Search
11340 National Blvd, Los Angeles, CA 90064
Image 2 for 11340 National Blvd, Los Angeles, CA 90064
Image 3 for 11340 National Blvd, Los Angeles, CA 90064
View Photos

11340 National Blvd Los Angeles, CA 90064

$3,995,000
  • 19 Beds
  • 13 Baths
  • 11,112 Sq.Ft.
For Sale
$3,995,000 Get Pre-Qualified
Map preview of 11340 National Blvd, Los Angeles, CA 90064

Property Overview: 11340 National Blvd Los Angeles, CA has 19 bedrooms, 13 bathrooms, 11,112 living square feet and 8,384 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime Mar Vista location and excellent value-add opportunity offered at 11340 National Blvd.! This 11-unit Mar Vista multifamily asset offers savvy investors significant upside potential through its unique layout and below-market rents. At least 2 units will be delivered updated & vacant, a major advantage in rent-controlled Los Angeles. Bring your expertise to unlock immense value by increasing rents to market rates. With an ideal mix of 1 one-bedroom, 2 one-bedroom + den, 6 two-bedrooms & 2 two-bedroom plus den. This boutique 11,112 sq ft building includes desirable amenities like on site parking/laundry and sits on an 8,382 sq. ft. lot. The prime Mar Vista location provides walkable access to restaurants, shopping, entertainment, and quick freeway access and is zoned for the coveted Mar Vista Elementary School. LA's strong multifamily fundamentals, with rising population and shrinking household sizes, further enhance the opportunity. Don't miss this rare chance to acquire an underperforming property primed for optimization to its full potential. Bring your vision to unlock immense upside in the heart of desirable Mar Vista! This is a brilliant opportunity for a savvy investor to acquire an ultra-prime west side location with significant value-add potential. Currently 2 units will be delivered vacant at the close of escrow. All units are separately metered for gas & electric. Laundry Income is approx. $1,600/year.

Listed by Heather Shawver | BRE #01423475 | Compass
Co-listed by Heather Rogers | BRE #01858222 | Compass
Last checked: 7 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 37
Get a $11,985 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,985 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,384
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24369447
City
Los Angeles
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,168
  • Total Rent: $2,168
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,758
  • Total Rent: $2,758
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,218
  • Total Rent: $2,218
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $2,288
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,848
  • Total Rent: $1,848
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $2,288
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,826
  • Total Rent: $1,826
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,015
  • Total Rent: $2,015
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.92%
  • Gross Rent Multiplier: 14.4
  • Gross Scheduled Income: --
  • Net Operating Income: $209,368
  • Gross Operating Income: $295,128
  • Laundry Income: $1,600
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 11340 National Blvd

No upcoming open houses

Schedule Tour

Property Details for 11340 National Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, In Garage
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Attached Carport, Community Structure, Controlled Entrance
Property Information
  • Total # of Units: 11
  • Parcel Number: 4250026008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google maps.
View more facts & features

Local Los Angeles Agent

Sale History for 11340 National Blvd

Last sold for $4,300,000 on May 30th, 2019

  • March, 2024

  • Mar 15, 2024

    Date

    Canceled

    CRMLS: 24369271

    $4,250,000

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369271

    $4,250,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369447

    $4,250,000

    Price

  • May, 2019

  • May 31, 2019

    Date

    Sold

    CRMLS: 19433738

    $4,300,000

    Price

  • May 1, 2019

    Date

    Active Under Contract

    CRMLS: 19433738

    $4,300,000

    Price

  • Apr 23, 2019

    Date

    Price Change

    CRMLS: 19433738

    $4,300,000

    Price

  • Feb 22, 2019

    Date

    Active

    CRMLS: 19433738

    $4,350,000

    Price

  • Feb 16, 2019

    Date

    Active Under Contract

    CRMLS: 19433738

    $4,350,000

    Price

  • Feb 12, 2019

    Date

    Active

    CRMLS: 19433738

    $4,350,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2019

  • May 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,300,000

    Price

Show More

Tax History for 11340 National Blvd

Assessed Value (2020): $1,410,212
Year Land Value Improved Value Assessed Value
2020 $352,476 $1,057,736 $1,410,212

Home Value Compared to the Market

This property vs the competition

11340 National Blvd is listed 219.86% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $359.52 per/sqft which puts the price per square foot 53.43% lower than the median price per square foot for the city of Los Angeles.

