11755 Nebraska Ave, Los Angeles, CA 90025

10 Unit Apartment Building | $2,800,000 ($280,000/Unit) | 4.18% Cap Rate | Los Angeles, CA 90025

Asking Price $2,800,000

Property Type: Multifamily
Square Feet: 7,014 SF

Listing Contacts

Chris Chasin

Shaya Braverman

Property Overview

Partners CRE is proud to exclusively present for sale, a rare opportunity to acquire a 10-unit apartment building in the heart of West Los Angeles. The property has an excellent mix of four (4) 1BR+1 Bath, two (2) 2 BR + 1 Bath, two studios, and two bachelor units. All the current rents are below market, giving an investor an opportunity to add value by modernizing the units and sprucing up the exterior. There are 12 total parking spaces, 8 of the 10 units have parking, 4 units have double tandem spaces. Each unit has a gas wall furnace. There is no central air or AC. There is a coin operated washer and dryer located in a laundry room on site. Also, a majority of the units have carpet, and a few have some vinyl flooring. The building sits on a 7,375 square foot corner lot directly across the street from Stoner Park.
The property is a short driving distance to many restaurants, shopping, and it’s a 12-minute drive to Santa Monica beach. The property is close to UCLA, 3 regional medical centers (employing 1000’s of doctors, nurses & staff) and adjacent to pricey Brentwood.

Property Details

Class: C
Year Built: 1962
Stories: 2
Lot Size (sq. ft): 7,405 SF
Units: 10

Nearby Properties

$2,800,000

10 Units in Prime West LA

10 Unit Apartment Building | $2,800,000 ($280,000/Unit) | 4.18% Cap Rate | Los Angeles, CA 90025

11755 Nebraska Ave
Los Angeles, CA 90025

View Details
$29,822,000

FK Nursery Development Portfolio

9 Land Properties Offered at $29,822,000 in Los Angeles, CA

2020 Federal Ave
Los Angeles, CA 90025

View Details
$2,450,000

Retail Building Along Santa Monica Blvd.

3,297 SF | Retail Building | Los Angeles, CA 90025 | $2,450,000 ($743/SF)

11517 Santa Monica Blvd
Los Angeles, CA 90025

View Details
$3,240,000

1440 S Barrington Ave

7 Unit Apartment Building | $3,240,000 ($462,857/Unit) | 3.59% Cap Rate | Los Angeles, CA 90025

1440 Barrington Ave
Los Angeles, CA 90025

View Details
$2,295,000

0.17 Acres of Commercial Land Offered at $2,295,000 USD in Los Angeles, CA 90025

1723 Corinth Ave
Los Angeles, CA 90025

View Details
$2,395,000

8 Unit Apartment Building | $2,395,000 ($299,375/Unit) | 4.33% Cap Rate | Los Angeles, CA 90025

1539 Corinth Ave
Los Angeles, CA 90025

View Details
$5,150,000

8 Unit Apartment Building | $5,150,000 ($643,750/Unit) | 4.18% Cap Rate | Los Angeles, CA 90025

1334 Barry Ave
Los Angeles, CA 90025

View Details

Similar Properties

$2,800,000

Signal Hill Motel

16 Room Hotel | Signal Hill, CA 90755 | $2,800,000 ($175,000/Room)

3101 Pacific Coast Hwy
Signal Hill, CA 90755

View Details
$2,800,000

2.17 Acres of Industrial Land Offered at $2,800,000 USD in Jurupa Valley, CA 92509

8804 Jurupa Rd
Jurupa Valley, CA 92509

View Details
$2,800,000

He Development

10.3 Acres of Commercial Land Offered at $2,800,000 USD in Port Orchard, WA 98366

4311 Bethel Rd
Port Orchard, WA 98366

View Details
$2,800,000

Direct River Frontage

3.71 Acres of Residential Land Offered at $2,800,000 USD in Merritt Island, FL 32953

Tropical Trl
Merritt Island, FL 32953

View Details
$2,800,000

Prospect on the Ave

20 Unit Apartment Building | $2,800,000 ($140,000/Unit) | 6.65% Cap Rate | North Charleston, SC 29405

3317 Florida Ave
North Charleston, SC 29405

View Details
$2,800,000

13,000 SF | 100% Leased | Retail Building | Atlanta, GA 30318 | $2,800,000 ($215/SF)

905 James Jackson Pkwy
Atlanta, GA 30318

View Details
$2,800,000

18,312 SF | Industrial Building | Cocoa Beach, FL 32931 | $2,800,000 ($153/SF)

1900 Atlantic Ave
Cocoa Beach, FL 32931

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].