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Investment Highlights

  • 13-unit multifamily property in prime West Los Angeles
  • Renovated units feature quartz countertops, stainless steel appliances, subway tile backsplashes, and updated bathrooms
  • Centrally located near Mar Vista, Palms, Culver City, and Sawtelle
  • Desirable unit mix of (5) 2BD/2BA and (8) 1BD/1BA units
  • Charming courtyard-style property
  • Convenient access to Santa Monica, Century City, UCLA, Silicon Beach, and major Westside employment centers

Executive Summary

Jonathan Taksa of the Taksa Investment Group is pleased to present 11825 National Boulevard, an excellent opportunity to acquire an upgraded 13-unit apartment community in a prime West Los Angeles location. Built in 1971, the property offers an attractive and highly rentable unit mix consisting of five 2-bedroom/2-bath units and eight 1-bedroom/1-bath units.
The property has benefited from substantial interior improvements, with many units having undergone extensive luxury renovations. Upgraded residences feature sleek wood style flooring, remodeled bathrooms, modern kitchens with subway tile backsplashes and quartz countertops, stainless steel appliances, and in-unit washers and dryers. Select units also feature French-door balconies, spacious bedrooms, generous closet space, and en-suite primary bathrooms. Large windows and abundant natural light create bright, inviting interiors throughout the property.
The building features a charming courtyard-style design with controlled intercom entry, providing residents with a more intimate residential environment than a traditional apartment building. The property also offers ample on-site parking.
Located along National Boulevard in the heart of West Los Angeles, the property benefits from its central position between Mar Vista, Palms, Culver City, and Sawtelle, with convenient access to some of the Westside’s most important employment, dining, shopping, and entertainment destinations. Residents enjoy excellent connectivity to Culver City, Century City, Santa Monica, UCLA, Silicon Beach, and the greater Westside, as well as convenient access to the I-10 and I-405 freeways.
The combination of a desirable Westside location, strong unit mix, extensively renovated interiors, and attractive residential amenities makes 11825 National Boulevard a compelling multifamily investment in one of Los Angeles’ most consistently sought-after rental markets.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $566,388 $47.87
Other Income $1,302 $0.11
Vacancy Loss $16,991 $1.44
Effective Gross Income $550,699 $46.55
Taxes - -
Operating Expenses - -
Total Expenses $191,299 $16.17
Net Operating Income $359,400 $30.38

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $566,388
Annual Per SF $47.87
Other Income (CAD)
Annual $1,302
Annual Per SF $0.11
Vacancy Loss (CAD)
Annual $16,991
Annual Per SF $1.44
Effective Gross Income (CAD)
Annual $550,699
Annual Per SF $46.55
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $191,299
Annual Per SF $16.17
Net Operating Income (CAD)
Annual $359,400
Annual Per SF $30.38

Property Facts

Price $6,717,881 CAD
Price Per Unit $516,760 CAD
Sale Type Investment
Cap Rate 5.35%
Gross Rent Multiplier 11.83
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.23 AC
Building Size 11,831 SF
Average Occupancy 100%
No. Stories 2
Year Built 1971
Zoning LAR3 - Multi Family Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 5 - -
1+1 8 - -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4257-019-044
Land Assessment
$3,087,754 CAD (2025)
Improvements Assessment
$4,322,856 CAD (2025)
Total Assessment
$7,410,610 CAD (2025)
  • Listing ID: 41861998

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 11825 National Blvd, Los Angeles, CA 90064

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