11915 Jefferson Boulevard, Culver City, CA 90230

$4,000,000
24
BD
14
BA
10,340
SqFt

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Sold Price
$4,000,000
List Price
$4,125,000
Closing Date
Aug 28, 2025
Status
CLOSED
MLS#
25524499
Year Built
1963
Bedrooms
24
Bathrooms
14
Living Sq. Ft
10,340
Lot Size
9,503
Acres
0.22
Days on Market
80
Property Type
Multifamily
Stories
Multi Level

Property Description

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 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.

Additional Information

Heat
None
Attached Structure
Detached
Number Of Units Total
14

Listing courtesy of Listing Agent: Michael Sterman (Michael.Sterman@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Juanita Tiu from Power Brokers

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.