$1,500,000

Multi Family In Los Angeles

  • 1 Baths
  • 4,165 Sqft lot
  • Updated: July 27
  • Source:
    San Diego MLS  MLS#SR26162859

About the Property

The Victorian at 11th Place - a beautifully renovated 1900 Historic Victorian in Pico-Union / Central Los Angeles, offered at $1,500,000. Six legal units operated as 11 income keys (four studios, by-the-bedroom rooms, and an income-producing ~1,000 SF live/work loft), fully renovated with new kitchens, baths, flooring and mini-split A/C. 100% leased at a 6.10% in-place cap rising to a 6.75% pro fo
The Victorian at 11th Place - a beautifully renovated 1900 Historic Victorian in Pico-Union / Central Los Angeles, offered at $1,500,000. Six legal units operated as 11 income keys (four studios, by-the-bedroom rooms, and an income-producing ~1,000 SF live/work loft), fully renovated with new kitchens, baths, flooring and mini-split A/C. 100% leased at a 6.10% in-place cap rising to a 6.75% pro forma, with on-site laundry and five on-site parking spaces. Additional upside through a rear-yard detached ADU (buyer to verify feasibility) and mark-to-market of the by-the-bedroom rooms. Steps to DTLA, USC and Metro. Buyer to verify all figures, unit legality, square footage and development potential.
  • Property type

    Other

  • Floors

    4

Features

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1840 W 11th Place, Los Angeles, California, United States View on Google Maps
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Altman Apartments LLC - San Pedro

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Altman Apartments LLC - San Pedro
California, United States
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4
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2025
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Altman Apartments LLC - San Pedro
San Pedro, California, United States
View agency profile
Last updated
July 27
First listed
Jul 27
Listing reference
SR26162859
Listing status
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