11980 Nebraska Ave (1800 S. Bundy Dr)

Description

11980 Nebraska Ave is a newly listed 11-unit multifamily opportunity in a prime West Los Angeles pocket just off Bundy Drive, 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 (1) Studio/1 Bath, (7) 1 Bed/1 Bath, (1) 2 Bed/2 Bath, and (1) Bachelor, supporting broad renter appeal and durable long-term demand. 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 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.