About 11340 National Blvd

Detailed summary of property

11340 National Blvd is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 19 bedrooms, 13 bathrooms, roughly 11,112 living square feet, and sits on an approximately 8,384 square foot lot. 11340 National Blvd was first listed on ArdentRealEstateGroup.com on March 16, 2024. The homeowner is currently asking $3,995,000 and was originally asking $4,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 219.86% higher than the median priced home. Local competing homes currently for sale include 1867 Benecia Ave, 1833 Benecia Ave and 3729 Delmas Terrace. While the average home in Los Angeles, CA is selling in 97 days, 11340 National Blvd has a days on market of 37 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 11340 National Blvd Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11340 National Blvd

Public county record property details
Beds
18
Baths
18
Year built
1969
Sq. Ft.
11,112
Lot Size
8,381
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
4250-026-008

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$999
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$639
Total Inventory
67
Median Sale to List Price %
96.76%
Avg Days on Market
34
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (16.67%)

Tour This Home

Buy with Ardent Real Estate Group and save $11,985.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $11,985 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,985 back.

Call/Text (714) 706-1823

Homes for Sale Near 11340 National Blvd

Nearby Homes for Sale

11473 Venice Blvd, Los Angeles, CA 90066
$4,100,000
24 Beds
14 Baths
12090 Sq.Ft.
11473 Venice Blvd
Los Angeles, CA 90066
3758 Inglewood Blvd, Los Angeles, CA 90066
$3,850,000
12 Beds
12 Baths
7552 Sq.Ft.
3758 Inglewood Blvd
Los Angeles, CA 90066
3344 Keystone Ave, Los Angeles, CA 90034
$3,250,000
10 Beds
11 Baths
7638 Sq.Ft.
3344 Keystone Ave
Los Angeles, CA 90034
12028 Venice Blvd, Los Angeles, CA 90066
$3,295,000
6 Beds
6 Baths
6194 Sq.Ft.
12028 Venice Blvd
Los Angeles, CA 90066
3610 Westwood Blvd, Los Angeles, CA 90034
$3,350,000
10 Beds
14 Baths
6270 Sq.Ft.
3610 Westwood Blvd
Los Angeles, CA 90034
3749 Westwood Blvd, Los Angeles, CA 90034
$4,000,000
13 Beds
12 Baths
6626 Sq.Ft.
3749 Westwood Blvd
Los Angeles, CA 90034
10786 Missouri Ave, Los Angeles, CA 90025
$4,300,000
12 Beds
11 Baths
7658 Sq.Ft.
10786 Missouri Ave
Los Angeles, CA 90025
1826 S Bundy Dr, Los Angeles, CA 90025
$4,600,000
18 Beds
18 Baths
8400 Sq.Ft.
1826 S Bundy Dr
Los Angeles, CA 90025

Recently Sold Homes Near 11340 National Blvd

11530 National Blvd, Los Angeles, CA 90064
$2,200,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
11530 National Blvd
Los Angeles, CA 90064
2825 S Sepulveda Blvd, Los Angeles, CA 90064
$4,150,000 Last Sold Price
21 Beds
24 Baths
10860 Sq.Ft.
2825 S Sepulveda Blvd
Los Angeles, CA 90064
11538 National Blvd, Los Angeles, CA 90064
$2,200,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
11538 National Blvd
Los Angeles, CA 90064
11209 Sardis Ave, Los Angeles, CA 90064
$1,280,000 Last Sold Price
3 Beds
3 Baths
2163 Sq.Ft.
11209 Sardis Ave
Los Angeles, CA 90064

Related Resources to 11340 National Blvd

New Listings in 90064
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call