Thank you
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
310-425-9838
1820 W 11th St, Los Angeles is a high cash-flowing, renovated 9 unit building located near downtown. The property is currently operating at a 7.29% CAP Rate and 9.50 GRM. This is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. The subject property is comprised of (5) 1-Bed/1- Bath and (4) Studio/1-Bath units. 8/9 units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1820 W 11th St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1906
Building Area Total: 3,626
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1412
Lot Size Source: Assessor
Lot Size Square Feet: 6150
Original List Price: 1,900,000
Listing Contract Date: 2024-04-17
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5136020022
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Directions: Off Pico and Alvarado
Zoning: LAC1
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 118
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1637 S Vermont Avenue, Los Angeles, CA,90006 | $2,600,000 | -- | -- | -- | 12750 Sqft |
1833 W Pico Boulevard, Los Angeles, CA,90006 | $1,350,000 | -- | -- | -- | 6247 Sqft |
1225 S Harvard Boulevard, Los Angeles, CA,90006 | $1,200,000 | -- | -- | -- | 5918 Sqft |
980 S Oxford Avenue #403, Los Angeles, CA,90006 | $780,000 | 3 | 2 | 1,324 | 15497 Sqft |
1661 S Normandie Avenue, Los Angeles, CA,90006 | $1,200,000 | 2 | 1 | 3,396 | 6208 Sqft |
1421 Courtland Avenue, Los Angeles, CA,90006 | $900,000 | -- | -- | 2,087 | 3941 Sqft |
1144 Elden Avenue, Los Angeles, CA,90006 | $3,000,000 | 18 | -- | 9,758 | 7000 Sqft |
1138 S Mariposa Avenue, Los Angeles, CA,90006 | $1,499,000 | 8 | -- | 4,064 | 5904 Sqft |
1125 S Lake Street, Los Angeles, CA,90006 | $968,000 | 9 | 4 | 4,117 | 8579 Sqft |
2970 W 11th Street, Los Angeles, CA,90006 | $1,349,000 | 7 | -- | 4,103 | 5908 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 03:59
MLS: SB24076817
LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.