$4,475,000

Estimated payment $26,833/month

Total Views 296
9 Beds
12 Baths
6,664 Sq Ft
$672 Price per Sq Ft

Highlights

  • Rooftop Deck
  • City Lights View
  • Modern Architecture
  • Gated Parking
  • Wood Flooring
  • Tandem Parking

About This Home

11254 Mississippi Avenue offers the rare opportunity to own a newer-construction luxury West LA fourplex in the vibrant heart of Sawtelle, with a stunning vacant 3-bedroom, 3-bathroom townhouse-style private rear unit perfectly suited for an owner-user. Just steps from Sawtelle Blvd's acclaimed dining and shopping scene, and minutes from Westwood, Brentwood, Santa Monica, Century City, and the UCLA campus, this property combines unbeatable convenience with modern luxury living. In addition to the 3-bedroom unit, the residence features three 2-bedroom, 2.5-bathroom townhouse-style units with exceptional privacy and abundant natural light. Each unit features a spacious layout and large rooftop decks with panoramic city views. The property also provides 8 garage parking spaces, a highly desirable amenity in this area. These upscale modern units rent quickly thanks to their excellent location, thoughtfully designed floor plans, and high-end finishes. Each home is well-designed with modern features, open-concept layouts, and high ceilings. Whether you're an investor or an owner-occupant, this turnkey building presents a fantastic opportunity in one of West LA's most desirable neighborhoods. This luxury, low-maintenance building offers strong income potential, excellent tenant appeal, and a perfect setup for owner-occupancy.

Listing Agent

Anisa Abji

Coldwell Banker Realty License #01369597 Listed on: 09/04/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,671

Year Built

  • Built in 2018

Lot Details

  • 4,219 Sq Ft Lot
  • Lot Dimensions are 40x105
  • Sprinklers on Timer

Property Views

  • Skyline
  • Trees
  • Hills

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 6,664 Sq Ft Home
  • 4-Story Property

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Tandem Parking
  • Gated Parking
  • Controlled Entrance

Additional Features

  • Rooftop Deck
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4260-001-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,671

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6664
  • Lot Acreage: 0.0969
  • Lot Dimensions: 40x105
  • Stories: 4
  • Year Built: 2018
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Mixed, Tile
  • Appliances: Cooktop - Electric, Microwave
  • Bedrooms: 9
  • Laundry: In Unit
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Refrigerator, Freezer, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 671.52

Exterior Features

  • Other Structures: None
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top, Skyline, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Gated, Tandem, Covered Parking, Parking Space
  • Total Parking: 8

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessed Improvement Percent: 53.07
  • Assessed Improvement Value: 1372310
  • Assessed Land Percent: 46.93
  • Assessed Land Value: 1213630
  • Total Assessed Value: 2585940
  • Assessor Parcel Number: 4260-001-002
  • Lot Description: 2-4 Lots
  • Lot Size Area: 4219

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Gas, Water, Trash Collection, ADA Upgrades

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.72
  • Number Of Units: 4
  • Total Annual Expense: 72924
  • Type Of Units: Townhouses
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,671 $2,637,658 $1,237,902 $1,399,756
2024 $31,671 $2,585,940 $1,213,630 $1,372,310
2023 $31,059 $2,535,236 $1,189,834 $1,345,402
2022 $29,614 $2,485,526 $1,166,504 $1,319,022
2021 $29,229 $2,436,791 $1,143,632 $1,293,159
2020 $29,529 $2,411,806 $1,131,906 $1,279,900
2019 $2,312 $1,109,712 $1,109,712 $0
2018 $13,107 $1,087,953 $1,087,953 $0
2017 $12,848 $1,066,620 $853,297 $213,323
2016 $12,572 $1,045,707 $836,566 $209,141
2015 $5,153 $430,204 $387,189 $43,015
2014 -- $421,778 $379,605 $42,173
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $4,475,000 +334.5% $672 / Sq Ft
05/15/2015 05/15/15 Sold $1,030,000 0.0% $1,040 / Sq Ft
05/13/2015 05/13/15 Off Market $1,030,000 -- --
04/21/2015 04/21/15 For Sale $1,030,000 -- $1,040 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $1,030,000 Progressive
Warranty Deed -- None Available
Warranty Deed -- Provident Title Company
Warranty Deed $1,030,000 Provident Title Company
Warranty Deed -- Fidelity Van Nuys
Warranty Deed -- --
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- Southland Title
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Future Advance Clause Open End Mortgage
Closed $1,900,000 Commercial
Closed $630,000 Commercial
Closed $675,000 Purchase Money Mortgage
Previous Owner $505,000 New Conventional
Previous Owner $136,500 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $143,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25586673

The MLS

APN: 4260-001-002