1820 W 11th St - Apartments FOR SALE


Los Angeles, CA 90006
$1,999,000 USD
310-903-0222
1820 W 11th St, Los Angeles, CA for Sale
$1,999,000 USD
Apartments - FOR SALE
1/68
null | 6.28% Cap Rate

1820 W 11th St
Los Angeles, CA 90006


HIGHLIGHTS

  • Completely Renovated in 2024 with all new building systems
  • Historic Downtown LA neighborhood w/ proximity to jobs and entertainment
  • Upside with increase in rents and potential to add Duplex ADUs in rear yard
  • Sprinklers and Fire alarm throughout

OVERVIEW

Presenting for sale: A Multi-Family 9 unit property with a detached Bungalow in the front. A timeless Victorian built in 1906. The exterior honors the History of Los Angeles, a sunny reminder of a time when the city of Los Angeles bloomed into a Gilded Age American boom town. In juxtaposition, the interior is an ode to modern aesthetics with granite countertops and up-to-date floors, bathrooms, and kitchens. A complete gut renovation with all new systems replaced, completed in 2024. There is further upside potential to add Duplex ADUs in the rear yard.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$535 USD /SF

# OF UNITS

9

PRICE/UNIT

$222,111

CAP RATE

6.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C1-1-HPOZ

APN/PARCEL ID

5136-020-022

ASK ABOUT THIS PROPERTY

Logan AltmanAltman Apartments LLCMore Info
310-903-0222

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Logan AltmanAltman Apartments LLCMore Info
310-903-0222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.