2323 W 11th Street, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2323 W 11th Street,Los Angeles, CA 90006
$2,999,000
- 9 Beds
- 21 Baths
- 12,642 sq. ft.
- Multi-family
- Active
Listed by:peter paik
Office:epique realty
MLS#:25590793
Source:CRMLS
Price summary
- Price:$2,999,000
- Price per sq. ft.:$237.23
About this home
Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income
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Home facts
- Year built:1913
- Listing ID #:25590793
- Added:53 day(s) ago
- Updated:November 01, 2025 at 01:22 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:21
- Living area:12,642 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1913
- Building area:12,642 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$2,999,000
- Price per sq. ft.:$237.23
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