1840 11th Place,

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Home For Sale

Built in 1900 but completely gutted with a new CofO in January 2022, 1840 W 11th Pl, Los Angeles is a high cash-flowing, renovated 6 unit building located near Downtown. The property is currently operating at 7% CAP Rate and 9 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 (1) 4Bed/4Bath, (1) 3Bed/3Bath and (4) Studio/1Bath units. All units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1840 W 11th Pl 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.

Property Details

1840 11th PlaceLot Size: 0.10Price: $1,775,000Zip: 90006
MLS® #: SB24005846School District: Days on Market: 71Listed By: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.

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Beach Cities Real Estate
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Additional Information

  • County:
    Los Angeles
  • Zip:
    90006
  • MLS® #:
    SB24005846
  • Lot Size:
    0.10
  • Neighborhood:
    LOS ANGELES (90006)
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Listing information last updated on July 31st, 2024 at 3:01pm PDT.