1820 11th Street, Los Angeles

$1,900,000

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5 Beds
9 Baths
.14 Acre
0 Garage

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.

Essential Information

MLS® #
SB24076817
Price
$1,900,000
Bedrooms
5
Bathrooms
9.00
Acres
0.14
Year Built
1906
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
1820 11th Street
Area
699 - Not Defined
City
Los Angeles
County
Los Angeles
Zip Code
90006
Community Features
Urban
Senior Community
N

Amenities

Parking Spaces
6
Pool
None

Interior

# of Stories
2
Stories
Two

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
April 17th, 2024
Days on Market
17
Zoning
LAC1

Listing Details

Agent
Cameron Samimi

Office

Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 9:35am 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.