Cost of New Mar Vista Complex Cut by $1.25M, Now Going for $10.75M

Completed in 2024, the four-story contemporary building features a rooftop deck with panoramic views of the city, including the skyline and surrounding hills

A newly constructed apartment building in the Mar Vista neighborhood is listed for sale at $10.75 million. Located at 11600 National Boulevard, the 15-unit property offers modern amenities and a prime location.

The building’s listing follows a $1.25 million price reduction, originally entering the market at $12 million. The gross operating income is estimated at $647,480 annually, with net operating income projected at $436,383, according to its listing on Compass.

Completed in 2024, the four-story contemporary building features a rooftop deck with panoramic views of the city, including the skyline and surrounding hills. Each unit is equipped with high-end finishes, including laminate wood flooring, quartz countertops, and stainless steel appliances. All apartments include in-unit washers and dryers, as well as private balconies.

The property, which spans 14,123 square feet on a 0.18-acre lot, is located in the Westdale Trousdale neighborhood, known for its tree-lined streets and proximity to parks. Zoning allows for residential income use, with current rents for the one-bedroom units projected at $3,800 per month. The property includes gated parking for 14 vehicles and meets accessibility standards.

Related Posts

Design Options Emerge for Santa Monica Airport Conversion into Public Park

June 3, 2025

June 3, 2025

Community feedback, gathered through over 4,984 survey responses, shows a strong preference for pedestrian- and cyclist-friendly designs, integrated water systems,...

2025 Venice Pride to Feature a Block Party, Dance Event, Food Trucks, and More This Weekend

June 3, 2025

June 3, 2025

Attendees can expect performances by DJ Victor Rodriguez & Friends, a variety of community booths, food trucks, and a queer...

A Season of Gratitude: After One Year in Business, Urban Jungle Continues Making its Mark

June 2, 2025

June 2, 2025

Over the last year, Urban Jungle, an indoor and tropical plants nursery, has continued its mission to cultivate a place...

The soul’s greatest hits

June 2, 2025

June 2, 2025

From ‘Ave Maria’ to ‘Hallelujah Chorus’ and ‘Ode to Joy,” a Santa Monica concert raising funds to help fire victims...

Update: FireAid Fund Distributes $21M to Palisades and Adjacent Areas

June 2, 2025

June 2, 2025

The Pacific Palisades Community Council plans to briefly address this update at its next board meeting  The Pacific Palisades Community...

Project Aims to Preserve Palisades Fire Chimneys as Memorial

June 2, 2025

June 2, 2025

The proposed Palisades Fire Memorial, to be located on public land, will feature free-standing fireplaces and chimneys as a tribute...

Waymo Faces Escalating Tensions in Santa Monica Over Noise Complaints: REPORT

June 2, 2025

June 2, 2025

Some residents have resorted to blocking Waymo vehicles from entering the lots using cones, cars, and even themselves—a tactic locals...

Historic Venice Building Envisioned by Abbot Kinney Hits Market for $2.29M

June 2, 2025

June 2, 2025

Kinney envisioned the building as part of an institutional foundation to rival Renaissance Italy, focusing on education and culture A...

Alpine Floor & Home: A Legacy of Quality Since 1968

June 2, 2025

June 2, 2025

Founded in 1968 with a single location, Alpine Floor & Home began as a humble family business with a clear...

Palisades Council Demands Accounting of FireAid Concert Funds

June 1, 2025

June 1, 2025

The FireAid concert, held on January 30, at the Intuit Dome and Kia Forum, raised an estimated $100 million, with...

Palisades Art Gallery Hosts First Exhibit Since Wildfires

June 1, 2025

June 1, 2025

The exhibition features new works by Los Angeles-based contemporary artist Michael Gorman, known for his abstract figurative paintings that blend...

Defensible Space, Defined: How A Plus Tree Protects Communities from Wildfire

May 30, 2025

May 30, 2025

In the wildfire-prone landscapes of the Western United States, safeguarding homes and communities requires proactive measures. A Plus Tree, a...

Santa Monica Public Library Launches Summer Reading Program to Promote Literacy

May 30, 2025

May 30, 2025

Running from June 14 through August 16, the program encourages participants of all ages to track their reading progress and...

Palisades Village to Reopen in 2026 with Revamped Retail, Dining, and Community Spaces

May 29, 2025

May 29, 2025

Elysewalker Set to Return With Park Reconstruction, Holiday Events, and Streetscape Upgrades Palisades Village, the open-air shopping and lifestyle destination...

(Video) Signs That Your Aging Loved Ones Are in Need of Caregiving

May 29, 2025

May 29, 2025

To Find Out More, Go To Safelyhomeagain.com To Find Out More, Go To https://t.co/xwoTFv7YNV pic.twitter.com/3ci6iKi7Xs — Palisades News (@PalisadesNewsLA) May...