REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Brian Noh • Nohco Real Estate
$ 925,000
Est. payment /mo
Active
1631 W 11th Place Los Angeles, CA 90015
4,430 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $208
MLS Listing ID CROC25157492
HOA Y/N No
Year Built 1910
Lot Size 6,127 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
ACTUAL 9.0 GRM/7.0% CAP RATE. PRO FORMA 7.8 GRM/8.7% CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx. 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing for immediately occupancy.This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can maximize rents and even utilizeSection 8 to create immense equity & cash flow. On a 6,127sf lot zoned RD1.5, this property is well located in Los Angeles near Downtown, CryptoArena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, CryptoArena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplace No
Laundry Other
Exterior
View City Lights
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION
QUICK SEARCH