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11967 Walnut Ln
Los Angeles, CA 90025

11967 Walnut Ln · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.11 AC
Building Size 4,628 SF
Average Occupancy 50%
No. Stories 2
Year Built 1964
Parking Ratio 0.86/1,000 SF

About 11967 Walnut Ln , Los Angeles, CA 90025

IMMEDIATE VALUE-ADD OPPORTUNITY WITH POTENTIAL FOR FUTURE GROUND-UP REDEVELOPMENT!!! 11967 walnut lane is a 4-unit apartment building located on LA’s westside, just blocks from Santa Monica and close to the Expo Line, Stoner Park, and trendy Sawtelle shopping and dining. This lovingly maintained midcentury 4-plex was originally constructed in 1964, and features an attractive unit mix with three (2 bed / 1.5 bath) units and one (3 bed / 2.5 bath) unit. All units have a two-story, townhome-style layout with floor to ceiling windows in the first floor living room that open to private, enclosed patios. The property is separately metered for electricity and master metered for water. There are four covered parking spaces in the rear of the property and coin operated laundry on-site. Units 3 and 4 are delivered vacant, creating an immediate value-add opportunity for an owner/occupant or investor. Units 1 and 2 are month to month. LAR3 zoning allows for future ground-up redevelopment. Buyer and buyer’s agent to verify all information.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 3 $2,750 -
3+2 1 $3,300 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4259-012-016
Land Assessment
$1,815,451
Improvements Assessment
$218,727
Total Assessment
$2,034,178

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 15011066

  • Date on Market: 1/28/2019

  • Last Updated:

  • Address: 11967 Walnut Ln, Los Angeles, CA 90025

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