Los Angeles, CA 90015,1631 W 11th PL
See all 16 photos
Los Angeles, CA 90015,1631 W 11th PL
Los Angeles, CA 90015,1631 W 11th PL
Los Angeles, CA 90015,1631 W 11th PL
Los Angeles, CA 90015,1631 W 11th PL
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
1
May
Fri
2
May
Sat
3
May
$ 995,000
Est. payment /mo
Save
New

1631 W 11th PL Los Angeles, CA 90015

6,128 Sqft Lot


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25089007

HOA Y/N No

Year Built 1910

Lot Size 6,128 Sqft

Property Sub-Type Apartment

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

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Range, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway

Fence Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces South

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5137019024

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Brian Noh • Nohco Real Estate • 9493085775
agent

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1631 W 11th PL