1820 11Th St, Los Angeles, CA 90006
9 Unit Apartment Building | $1,900,000 ($211,111/Unit) | 7.29% Cap Rate | Los Angeles, CA 90006
For Sale
Active
68 pictures
Asking Price $1,900,000
- Property Type
-
Multifamily
- Square Feet
- 3,626 SF
Listing Contacts
Cameron Samimi
Olga Wright
Property Overview
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 lowmaintenance,
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.
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 lowmaintenance,
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.
Property Details
- Class
- C
- Year Built/Renovated
- 1906/2023
- Stories
- 2
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 9
Highlights
- Cash-flowing 9-unit building near Downtown Los Angeles
- Currently operating at a 7.29% CAP Rate and 9.50 GRM
- 8/9 units have been extensively renovated, including floors, cabinets, bathrooms, and all major systems
- Ideal investment opportunity for any buyer looking for strong ROI and low-maintenance
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