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11755 National Blvd, Los Angeles, CA 90064
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11755 National Blvd Los Angeles, CA 90064

$8,995,000
  • 36 Beds
  • 36 Baths
  • 23,148 Sq.Ft.
For Sale
$8,995,000 Get Pre-Qualified
Map preview of 11755 National Blvd, Los Angeles, CA 90064

Property Overview: 11755 National Blvd Los Angeles, CA has 36 bedrooms, 36 bathrooms, 23,148 living square feet and 19,618 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: 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.

Listed by Jeffrey Louks | BRE #00908473 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 106
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Home details

Lot Sq. Ft
19,618
HOA Dues
$0/mo
Year built
1971
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24346175
City
Los Angeles
County
Los Angeles
Time on Site
115 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 26
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,937
  • Total Rent: $31,000
  • Pro Forma/Market Rent: $40,000
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,392
  • Total Rent: $23,915
  • Pro Forma/Market Rent: $31,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.6%
  • Gross Rent Multiplier: 13.59
  • Gross Scheduled Income: --
  • Net Operating Income: $413,398
  • Gross Operating Income: $642,119
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 11755 National Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 29
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 26
  • Parcel Number: 4257010026
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: National Boulevard in between Stoner and Granville
View more facts & features

Local Los Angeles Agent

Sale History for 11755 National Blvd

Last sold on June 21st, 2007

  • January, 2024

  • Jan 10, 2024

    Date

    Active

    CRMLS: 24346175

    $9,700,000

    Price

  • June, 2007

  • Jun 21, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 11755 National Blvd

Assessed Value (2020): $838,662
Year Land Value Improved Value Assessed Value
2020 $192,225 $646,437 $838,662

Home Value Compared to the Market

This property vs the competition

11755 National Blvd is listed 634.29% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $388.59 per/sqft which puts the price per square foot 49.8% lower than the median price per square foot for the city of Los Angeles.

About 11755 National Blvd

Detailed summary of property

11755 National Blvd is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 36 bedrooms, 36 bathrooms, roughly 23,148 living square feet, and sits on an approximately 19,618 square foot lot. 11755 National Blvd was first listed on ArdentRealEstateGroup.com on January 10, 2024. The homeowner is currently asking $8,995,000 and was originally asking $9,700,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 634.29% higher than the median priced home. Local competing homes currently for sale include 641 N Hobart Blvd, 1747 N Kingsley Dr and 4233 Burns Ave. While the average home in Los Angeles, CA is selling in 96 days, 11755 National Blvd has a days on market of 106 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 11755 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 11755 National Blvd

Public county record property details
Beds
18
Baths
18
Year built
1971
Sq. Ft.
11,458
Lot Size
9,784
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
62,63
APN
4257-010-026

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.
$979
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
64
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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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.

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