1211 W 11th Street, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1211 W 11th Street,Los Angeles, CA 90015
$3,800,000
  • 5 Beds
  • 33 Baths
  • 15,887 sq. ft.
  • Multi-family
  • Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26647019
Source:CRMLS

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$239.19

About this home

The building is located less than 400 feet from LA Live, the $2.5 billion campus housing 5,600,000 square feet of sports and entertainment venues. Also adjacent to the property are Crypto.com Arena, LA Convention Center, and numerous new retail and entertainment destinations. Available at an attractive 7.42% CAP Rate based on current income, an investor can gain a substantial foothold in the Downtown Los Angeles submarket for the comparatively low price of only $115,152 per apartment unit. In addition to enjoying strong immediate cash flows, a new owner can also dramatically improve returns over time, as current rents are approximately 40% below market. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), which will save a new owner from an otherwise costly expense. Several capital improvements have been made at the property recently, including an all new electric system, updated plumbing, new windows, a new front gate,...

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Home facts

  • Year built:1912
  • Listing ID #:26647019
  • Added:92 day(s) ago
  • Updated:May 22, 2026 at 10:40 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:33
  • Living area:15,887 sq. ft.

Structure and exterior

  • Year built:1912
  • Building area:15,887 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$239.19

Parking

  • Parking description:Assigned
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