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9117 National Blvd, Los Angeles, CA 90034
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9117 National Blvd Los Angeles, CA 90034

$2,595,000
  • 12 Beds
  • 10 Baths
  • 6,734 Sq.Ft.
For Sale
$2,595,000 Get Pre-Qualified
Map preview of 9117 National Blvd, Los Angeles, CA 90034

Property Overview: 9117 National Blvd Los Angeles, CA has 12 bedrooms, 10 bathrooms, 6,734 living square feet and 6,831 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 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.

Listed by Linda Light | BRE #00786737 | Coldwell Banker Realty
Co-listed by Taylor Light | BRE #02084441 | Coldwell Banker Realty
Last checked: 6 minutes ago | Last updated: May 22nd, 2024 | Source CRMLS | DOM: 43
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Home details

Lot Sq. Ft
6,831
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389685
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,235
  • Total Rent: $2,235
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,184
  • Total Rent: $2,184
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,116
  • Total Rent: $2,116
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,132
  • Total Rent: $2,132
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,018
  • Total Rent: $1,018
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,639
  • Total Rent: $1,639
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,872
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.67%
  • Gross Rent Multiplier: 14.14
  • Gross Scheduled Income: --
  • Net Operating Income: $121,202
  • Gross Operating Income: $183,552
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $32,437
  • Trash: $5,200
  • Gardener: $1,650
  • Insurance: $3,500
  • Maintenance: $8,900
  • Water/Sewer: $5,850
  • Other Expenses: $853

Open Houses for 9117 National Blvd

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Property Details for 9117 National Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Decorative
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Attached Carport
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 4311027017
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Cheviot Hills Subdivision
  • Directions: West of Robertson, East of Castle Heights Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 9117 National Blvd

Last sold on April 23rd, 1999

  • May, 2024

  • May 13, 2024

    Date

    Active

    CRMLS: 24389685

    $2,595,000

    Price

  • April, 1999

  • Apr 23, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1999

  • Mar 31, 1999

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

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Tax History for 9117 National Blvd

Assessed Value (2020): $681,130
Year Land Value Improved Value Assessed Value
2020 $301,024 $380,106 $681,130

Home Value Compared to the Market

This property vs the competition

9117 National Blvd is listed 107.77% 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 $778 and this home is listed at $385.36 per/sqft which puts the price per square foot 50.47% lower than the median price per square foot for the city of Los Angeles.

About 9117 National Blvd

Detailed summary of property

9117 National Blvd is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 12 bedrooms, 10 bathrooms, roughly 6,734 living square feet, and sits on an approximately 6,831 square foot lot. 9117 National Blvd was first listed on ArdentRealEstateGroup.com on May 13, 2024. The homeowner is currently asking $2,595,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 107.77% higher than the median priced home. Local competing homes currently for sale include 1119 Rexford Dr, 1170 S Robertson Blvd and 1142 S Bedford St. While the average home in Los Angeles, CA is selling in 98 days, 9117 National Blvd has a days on market of 43 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 9117 National Blvd Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9117 National Blvd

Public county record property details
Beds
12
Baths
10
Year built
1964
Sq. Ft.
6,734
Lot Size
6,849
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
4311-027-017

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,333,000
Median Sold Price/Sq.Ft.
$1,028
Total Inventory
57
Median Sale to List Price %
116.94%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (25%)

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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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