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1631 W 11th Place Los Angeles, CA 90015
$995,000 0 beds, 0 baths
0 sqft
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Agent Remarks

ACTUAL 9.7 GRM/6.5% CAP RATE. PRO FORMA 8.4 GRM/8.0%+ CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing for immediately occupancy. This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can maximize rents and even utilize Section 8 to create immense equity & cash flow. On a 6,127sf lot zoned RD1.5, this property is well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, Crypto Arena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# OC25089007
List price is $995,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1910
2 stories
0.14 acres
Lot size: 0.1407
County: Los Angeles
Zoning: LARD1.5
Construction: Shake Siding
Interior features: Ceiling Fan(s)
Appliances: Disposal,Gas Range,Water Heater
Parking description: Driveway
Lot description: TwoToFiveUnitsAcre
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 4/30/2025

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.047647, -118.276424.
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Listing Agent: Brian Noh
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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