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$4,125,000

Est. payment - /mo

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24 Beds

14 Baths

10,340 SqFt

Active

11915 Jefferson BLVD Culver City, CA 90230

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Chris Mardelli

Upside

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,340 sqft

Price per Sqft $398

MLS Listing ID 25524499

Bedrooms 24

HOA Y/N No

Year Built 1963

Lot Size 9,504 Sqft

Property Description

We are pleased to present 11915 Jefferson Blvd, a 14 unit apartment building located in Playa Vista, a neighborhood in the Westside area of Los Angeles, CA. Built in 1963, the property consists of (4) one-bedroom + one-bathroom units and (10) two-bedroom +one-bathroom unit. The building is 10,340 gross square feet and sits on a 9,500 square foot lot.11915 Jefferson Blvd is located on a charming, tree-lined street in Playa Vista. There is no shortage of activities to explore in the area. From popular hiking trails of Baldwin Hills to touring Sony Pictures Studio. Playa Vista, centrally located in West Los Angeles, offers easy access to Santa Monica, Downtown LA, and Beverly Hills via the 405 and 10 freeways. Close to Silicon Beach and Venice, it's a hub for entertainment, tech, and dining. The Metro E Line connects it to Downtown LA and Santa Monica, making it a prime spot for work and leisure. 11915 Jefferson Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.16% with the ability to improve to a 7.08% CAP rate once units turnover.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning LAR3

Interior

Heating None

Fireplace No

Exterior

Parking Features Covered

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4220016033

Special Listing Condition Standard

Listed by Michael Sterman • Marcus & Millichap

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