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11755 Nebraska Ave Los Angeles, CA 90025
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Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,014 sqft
Price per Sqft $377
MLS Listing ID 24-408061
Sold Date 10/11/24
Bedrooms 10
Year Built 1962
Lot Size 7,377 Sqft
Acres 0.1694
Property Description
Great investment in the heart of one of the fastest developing areas of Los Angeles. Just drive down Santa Monica Blvd (3 blocks North) or Olympic Blvd (3 blocks South) and check out the level of investment in this neighborhood. The hot restaurant area of Sawtelle is just blocks away and the spectacular Santa Monica beaches are a 12 minute drive. Close to UCLA, 3 regional medical centers (employing 1000's of doctors, nurses & staff) and adjacent to pricey Brentwood. The building has a mix of units including Bachelor Apartments, Studios, 1 bedroom and 2 bedroom units, all currently under market rents. Huge value add potential by modernizing the units and sprucing up the exterior. Even without investing capital, this is an excellent investment. Location is directly across from the beautiful Open Space of Stoner Park which has a huge lap pool for swimming workouts, 6 championship tennis courts and more.
Location
State CA
County Los Angeles
Area West L.A.
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Range/Oven, Refrigerator
Laundry Community
Exterior
Parking Features Carport, Tandem
Garage Spaces 12.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with RE/MAX ESTATE PROPERTIES