$1,900,000
1820 11th Street, Los Angeles 90006
5
Beds
9
Baths
6,150
Lot Size
9
# Of Units
Listing Agent
Cameron Samimi - Lyon Stahl Investment Real Estate, Inc.1820 W 11th St, Los Angeles is a high cash-flowing, renovated 9 unit building located near downtown. The property is currently operating at a 7.29% CAP Rate and 9.50 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 (5) 1-Bed/1- Bath and (4) Studio/1-Bath units. 8/9 units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1820 W 11th St 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.
Facts & Features
| MLS® # | SB24076817 |
|---|---|
| Price | $1,900,000 |
| Bedrooms | 5 |
| Bathrooms | 9.00 |
| Lot Size | 6,150 |
| Year Built | 1906 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 9 |
Community Information
| Address | 1820 11th Street |
|---|---|
| Area | 699 - Not Defined |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | 0-1 Unit/Acre |
|---|
Additional Information
| Date Listed | April 17th, 2024 |
|---|---|
| Days on Market | 12 |
| Zoning | LAC1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cameron Samimi |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |