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1511 W 11th Pl
Los Angeles, CA 90015
Multifamily Property For Sale
·
16 Units
Investment Highlights
- The property measures at approximately 6,852 SF sitting on a 4,551 SF lot, comprising of (16) Studio Units priced at just $106,188/Unit
- Conveniently located in Pico Union, in close proximity to Downtown LA, Koreatown, and major employment hubs
- With 38% in Rental Upside, the property offers a going-in cap rate of 8.35% and a GRM of 7.43
Property Facts
| No. Units | 16 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 6,852 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | R4 - restricted Density Multiple Dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,852 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | R4 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Property Taxes
| Parcel Number | 5137-020-016 | Improvements Assessment | $502,418 |
| Land Assessment | $502,418 | Total Assessment | $1,004,836 |
Property Taxes
Parcel Number
5137-020-016
Land Assessment
$502,418
Improvements Assessment
$502,418
Total Assessment
$1,004,836
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