1651 W 11th Place, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1651 W 11th Place,Los Angeles, CA 90015
$925,000
  • 4 Beds
  • 4 Baths
  • 4,904 sq. ft.
  • Multi-family
  • Active
Listed by: sean namigohar
Office: lyon stahl investment real estate, inc.
MLS#:26666377
Source:CRMLS

Price summary

  • Price:$925,000
  • Price per sq. ft.:$188.62

About this home

This well-located 4-unit value-add apartment community presents a compelling investment opportunity just outside of Downtown Los Angeles. The property offers an ideal blend of stable in-place income and significant upside potential, making it attractive for both seasoned investors and those looking to expand their multifamily portfolio in a high-demand rental market.The asset consists of four spacious one-bedroom units, each featuring a functional layout that includes a separate living room, dining area, and dedicated laundry space. With approximately 1,200 square feet per unit, these residences are substantially larger than typical one-bedroom apartments in the area, providing tenants with a more comfortable and livable environment. This added space enhances tenant retention and supports strong rental demand.Offered at approximately $188 per square foot, the property represents an attractive basis compared to similar assets in the surrounding submarket. The current cap rate of 5.53%...

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Home facts

  • Year built:1911
  • Listing ID #:26666377
  • Added:9 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:4,904 sq. ft.

Structure and exterior

  • Year built:1911
  • Building area:4,904 sq. ft.
  • Lot area:0.14 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$188.62

Parking

  • Parking description:Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of March 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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