1516 W 11th Place, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1516 W 11th Place,Los Angeles, CA 90015
$885,000
  • 9 Beds
  • 5 Baths
  • 3,700 sq. ft.
  • Multi-family
  • Pending
Listed by: cassie corsaro, mireya bauelos
Office: nest seekers310-278-8861
MLS#:26651923
Source:CRMLS

Price summary

  • Price:$885,000
  • Price per sq. ft.:$239.19

About this home

1516 W 11th Place presents a true value-add investment opportunity in the heart of Los Angeles. This 4-unit property includes one vacant unit and three tenant-occupied units generating immediate in-place income. The vacant unit provides day-one upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer additional long-term rental growth potential, subject to local regulations + Rent Control. Ideal for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. Seller does not guarantee delivery of any additional units vacant at close of escrow. Buyer to assume existing tenancies and conduct their own independent investigation regarding occupancy, rent control guidelines, tenant rights, and any relocation or vacancy strategies. Located in a high-demand rental corridor with strong fundamentals and proximity to Downtown...

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Home facts

  • Year built:1912
  • Listing ID #:26651923
  • Added:102 day(s) ago
  • Updated:May 27, 2026 at 07:36 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Flooring:Wood
  • Kitchen Description:Microwave, Oven
  • Living area:3,700 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1912
  • Building area:3,700 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Craftsman

Finances and disclosures

  • Price:$885,000
  • Price per sq. ft.:$239.19

Parking

  • Parking description:Driveway, Guest
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