• 1820 W 11th Street Los Angeles, CA 90006

  • $1,900,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,626
    Sq Ft
  • 6150
    Sqft
  • Listed By: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., DRE #02035763
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1906

Building Area Total: 3,626

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1412

Lot Size Source: Assessor

Lot Size Square Feet: 6150

Listing Price Information

Original List Price: 1,900,000

Listing Contract Date: 2024-04-17

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5136020022

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

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

Nearby Home Value

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.

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