Property listed by Lyon Stahl Investment Real Estate, Inc., William James 310-425-9838
$2,400,000
11980 Nebraska Ave is a newly listed 11 unit multifamily opportunity in a Prime West Los Angeles pocket just off Bundy Dr., offering investors a compelling blend of stable in-place income and long-term upside in a supply constrained Westside submarket. The property is 100% occupied and features a diverse unit… Read More mix of (2) Bachelor/1 Bath, (8) 1 Bed/1Bath, and (1) 2 Bed/2 Bath units, supporting broad renter appeal and durable long-term demand. One of the bachelor units is non-conforming. The asset also includes 10 on-site parking spaces and is situated on LAR3 zoning, providing added flexibility and long-term value in a high-barrier Westside location. Residents benefit from excellent connectivity via the nearby Metro E Line at Expo/Bundy, providing direct access to both Downtown Los Angeles and Santa Monica. The immediate area continues to see meaningful re-investment and new housing delivery, including West Edge at Bundy & Olympic (the former Martin Cadillac site) and a Carmel Partners-led multifamily push just south along Bundy, reinforcing this corridor's momentum and institutional-level conviction in West L.A. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
9
Square Ft.
8,332
Lot Size
0.17 Acres
Year Built
1963
MLS Number
26653843
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1963, Living area: 8332.0, 1 building, Building faces North, 2 stories, Levels: Two, Entry location: Main Level, Construction Materials: Stucco
Cooling
WallWindowUnits
Fireplaces
None
Heating
WallFurnace
Income
Gross Income: $174,832, Net Operating Income: $90,749
Be the first to explore the latest properties to hit the market. From cozy retreats to stunning estates, these fresh listings are ready for you to discover. Don’t miss your chance to find the perfect home!
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
