$9,700,000
$900K PRICE DROP

Estimated payment $61,380/month

Total Views 2,068
15 Beds
15 Baths
14,123 Sq Ft
$687 Price per Sq Ft

Highlights

  • Recessed Lighting
  • Mar Vista Elementary Rated A
  • Central Heating and Cooling System

About This Home

We are pleased to present a newly constructed, 15-unit multifamily property located at 11600 National Blvd. in the highly desirable Mar Vista neighborhood. A significant advantage of this offering is that 13 of the 15 units are not subject to LA City rent control, providing greater flexibility for future rent adjustments. The property features all spacious 1-bedroom/1-bathroom units, each equipped with modern amenities including brand new stainless-steel appliances, in-unit washer/dryers, central AC/heat, spacious bedrooms with walk-in closets, and recessed lighting. Residents can also enjoy a rooftop deck with panoramic 360-degree views. The prime location offers close proximity to premier Westside beach neighborhoods, further enhancing the property's appeal and potential for strong rental income.

Listing Agent

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Parking

  • 14 Parking Spaces

Home Design

  • Split Level Home

Interior Spaces

  • 14,123 Sq Ft Home
  • 4-Story Property
  • Recessed Lighting

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Additional Features

  • 7,723 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 4250-008-010

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 14123
  • Lot Acreage: 0.1773
  • Stories: 4
  • Year Built: 2024
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 686.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 14

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 21.62
  • Assessed Improvement Value: 584808
  • Assessed Land Percent: 78.38
  • Assessed Land Value: 2120231
  • Total Assessed Value: 2705039
  • Assessor Parcel Number: 4250-008-010
  • Lot Size Area: 7723

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.62
  • Number Of Units: 15
  • Total Annual Expense: 198413
  • Type Of Units: Multifamily
  • Vacancy Rate: 2

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

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $9,700,000 0.0% $687 / Sq Ft
08/02/2025 08/02/25 For Sale $9,700,000 -2.5% $687 / Sq Ft
07/16/2025 07/16/25 Off Market $9,950,000 -- --
04/23/2025 04/23/25 Price Changed $9,950,000 0.0% $705 / Sq Ft
04/23/2025 04/23/25 For Sale $9,950,000 -4.8% $705 / Sq Ft
04/16/2025 04/16/25 Off Market $10,450,000 -- --
03/17/2025 03/17/25 Price Changed $10,450,000 -1.4% $740 / Sq Ft
02/04/2025 02/04/25 For Sale $10,600,000 +523.5% $751 / Sq Ft
05/31/2018 05/31/18 Sold $1,700,000 -18.9% $1,181 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $2,095,000 -12.5% $1,456 / Sq Ft
03/04/2018 03/04/18 Price Changed $2,395,000 +14.3% $1,664 / Sq Ft
02/15/2018 02/15/18 For Sale $2,095,000 -- $1,456 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25494269

The MLS

APN: 4250-008-010