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11980 Nebraska Ave

Los Angeles, CA 90025
$1,900,000
11980 Nebraska Ave
11
Units
$172,727
Price / Unit
1963
Year Built
$228
Price / SF
8,332
Building SF

About the Property

11980 Nebraska Ave is a newly listed 11 unit multifamily opportunity in a Prime West Los Angeles pocket just off Bundy Dr., offering investors a compelling blend of stable in-place income and long-term upside in a supply constrained Westside submarket. The property is 100% occupied and features a diverse unit mix of (2) Bachelor/1 Bath, (8) 1 Bed/1 Bath, and (1) 2 Bed/2 Bath, supporting broad renter appeal and durable long-term demand. One of the bachelor units is non-conforming. The asset also includes 10 on-site parkingspaces and is situated on LAR3 zoning, providing added flexibility and long-term value in a high-barrier Westside location. Residents benefit from excellent connectivity via the nearby Metro E Line at Expo/Bundy, providing direct access to both Downtown Los Angeles and Santa Monica. The immediate area continues to see meaningful reinvestment and new housing delivery, including West Edge at Bundy & Olympic (the former Martin Cadillac site) and a Carmel Partners-led multifamily push just south along Bundy, reinforcing this corridor’s momentum and institutional-level conviction in West L.A.

Location

Deal Highlights

Prime West Los Angeles Location
The subject property is located in the highly desirable West Los Angeles submarket, along South Bundy Drive, with convenient access to the I-10 Freeway, major em - ployment centers, and surrounding Westside neighbor - hoods including Brentwood, Sawtelle, and Santa Monica.
Nearby Developments
The location benefits from continued development including West Edge at Bundy & Olympic and a proj - ect south of Olympic by Carmel Partners that will in - clude over 600 residential units.
Ample Parking
The property features 10 on-site parking spaces, a valuable amenity in this location that enhances tenant retention and supports long-term desirability.
Proximity to Metro Expo Line
The property benefits from close proximity to the Expo/ Bundy Station, providing convenient access to the Met- ro E (Expo) Line with direct connectivity to Downtown Los Angeles and Santa Monica. This transit adjacency supports strong renter demand and enhances long- term appeal for a commuter-oriented tenant base.
Great Unit Mix and Spacious Layouts
The property consists of 11 residential units spread across approximately 8,332 square feet of rentable space . The unit mix includes one (8) 1 Bed, 1 Bath, (1) 2 Bed, 2 Bath, and (2) Bachelor units. One bachelor unit is non-con - forming.

Area Demographics

$990,463
Household Income
55,408
Population
81
Walk Score
83
Transit Score
63
Bike Score

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