Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-05-05 08:11:44.000000. Listing information © 2023 CRMLS.
Asking Price: $1,900,000
1820 11th, Los Angeles CA 90006
Community: 699 - Not Defined
Status: Active
This Apartment property was built in 1906 and is priced at $1,900,000. Please see the additional details below.
1820 W 11th St, Los Angeles is a high cash-flowing,
renovated 9 unit building located near
downtown. The property is currently operating at
a 7.29% CAP Rate and 9.50 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 (5) 1-Bed/1-
Bath and (4) Studio/1-Bath units. 8/9 units have
been extensively renovated, including floors,
cabinets, bathrooms and all major systems.
1820 W 11th St 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.
