Active

1211 W 11th Street

Los Angeles, CA 90015
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Bed 5

Bed

Bath 0

Bath

SqFt15,887

Sqft

SqFt6,746

Sqft(Lot)

The building is located less than 400 feet from LA Live, the $2.5 billion campus housing 5,600,000 square feet of sports and entertainment venues. Also adjacent to the property are Crypto.com Arena, LA Convention Center, and numerous new retail and entertainment destinations. Available at an attractive 7.42% CAP Rate based on current income, an investor can gain a substantial foothold in the Downtown Los Angeles submarket for the comparatively low price of only $115,152 per apartment unit. In addition to enjoying strong immediate cash flows, a new owner can also dramatically improve returns over time, as current rents are approximately 40% below market. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), which will save a new owner from an otherwise costly expense. Several capital improvements have been made at the property recently, including an all new electric system, updated plumbing, new windows, a new front gate, and new hallway tile. The building is also separately metered for both gas and electricity, a rare occurrence among buildings constructed in this time period. Because of its proximity to the venues of numerous 2028 Summer Olympic events, the property sits in the direct path of scheduled infrastructure improvements that should boost the entire local neighborhood.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,800,000

AD Id : 75470325

MLS Id : 26647019

Beds : 5

Lot Size : 6,746 Sqft

Living Area Size : 15,887

Year Built : 1912

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 33 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1912 Building Area Total: 15,887

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1549 Lot Size Dimensions: 45x150
  • Lot Size Source: Assessor Lot Size Square Feet: 6746

  • Listing Price Information

    Original List Price: 3,800,000 Listing Contract Date: 2026-02-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5137010012

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 1258 Directions: We are pleased to announce the opportunity to purchase 1211 W 11th Street, a 33-unit multifamily property situated in Downtown Los Angeles, CA. Zoning: LAC2 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Property Age: 114 Year Built Source: Vendor Enhanced Total Square Feet Living: 15887 Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
939 S Broadway #1006, Los Angeles, CA, 90015 $625,000 2 1 1,240 1,240 SqFt
1111 S Grand Avenue #1111, Los Angeles, CA, 90015 $495,000 1 1 950 950 SqFt
900 W Olympic Boulevard.., Los Angeles, CA, 90015 $1,099,000 1 2 1,300 1,300 SqFt
1119 Albany Street #335, Los Angeles, CA, 90015 $419,000 1 1 797 797 SqFt
1137 S Union Avenue, Los Angeles, CA, 90015 $859,000 4 -- 2,418 2,418 SqFt
1651 W 11th Place, Los Angeles, CA, 90015 $895,000 4 -- 4,904 4,904 SqFt
1412 S Union Avenue, Los Angeles, CA, 90015 $1,350,000 3 2 1,300 1,300 SqFt
1711 Toberman Street, Los Angeles, CA, 90015 $598,000 5 -- 1,860 1,860 SqFt
1715 Toberman Street, Los Angeles, CA, 90015 $525,000 2 -- 2,215 2,215 SqFt

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ByOwner last updated this listing 06/21/2026 @ 16:24

MLS: 26647019 LISTED BY: Roderick 'Rick' Raymundo, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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