1516 W 11th Place, Los Angeles, CA 90015

Local realty services provided by:ERA North Orange County Real Estate
1516 W 11th Place,Los Angeles, CA 90015
$959,000
  • 9 Beds
  • 5 Baths
  • 3,700 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Feb 21
    12:00 pm - 03:00 pm
  • Sun, Feb 22
    12:00 pm - 03:00 pm
Listed by: cassie corsaro, mireya banuelos
Office: nest seekers
MLS#:26651923
Source:CRMLS

Price summary

  • Price:$959,000
  • Price per sq. ft.:$259.19

About this home

1516 W 11th Place presents a true value-add investment opportunity in the heart of Los Angeles. This 4-unit property includes one vacant unit and three tenant-occupied units generating immediate in-place income. The vacant unit provides day-one upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer additional long-term rental growth potential, subject to local regulations + Rent Control. Ideal for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. Seller does not guarantee delivery of any additional units vacant at close of escrow. Buyer to assume existing tenancies and conduct their own independent investigation regarding occupancy, rent control guidelines, tenant rights, and any relocation or vacancy strategies. Located in a high-demand rental corridor with strong fundamentals and proximity to Downtown

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Home facts

  • Year built:1912
  • Listing ID #:26651923
  • Added:6 day(s) ago
  • Updated:February 20, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Living area:3,700 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1912
  • Building area:3,700 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$959,000
  • Price per sq. ft.:$259.19
Based on information from California Regional Multiple Listing Service, Inc. as of February 20, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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