1651 W 11th Place, Los Angeles, CA 90015
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1651 W 11th Place,Los Angeles, CA 90015
$850,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: sean namigohar
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26666377
Source:CRMLS
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Price summary
- Price:$850,000
About this home
Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
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Home facts
- Year built:1911
- Listing ID #:26666377
- Added:158 day(s) ago
- Updated:August 25, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Structure and exterior
- Year built:1911
Finances and disclosures
- Price:$850,000
Parking
- Parking description:Driveway
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