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11807 COURTLEIGH Drive

11807 COURTLEIGH Drive
Los Angeles,CA 90066

Active $3,650,000

8,102

MLS #: 19431450 | Built 1962 | Lot Size: 0.186000 Acres | Area: C13 - Palms - Mar Vista | Type:


PROPERTY DESCRIPTION

We are proud to present "Courtleigh 10", an 80% vacant 10 unit multifamily investment property, composed of mostly one and two bedroom units situated on a 8,102 SF, LAR3 zoned lot, in the dynamic coastal community of Mar Vista, CA! "Courtleigh 10" is perfectly located to capitalize on the resulting demand for housing to accommodate the predominately young, well educated, and well paid workforce. Asking rents in this Submarket of Los Angeles have risen dramatically over the last several years, outperforming many traditionally high demand West LA submarkets. The opportunity to add value and cash flow with this investment is significant and immediate. Once the potential market rents are in place, this investment is projected to exceed the expected GRM and CAP rate expectations for this submarket!

Listing Provided By
Casey Lins, RE/MAX ESTATE PROPERTIES
Based on information from California Regional Multiple Listing Service, Inc. as of February 5, 2019. 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.

FILL OUT THE FORM BELOW & WE'LL BE IN TOUCH


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