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9337 National Blvd

Los Angeles, CA 90034
  • $3,895,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 22-143353
Price Reduced
UPDATED: 34 min ago
$3,895,000
  • 13
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,971
    SQFT
  • $489
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Seven out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical // Competitively priced at a 3.8% cap on actuals to be a 5% cap // Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances, and in-unit washer and dryers // Opportunity to achieve over 20% rental upside by completing upgrades when remaining two units vacate // Residents benefit from onsite, gated parking and secure entrances // Half a mile from the Palms Station for the Expo Metro line, connecting the property to Santa Monica, Downtown Los Angeles and beyond // Surrounded by known tech hubs of Culver City and the "Silicon Beach" cities of Santa Monica, Venice and Playa Vista // Direct access to shopping and dining destinations in Los Angeles, from Beverly Hills triangle and Century City Westfield Mall to walkable Brentwood and Santa Monica // Easy commutes to job centers including Culver City, Santa Monica, Playa Vista, Beverly Hills, Century City and Downtown Los Angeles

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. 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.
www.markwiseproperties.com/homes/127379297
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9337 National Blvd Los Angeles, CA 90034

  • Price: $3,895,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 34 min ago
  • MLS #: 22-143353
13
Beds
0
Baths
0
½ Baths
0.16
Acres
7,971
SQFT
$489
$/SQFT
1964
Built
Neighborhood:
Beverlywood Vicinity
County:
Los Angeles
Area:
Beverlywood Vicinity
Property Description
Seven out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical // Competitively priced at a 3.8% cap on actuals to be a 5% cap // Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances, and in-unit washer and dryers // Opportunity to achieve over 20% rental upside by completing upgrades when remaining two units vacate // Residents benefit from onsite, gated parking and secure entrances // Half a mile from the Palms Station for the Expo Metro line, connecting the property to Santa Monica, Downtown Los Angeles and beyond // Surrounded by known tech hubs of Culver City and the "Silicon Beach" cities of Santa Monica, Venice and Playa Vista // Direct access to shopping and dining destinations in Los Angeles, from Beverly Hills triangle and Century City Westfield Mall to walkable Brentwood and Santa Monica // Easy commutes to job centers including Culver City, Santa Monica, Playa Vista, Beverly Hills, Century City and Downtown Los Angeles
Exterior Features

Direction Faces South Levels Two Lot Size Area 6850 Other Structures Other Parking Garage Gated Style Modern Total Parking 8 View Description City View YN Yes

Interior Features

Baths Total 13.00 Cooling Air Conditioning Equipment WasherDryer Heating Other

Property Features

Gross Income 249756 Gross Operating Income 242263 Like Units1 1 Like Units2 5 Like Units3 2 Like Units4 1 Net Operating Income 157327.00 Number Of Buildings 1 Number Of Units 9 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Developer Source Lot Size Area Assessor Total Annual Expense 84936 Type Of Units Residential Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Noah Pharoah DRE# of Colliers International Greater Los Angel.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. 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.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270