11340 National Blvd, Los Angeles, CA 90064
FOR SALE

11340 National Blvd
Los Angeles, CA 90064

Mar Vista
  • 18 Beds
  • 18 Baths
  • 11,112 sqft
  • 18 Beds
  • 18 Baths
  • 11,112 sqft

$3,995,000

Original price: $4,250,000
Est. Mortgage $25,329/mo*
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Local Information

map showing home location
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Description

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.

Home Highlights

Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$360
Listed
45 days ago

Home Details for 11340 National Blvd

Interior Features

Beds & Baths
Number of Bedrooms: 18Number of Bathrooms: 18
Dimensions and Layout
Living Area: 11112 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Freezer, Refrigerator, Range/Oven, Recirculated Exhaust FanDishwasherLaundry: Common Area,In GarageRefrigerator
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: One

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Has a CarportHas a GarageHas an Attached GarageParking Spaces: 11Parking: Attached Carport,Community Structure,Secured

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1969
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $3,995,000Price Per Sqft: $360

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-369447

Building

Building Area
Building Area: 11112 Square Feet

Lot Information

Lot Area: 8385.3 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-369447
Last check for updates: about 13 hours ago
Listing courtesy of Heather Shawver DRE # 01423475, (310) 600-9519
Compass, (310) 437-7500
Heather Rogers DRE # 01858222, (646) 872-4990
Compass, (310) 437-7500
Source: CLAW, MLS#24-369447

Price History for 11340 National Blvd

DatePriceEventSource
04/12/2024$3,995,000PriceChange
CLAW #24-369447
03/16/2024$4,250,000Listed For SaleCLAW #24-369447
05/30/2019$4,300,000Sold
CLAW #19433738
04/30/2019$4,300,000PendingAgent Provided
04/23/2019$4,300,000PriceChange
Agent Provided
02/22/2019$4,350,000PendingToActiveAgent Provided
02/15/2019$4,350,000PendingAgent Provided
02/12/2019$4,350,000Listed For SaleAgent Provided

