Property Detail

1800 Bundy

Los Angeles CA 90025

$2,400,000

Status: Active

Property Details

Description

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/1Bath, and (1) 2 Bed/2 Bath units, supporting broad renter appeal and durable long-term demand. One of the bachelor units is non-conforming. The asset also includes 10 on-site parking spaces 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 re-investment 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.

Map Location

Listing provided courtesy of William James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-05-12 08:11:25.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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