CA > Los Angeles
Los Angeles, CA 90015,1631 W 11th Place
Los Angeles, CA 90015,1631 W 11th Place
Los Angeles, CA 90015,1631 W 11th Place
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$995,000
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4,430 SqFt
Active

1631 W 11th Place Los Angeles, CA 90015

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,430 sqft

Price per Sqft $224

MLS Listing ID CROC25089007

HOA Y/N No

Year Built 1910

Lot Size 6,127 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

ACTUAL 9.7 GRM/6.5% CAP RATE. PRO FORMA 8.4 GRM/8.0%+ 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 utilize Section 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, Crypto Arena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, Crypto Arena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Laundry Other

Exterior

View Y/N true

View City Lights

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5137019024

Bridge MLS
© 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.
Listed by Brian Noh • Nohco Real Estate

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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