Built in 1900 but completely gutted with a new CofO in
January 2022, 1840 W 11th Pl, Los Angeles is a high
cash-flowing, renovated 6 unit building located near
Downtown. The property is currently operating at 7%
CAP Rate and 9 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 (1) 4Bed/4Bath,
(1) 3Bed/3Bath and (4) Studio/1Bath units. All units
have been extensively renovated, including floors,
cabinets, bathrooms and all major systems.
1840 W 11th Pl 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
Sell a home like this and save $106,001 Find Out How
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®.
Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to
purchase real estate, is prohibited.
ByOwner last updated this listing 05/19/2024 @ 03:10
MLS: SB24005846
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.
