Listed By Lyon Stahl Investment Real Estate, Inc., Cameron Samimi
310-259-7556
1840 W 11TH PL Los Angeles, CA 90006
$1,775,000
—
Bedrooms
—
Total Baths
—
Full Baths
3,744
Square Feet
0.10
Acres
2022
Year Built
Active
Status
MLS#
SB24005846
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.
Details for 1840 W 11TH PL
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Lyon Stahl Investment Real Estate, Inc., 310-425-9838
MLS# SB24005846
Updated 8:00AM - 5/3/2024
Listing Agent Cameron Samimi
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