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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 : ResidentialIncome

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 beds: 5

    Bathroom Information

    Total Baths: 33

  • Building Information

    Year Built: 1912
    Building Area Total: 15887
    Private Pool: No

  • Lot Information

    Lot Dimensions: 45x150 Main Square Feet: 6746 Lot Size Acres: 0.1549 Lot Size Source: Assessor Lot Size Square Feet: 6,746

  • Listing Price Information

    Listing Price: $3800000

  • Tax Information

    Parcel Number: 5137010012

  • Location Information

    Direction: We are pleased to announce the opportunity to purchase 1211 W 11th Street, a 33-unit multifamily property situated in Downtown Los Angeles, CA.
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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
645 W 9th Street #618, Los Angeles, CA, 90015 $529,000 2 2 1,030 1,030 SqFt
1137 S Union Avenue, Los Angeles, CA, 90015 $859,000 4 -- 2,418 2,418 SqFt
1340 Constance Street, Los Angeles, CA, 90015 $999,990 6 -- 3,009 3,009 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 08/11/2026 @ 12:45

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

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