Active

1651 W 11th Place

Los Angeles, CA 90015
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Bed 4

Bed

Bath 0

Bath

SqFt4,904

Sqft

SqFt6,129

Sqft(Lot)

Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.

Detail Ic Property Details

Property Type : Residential Income

Price : $895,000

AD Id : 76271368

MLS Id : 26666377

Beds : 4

Lot Size : 6,129 Sqft

Living Area Size : 4,904

Year Built : 1911

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 0 Half Baths: 0
  • Heating Source

    None Has Heating

  • Building Information

    Year Built: 1911 Building Area Total: 4,904

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1407
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6129

  • Listing Price Information

    Original List Price: 895,000 Listing Contract Date: 2026-03-18
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5137019020

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 1901 Directions: Please contact the listing agent for more details. Zoning: LARD1.5 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Property Age: 115 Year Built Source: Vendor Enhanced Total Square Feet Living: 4904 Levels or Stories: Multi/Split
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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
1211 W 11th Street, Los Angeles, CA, 90015 $3,800,000 5 -- 15,887 15,887 SqFt
1119 Albany Street #335, Los Angeles, CA, 90015 $419,000 1 1 797 797 SqFt
1516 W 11th Place, Los Angeles, CA, 90015 $885,000 9 -- 3,700 3,700 SqFt
1137 S Union Avenue, Los Angeles, CA, 90015 $859,000 4 -- 2,418 2,418 SqFt
1412 S Union Avenue, Los Angeles, CA, 90015 $1,350,000 3 2 1,300 1,300 SqFt

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ByOwner last updated this listing 06/16/2026 @ 23:53

MLS: 26666377 LISTED BY: Sean Namigohar, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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