10594 National Boulevard, Los Angeles, CA 90034

$2,050,000
12
BD
8
BA
7,151
SqFt

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List Price
$2,050,000
Price Change
▼ $40,000 1784076983
Status
ACTIVE
MLS#
26833083
Year Built
1953
Bedrooms
12
Bathrooms
8
Living Sq. Ft
7,151
Lot Size
10,167
Acres
0.23
Days on Market
82
Property Type
Multifamily
Stories
Two Levels

Property Description

10594 National Blvd is an 8-unit apartment building in the Palms neighborhood of West Los Angeles. Built in 1953, the property comprises 7,151 square feet and features a gated courtyard-style community with a desirable mix of four one-bedroom/one-bath units and four two-bedroom/one-bath units. Recent upgrades include a new roof in 2024 and exterior painting.T he average in-place rent is approximately $1,717/month for one-bedrooms and $2,066/month for two-bedrooms. Comparable one-bedroom units in the submarket rent for approximately $2,500, while two-bedrooms achieve approximately $2,750 representing a clear upside opportunity for a new owner through natural tenant turnover and modest unit upgrades. The property sits on an oversized 10,167 square foot lot zoned LAR3, with secure entry, on-site laundry, and a surface parking lot with rear alley access featuring five covered and five uncovered spaces. The lot presents a strong ADU opportunity for a new owner to explore (Buyer to verify). The location offers tenants excellent access to Culver City, Century City, Santa Monica, and UCLA, as well as nearby shopping, dining, and transit. The central Westside location demands premium rents in one of Los Angeles' most supply-constrained neighborhoods.

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
8

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

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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.