NOT LISTED FOR SALE

10948 National Blvd Los Angeles, CA 90064

Palms Neighborhood
10 Beds
10 Baths
6,782 Sq Ft
10,759 Sq Ft Lot

Last Sold December 14, 2012

Last sale price $1,990,000 $293 Per Sq Ft

35 Days on Market

Highlights

  • Ceiling Fan
  • Clover Avenue Elementary School Rated A
  • 10 Car Garage

About This Home

As of December 2012

The subject property is a two story, 10-unit apartment building of wood frame /stucco construction, built in 1955. Building is 6,782 square feet and sits on two legal LAR3-1 lots totaling 10,759 square feet. Unit mix consists of 8 - one bedroom/one bathroom apartments, 1 - two bedroom/one bathroom apartment, and 1 - studio apartment/ one bathroom unit. All units have hardwood floors and are separately metered. The property is 100% occupied. Scheduled annual income of $156,732. $Property offers garage & carport parking with storage. Laundry room. LAR3-1. Zoning would enable development of up to 13 units. PLEASE DO NOT WALK ON PROPERTY OR DISTURB THE TENANTS.

Last Agent to Sell the Property

Edward Jesman

Edward Jesman Realty License #00878394 Listed on: 08/29/2012

Last Buyer's Agent

Edward Jesman

Edward Jesman Realty License #00878394 Listed on: 08/29/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,759

Interior Spaces

  • 6,782 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 10 Car Garage
  • Carport

Additional Features

  • 10,759 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4251-008-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6782
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 291.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 10

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4251-008-023
  • Lot Size Area: 10759

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 12.60
  • Number Of Units: 10
  • Total Annual Expense: 54856
  • Type Of Units: Apartments
  • Vacancy Rate: 4691.14

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $1,990,000 +0.8% $293 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $1,975,000 -- $291 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Edward Jesman

    Seller's Agent in 2012

    Edward Jesman

    Edward Jesman Realty

    (310) 291-2681

    11 Total Sales

    Edward Jesman
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Map

Source: The MLS

MLS Number: 12-621591

The MLS
California Los Angeles County Los Angeles 90034 Palms

10948 National Blvd, Los Angeles, CA

This home is located at 10948 National Blvd, Los Angeles, CA 90064 since 29 August 2012. This property was built in 1955. 10948 National Blvd is a home located in Los Angeles County with nearby schools including Clover Avenue Elementary School, Palms Middle School, and Venice High School.

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