass the entire block. The Subject Properties have been owned by the current family for over 40 years and have been well maintained. This is an excellent opportunity for an investor to acquire 26 units in a strong West LA location with significant upside potential.
  1. Listed by Jeffrey Louks • DRE #00908473 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 11755 National Boulevard

Zoning
LAR3
Parcel Number
4257010026
Total Units
26.0
Living Area
23148
Source Living Area
Assessor
Area
West Los Angeles (WLA)
Vacancy Rate
0
Lot Size Area
19618

Location

Listing Courtesy of Marcus & Millichap, Jeffrey Louks, DRE #00908473
Add your commute
LISTING UPDATED: 03/26/2024 10:46 AM

Property Details for 11755 National Boulevard

StatusActive
MLS #24-346175
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.45 AC / 19,618 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jeffrey Louks, DRE #00908473
Add your commute

Building Information for 11755 National Boulevard

Stories2Residences-Year Built1971Building Size-Lot Size0.45 AC / 19,618 SF

Payment Calculator

$50,129 per month

30 year fixed, 7.25% Interest

Principal and Interest

$49,089

Property Taxes

$1,040

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11755 National Boulevard

Community / Development
Community / Development
  • Number Of Units: 26
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $642,119
  • Net Operating Income: $413,398.00
  • Gross Income: $661,979
  • Cap Rate: 4.60%
  • Gross Rent Multiplier: $13.59
  • Total Annual Expense: 228721
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.45
  • Lot Size Square Feet: 19618
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 29
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,937.00
  • Unit Actual Rent: $31,000.00
  • Unit Projected Rent: $40,000.00
  • Like Units: 16
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,392.00
  • Unit Actual Rent: $23,915.00
  • Unit Projected Rent: $31,000.00
  • Like Units: 10
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $679,519.00
  • Assessed Improvement Percent: 77.08
  • Assessed Land Value: $202,062.00
  • Assessed Land Percent: 22.92
  • Assessed Total Value: $881,581.00

Property History for 11755 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 11755 National Boulevard

Taxable ValueLand$202,062Additions$679,519Total$881,581
Tax Record2023$12,477 ($1,040 / month)
Home Facts
Total Finished SqFt11,458 SqFtAbove Grade Finished SqFt11,458 SqFtLot Size9,784 SqFtStyleMulti-Family Res (5+ Units)Year Built1971ZoningLAR3CountyLOS ANGELESAPN4257-010-026

Schools near 11755 National Boulevard

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

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Richland Avenue Elementary School
PublicK to 5

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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11755 National Boulevard is a multi-family home for sale in Los Angeles, CA 90064. This property was listed for sale on January 10, 2024 by Marcus & Millichap, it's currently listed at $8,995,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Nora Sterry Elementary School, Daniel Webster Middle School and University Senior High School Charter. 11755 National Boulevard is a 36-bed, 36-bath, 23,148 sqft multi-family home built in 1971.

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 Marcus & Millichap, Jeffrey Louks, DRE #00908473

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.