10
See all 10 photos
$4,125,000
Est. payment /mo
24 Beds
14 Baths
10,340 SqFt
New
11915 Jefferson BLVD Culver City, CA 90230
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
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 4.70% with the ability to improve to a 7.11% 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