1631 W 11th Place, Los Angeles, CA 90015

Local realty services provided by:ERA North Orange County Real Estate
1631 W 11th Place,Los Angeles, CA 90015
$925,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:brian noh
Office:nohco real estate
MLS#:OC25157492
Source:San Diego MLS via CRMLS

Price summary

  • Price:$925,000

About this home

ACTUAL 9.0 GRM/7.0% CAP RATE. PRO FORMA 7.8 GRM/8.7% CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx. 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing for immediately occupancy.This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can maximize rents and even utilizeSection 8 to create immense equity & cash flow. On a 6,127sf lot zoned RD1.5, this property is well located in Los Angeles near Downtown, CryptoArena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, CryptoArena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.

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Home facts

  • Listing ID #:OC25157492
  • Added:71 day(s) ago
  • Updated:October 05, 2025 at 07:35 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$925,000
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