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1651 W 11th Place, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:CENTURY 21 Discovery
1651 W 11th Place,Los Angeles, CA 90015
$925,000
  • 4 Beds
  • 4 Baths
  • 4,904 sq. ft.
  • Multi-family
  • Active
Listed by: sean namigohar
Office: lyon stahl investment real estate, inc.
MLS#:26666377
Source:CRMLS

Price summary

  • Price:$925,000
  • Price per sq. ft.:$188.62

About this home

This well-located 4-unit value-add apartment community presents a compelling investment opportunity just outside of Downtown Los Angeles. The property offers an ideal blend of stable in-place income and significant upside potential, making it attractive for both seasoned investors and those looking to expand their multifamily portfolio in a high-demand rental market.The asset consists of four spacious one-bedroom units, each featuring a functional layout that includes a separate living room, dining area, and dedicated laundry space. With approximately 1,200 square feet per unit, these residences are substantially larger than typical one-bedroom apartments in the area, providing tenants with a more comfortable and livable environment. This added space enhances tenant retention and supports strong rental demand.Offered at approximately $188 per square foot, the property represents an attractive basis compared to similar assets in the surrounding submarket. The current cap rate of 5.53%...

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Home facts

  • Year built:1911
  • Listing ID #:26666377
  • Added:1 day(s) ago
  • Updated:March 19, 2026 at 04:01 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:4,904 sq. ft.

Structure and exterior

  • Year built:1911
  • Building area:4,904 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$188.62

Parking

  • Parking description:Driveway
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