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Multifamily

11745 Courtleigh Dr

11745 Courtleigh Dr, Los Angeles, CA 90066

Listing Price: $4,250,000

Cap Rate
3.39%
Number of Units
8
Price/Unit
$531,250
Price/Gross SF
$638.52
Gross SF
6,656

Investment Overview

Marcus & Millichap is pleased to present to market 11745 Courtleigh Drive, a pride-of-ownership eight-unit apartment building in Los Angeles, California. This asset is located on the border of the highly desirable Mar Vista and Del Rey neighborhoods just off of Washington Boulevard with easy access to dining, retail, beaches, and the 405 Freeway. 11745 Courtleigh Drive is a very well maintained 1989 construction with a sought-after mix of four two-bedroom/two-bath, one two-bedroom/one-bath, and three one-bedroom/one-bath units. The units are separately metered for gas and electricity, and unit amenities include balconies, central heating and air, gas fireplaces, and top-floor units boast vaulted ceilings. The property also offers controlled access, gated garage parking, and laundry facilities. This offering presents a new investor with the opportunity to acquire a beautiful piece of real estate in a strong coastal rental submarket, and current rents present 30 percent potential upside.

Investment Highlights

  • Pride-of-Ownership 1989 Construction With a Sought-After Mix of Four Two-Bed/Two-Bath, One Two-Bed/One-Bath, and Three One-Bed/One-Bath Units
  • Well-Located in the Desirable Mar Vista / Del Rey Area With Easy Access to Retail, Dining, Beaches, and the 405 Freeway
  • 30 Percent Potential Upside in Rents
  • Amenities Include Balconies, Gated Garage Parking, Controlled Access, On-Site Laundry, Heating and Air Conditioning, and Fireplaces and Vaulted Ceilings in Select Units

Exclusively Listed By

Financing By

Multifamily

11745 Courtleigh Dr

Listing Price: $4,250,000

Cap Rate
3.39%
Number of Units
8
Price/Unit
$531,250
Price/Gross SF
$638.52
Gross SF
6,656

Investment Highlights

  • Pride-of-Ownership 1989 Construction With a Sought-After Mix of Four Two-Bed/Two-Bath, One Two-Bed/One-Bath, and Three One-Bed/One-Bath Units
  • Well-Located in the Desirable Mar Vista / Del Rey Area With Easy Access to Retail, Dining, Beaches, and the 405 Freeway
  • 30 Percent Potential Upside in Rents
  • Amenities Include Balconies, Gated Garage Parking, Controlled Access, On-Site Laundry, Heating and Air Conditioning, and Fireplaces and Vaulted Ceilings in Select Units

Investment Overview

Marcus & Millichap is pleased to present to market 11745 Courtleigh Drive, a pride-of-ownership eight-unit apartment building in Los Angeles, California. This asset is located on the border of the highly desirable Mar Vista and Del Rey neighborhoods just off of Washington Boulevard with easy access to dining, retail, beaches, and the 405 Freeway. 11745 Courtleigh Drive is a very well maintained 1989 construction with a sought-after mix of four two-bedroom/two-bath, one two-bedroom/one-bath, and three one-bedroom/one-bath units. The units are separately metered for gas and electricity, and unit amenities include balconies, central heating and air, gas fireplaces, and top-floor units boast vaulted ceilings. The property also offers controlled access, gated garage parking, and laundry facilities. This offering presents a new investor with the opportunity to acquire a beautiful piece of real estate in a strong coastal rental submarket, and current rents present 30 percent potential upside.

Exclusively Listed By

Financing By

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