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Neighborhood Overview

Mar Vista
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mar Vista

  • Trulia User
    "Very diverse. Mostly quiet but bustling on the weekends. Close to everything. Lost of good food in the area and close to major highways "
    2
    Flag
  • Trulia User
    "MV is one of the best locations in LA, close to the beach, close to405 and 10 freeways, close to LAX, all these thing make LA life more enjoyable, and schools are great too. "
    2
    Flag
  • Trulia User
    "I’d hate to tell everyone how nice of a place MV is because more people may want to move here, and traffic is still traffic - but it’s nice. It’s centrally located to the highways, shops, eateries, & the beach. "
    3
    Flag
  • Trulia User
    "There are lots of dogs and lots of friendly people walking them. Owners clean up after their dogs, and dispose of the poop bags accordingly. "
    0
    Flag
  • Trulia User
    "It’s really became so nice around here and where I once was too snobby to even consider living or purchasing in mar vista I now view it much more of a nice area with particularly nicer spots to reside in."
    1
    Flag
  • Trulia User
    "There are very few children living in the area, though schools and parks are nearby. People drive very fast on the streets here. "
    0
    Flag
  • Trulia User
    "Not many dog parks. But beautiful areas to walk around and enjoy the scenery and sunsets. Also a bonus it’s very quiet most people are extremely respectful."
    0
    Flag
  • Trulia User
    "Quiet and less than five minutes to the beach. Neighbors walk here all the time. My son and I walk here everyday and love seeing the airplanes coming in to land. He likes trucks, buses and trains too. He can see just about all of those right here. "
    1
    Flag
  • Trulia User
    "Two schools near by friendly neighborhood fun atmosphere and restaurants very dog friendly.. end d d"
    0
    Flag
  • Trulia User
    "Very dog friendly. Lots of dog people around and bars are open to them. Would like a dog park closer"
    0
    Flag
  • Trulia User
    "Busses sometimes don’t shown up and are often early or late, which has caused me to plan an extra bus trip to work. I live in mar vista and commute to downtown Santa Monica. But hey they are free and the newer busses are so nice. Also often times they aren’t too packed which is nice."
    0
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  • Trulia User
    "It’s a residential, family friendly neighborhood, and close to great restaurants, bars, etc. It’s a beautiful place for a walk any time of day."
    0
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  • Trulia User
    "Hoping to be able to afford to live here someday. We don’t want to leave! Bike paths, food, bars, easy access freeways and a lot of social events. Love this community and hope to raise a family here in the near future. Plus, I’m born and raised SoCal and never plan on leaving. You can’t beat the beach and going to the mountains in the same day. Warm weather and a tight knit community make living here so great. Hope this helps anyone who’s looking to buy or rent in the future. And make sure to go down Ocean Park Boulevard to the beach! Great parking and a very cute park at the end. Plus, Main Street has a ton of restaurants. Happy buying/renting! "
    0
    Flag
  • Trulia User
    "A great neighborhood with friendly neighbors, dog lovers and everyone takes great care of their homes. Clean and quiet!"
    0
    Flag
  • Alexismkagan
    "Family friendly, dog friendly, convenient, diversity, good mix of small businesses and larger stores/supermarkets, close to parks, freeway. Community activities"
    5
    Flag
  • Heidi L.
    "I haven’t lived here long enough to know but so far feels really neighborly, lots of kids, people walking dogs, and so much safer feeling than Venice "
    3
    Flag
  • Grant L.
    "I dig Mar Vista. Close to everything and the best weather in LA. Homelessness is an issue. But that seems to be a citywide issue. Love the community here. Farmers market brings everyone together, as well as the art walk. "
    5
    Flag
  • Lindsay H.
    "I see people walking their dogs frequently in the neighborhood. There is a nice 2 mile neighborhood area to safely walk dogs. "
    2
    Flag
  • Melissa C.
    "The Traffic not so great during peak hours people drive fast cut through streets in the neighborhood "
    1
    Flag
  • Lauren P.
    "Love this neighborhood. Really family friendly and great for walks and biking. Lots of places to eat nearby! "
    1
    Flag
  • Podborskalada7
    "Nice place for dog owners. Green sidewalks. A lot of people with dogs live here. Also it’s save place because of here is not a lot of traffic."
    1
    Flag
  • Ivey R. T. C.
    "It’s a very dog-friendly neighborhood. There are plenty of green spaces around sidewalks and neighborhoods for dogs to go. Just wish there were more public trash cans for dumping poop. "
    0
    Flag
  • Emily E.
    "Venice adjacent. High density. Good farmers market. Noisy and lots of fireworks. Walkable. A lot of car traffic"
    0
    Flag
  • Sophie S.
    "I dont own a dog so I wouldnt know how to be helpful other than to say it's great for walking. There's a great Dog Bakery off Venice though."
    1
    Flag
  • Melissa C.
    "What makes the neighborhood unique is that it has views of the city and ocean depending on which streets your walking down. Neighbors are very nice and they always filming in neighborhood which is exciting... "
    10
    Flag
  • Emerald S.
    "The Venice art Walk is a great way to support small local businesses. there are often food trucks to be found. also Mar Vista farmers market is awesome "
    0
    Flag
  • Melissa C.
    "Neighborhood is great but commuters cut through the streets to avoid traffic on busier streets, difficult get out of drive way during traffic hour. Drivers/ commuters tend to drive too fast through the neighborhood. "
    1
    Flag
  • Seharjawaid
    "People are nice the only problem is that the school is across the street, so sometimes it is hard to bear when they have parties or events."
    5
    Flag
  • Bsnith
    "Tends to be cooler than the rest of the city because of proximity to ocean breezes, which is great. Walking distance to cafes, haircut, restaurants and farmers market. "
    1
    Flag
  • Shonalisen
    "Easy commute when not in rush hour. Easy access to stores and freeway. Lots of greenery, places to go for walks."
    0
    Flag
  • Trulia User
    "The Mar Vista Art Walk brings a lot of energy and crowds to our streets. it allows local/small business and creative community members to be celebrated and supported. "
    0
    Flag
  • Wanik.jang
    "The neighborhood is quite dog friendly. Many people walk with their dogs daily, and the streets are easy for dogs to walk."
    0
    Flag
  • Nathanlycan
    "The farmers market in downtown mar vista on sundays is hands down the best farmers market on the west side of Los Angeles "
    1
    Flag
  • Becca M.
    "We have lived in Mar Vista for five years. The community is up-and-coming up with lots of new restaurants and stores every month. It is very family-friendly and there are lots of nice neighbors."
    0
    Flag

LGBTQ Local Legal Protections

Heather Shawver, Compass
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
11340 National Blvd, Los Angeles, CA 90064 is a 18 bedroom, 18 bathroom, 11,112 sqft multi-family built in 1969. 11340 National Blvd is located in Mar Vista, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 16, 2024. The MLS # for this home is MLS# 24-369447.