$1,595,000 1839 W 11th Place Los Angeles, CA

MLS: 21705690   Type: Income   County: Los Angeles   City: Los Angeles   Area: Downtown L.a.   Zip: 90006  

Mortgage $7,488 /mo



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Welcome to a well maintained 4 unit property that has low maintenance/costs boasting close to a HARD TO FIND 6.5% CAP rate. Property consists of 2 buildings. Front building has a unit down stairs and a unit up stairs. The rear building has 2 units. Ownership has invested $200k+ in improvements. Full copper plumbing, some upgraded electrical, and some upgraded drainage, some upgraded windows, & more. Tenants all current and paying rent. The property is being sold AS IS. Property is historic per Zimas. Inside with accepted offer. Do Not disturb tenants.

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Price History

3/18/2021 Listed $1,499,000
5/11/2021 1% - $1,484,999

Additional Parcels Y/N No
Co-Listing Agent State License # 02090155
Co-listing Agent Morris Peykar - BRE#02090155
Heating Wall Furnace
Listing Agent Fred Nabati - BRE#01276914
Listing Agent State License 01276914
MLS Area C42 - Downtown L.A.
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Actual Rent 10500
Total Units 4
Water Sewer Expense 4800
Zoning LARD1.5

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 0.14
Lot Size Area 6125
Lot Size Square Feet 6125
Lot Size Units Square Feet
Number of Buildings 2
Parking Features None

Property Schools

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Property vs Zip Code Avg (90006)

Price 1.59M Avg 2.82M

Acres 0.140611 Avg 0.18

Visits 114 Avg 50

Days on Site 190 Avg 121

Walkscore® 92 Avg 91

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Fred Nabati with Trimax Realty, Inc. - 424-704-3373

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA