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1669-1683 11th St 10 Unit Apartment Building $2,100,000 ($210,000/Unit) Los Angeles, CA 90015
Investment Highlights
- 10 Residential Units + 6 Retail Storefronts
- Three Renovated, Lease-Ready Retail Suites
- Long-Term Ownership & Pride of Ownership
- Existing Cash Flow with Retail Lease-Up Upside
- Prominent Corner Location in Pico-Union
- Recent Capital Improvements & Individually Metered Utilities
Executive Summary
1669–1683 W. 11th Street presents a mixed-use investment opportunity in the Pico-Union neighborhood of Los Angeles. The Property consists of ten residential units above six ground-floor retail storefronts totaling approximately 10,154 SF on a 5,385 SF corner lot. Current tenancy provides in-place cash flow with additional upside through the lease-up of three renovated retail suites.
Recent ownership improvements include refreshed storefronts, upgraded electrical infrastructure, maintained building systems, and individually metered residential and retail services. The Property benefits from a prominent corner location with proximity to Downtown Los Angeles, USC, the Santa Monica Freeway (I-10), and Harbor Freeway (I-110).
Recent ownership improvements include refreshed storefronts, upgraded electrical infrastructure, maintained building systems, and individually metered residential and retail services. The Property benefits from a prominent corner location with proximity to Downtown Los Angeles, USC, the Santa Monica Freeway (I-10), and Harbor Freeway (I-110).
Property Facts
| Price | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $210,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 10 | Building Size | 10,154 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/2025 |
| Zoning | LACR - Commercial zoning permitting a variety of retail, office, service, and mixed-use residential uses, subject to applicable City of LA regulations. | ||
| Price | $2,100,000 |
| Price Per Unit | $210,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 10,154 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1925/2025 |
| Zoning | LACR - Commercial zoning permitting a variety of retail, office, service, and mixed-use residential uses, subject to applicable City of LA regulations. |
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Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5137-018-011 | Improvements Assessment | $44,305 |
| Land Assessment | $221,584 | Total Assessment | $265,889 |
Property Taxes
Parcel Number
5137-018-011
Land Assessment
$221,584
Improvements Assessment
$44,305
Total Assessment
$265,889
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1669-1683 11th St
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