11915 Jefferson Boulevard
Culver City, CA 90230
10340 sqft | 24 beds | 0.22 acres | #25524499
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 4.70% with the ability to improve to a 7.11% CAP rate once units turnover.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$4,125,000
- MLS #25524499
- MLS #25524499
- Cost4125000
- Acres0.2182
- Square Feet10340
- Year Built1963
- Bedrooms24
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Sterman (#CLW-C129728)
Listing Office: Marcus & Millichap (#CLW-X75151)
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