1840 11th Place, Los Angeles
Los Angeles 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
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90006
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- MLS® #:
- SB24005846
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- Bathrooms:
- 11
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- Lot Size:
- 0.10
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- HOA Dues:
- $
Price Change History for 1840 11th Place, Los Angeles, (MLS® #SB24005846)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,800,000) | $1,775,000 | $25,000 (1.39%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 16th, 2024 at 9:47am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.