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… Read More 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. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
88
Last Updated
Property Type
Other
Beds
24
Square Ft.
10,340
Lot Size
0.22 Acres
Year Built
1963
MLS Number
25524499
30 Days Snapshot Of 90230
$1.01M
-12%
(avg) sold price
17
+70%
homes sold
59
+40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
10,340 sq ft, Built in 1963, Levels: Multi/Split
Cooling
Window Unit(s)
Disclosures
As Is
Garage
Covered Parking
Heating
None
Lot
LotAcreage: 0.2182, LotSizeArea: 9,503
Parking
TotalParking: 0
Property
NumberOfUnits: 14, Zoning: LAR3
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