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$1,775,000
10 bath
0 Sqft
4,166 Sqft lot

1840 11th Place, Los Angeles, California 90006

  • Residential Income Property Type
  • 118 Days Time on market
  • 2022 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
SB24005846
$1,775,000
10
0 Sqft
2022
4,166 Sqft
Active
Apartment
Houses
Features
: Urban
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90006
1840 11th Place
1840
Place
0
W119° 43' 15.4''
N34° 2' 54.8''
Additional Information
118
1
2
0
3,744 Sqft
1
0 Sqft
0 Sqft
0.10 Sqft
4,166 Sqft
1
: 2+ Common Walls
0 Sqft
5136021016
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
16/01/2024 13:49:26
$1,800,000
: Standard
CashtoNewLoan,Conventional,1031 Exchange
Off Alvarado and Pico
Destrahan
Harry Hurst
Lyon Stahl Investment Real Estate, Inc.
Cameron Samimi
sb1310620
SBSAMICAM
$0
7.4
64
1
: Item01unitacre
1
1
: Square Feet
: Community Apartment
yes
1
1
1
1
6
0
196701
US-06037-N-5136021016-R-N
Apartment
20/03/2024 23:13:56
11th
KREA - Koreatown
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