This Multifamily Property is no longer advertised on LoopNet.com.

11265 Palms Blvd
Los Angeles, CA 90066
 Palms Pointe Apartments · Multifamily Property For Sale · 24 Units

Apartment Buildings California Los Angeles 11265 Palms Blvd, Los Angeles, CA 90066

Investment Highlights

  • The property owner has been able to increase the rents 100% on all previously vacated units estimated 50%± upside in NOI
  • Large lot: Potential to add units for up to a total of ±51 units
  • Minutes to Venice, Santa Monica, Culver City, Beverly Hills, Westwood and convenient access to shopping, dining, entertainment, and cultural venues.
  • Ten units have been renovated. Two units to be delivered vacant. (Unrenovated) and potential to build Accessory Dwelling Units (ADUs)
  • Beautiful park-like setting with mature trees, property has dog run and sound wall keeps the property quiet

Property Facts

No. Units 24 Building Size 25,688 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype Apartment No. Stories 2
Apartment Style Low-Rise Year Built 1947
Building Class C Parking Ratio 2.14/1,000 SF
Lot Size 0.94 AC
Zoning R3-1, Los Angeles
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.94 AC
Building Size 25,688 SF
Average Occupancy 100%
No. Stories 2
Year Built 1947
Parking Ratio 2.14/1,000 SF
Zoning R3-1, Los Angeles

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - -
3+1 7 - -
3+2 8 - -
1+1 1 - -

Links

Property Taxes

Parcel Number 4249-001-011 Improvements Assessment $3,077,503
Land Assessment $7,428,456 Total Assessment $10,505,959

Property Taxes

Parcel Number
4249-001-011
Land Assessment
$7,428,456
Improvements Assessment
$3,077,503
Total Assessment
$10,505,959
 

  • Listing ID: 22903455

  • Date on Market: 5/3/2021

  • Last Updated:

  • Address: 11265 Palms Blvd, Los Angeles, CA 90066

More public record information on 11265 Palms Blvd, Los Angeles, CA 90066

The Mar Vista Multifamily Property at 11265 Palms Blvd, Los Angeles, CA 90066 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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