1631 W 11th Place, Los Angeles, CA 90015
Local realty services provided by:Better Homes and Gardens Real Estate Registry
1631 W 11th Place,Los Angeles, CA 90015
$925,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:brian noh
Office:nohco real estate
MLS#:OC25157492
Source:SANDICOR
Price summary
- Price:$925,000
About this home
ACTUAL 9.0 GRM/7.0% CAP RATE. PRO FORMA 7.8 GRM/8.7% 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 utilizeSection 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, CryptoArena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, CryptoArena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.
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Home facts
- Listing Id #:OC25157492
- Added:22 day(s) ago
- Updated:August 17, 2025 at 02:02 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Structure and exterior
- Roof:Composition
Finances and disclosures
- Price:$925,000
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