1820 W 11th St - Apartments FOR SALE


Los Angeles, CA 90006- Pico-Union
$1,575,000 USD
310-279-7779
1820 W 11th St, Los Angeles, CA for Sale
$1,575,000 USD
Apartments - FOR SALE
1/69
null | 8.05% Cap Rate

1820 W 11th St
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • 9-Unit Victorian, Newly Renovated with Modern High-End Finishes.
  • Offered at a True 8.05% CAP Rate, 8.2 GRM
  • Over $530,000 of Capital Improvements
  • New Re-piped Plumbing, New Electrical Upgrades and New HVAC
  • Parking On-site with 6 Parking Spaces
  • Potential ADU Opportunity with the Parking Lot On-site

OVERVIEW

This beautifully renovated 9-unit Victorian combines historic charm with modern high-end finishes, offering a rare opportunity to acquire a stabilized multifamily investment with strong returns. Priced at a true 8.05% CAP Rate on actual income, the property delivers immediate cash flow and long-term value in today’s competitive market. On-site parking for six vehicles further enhances tenant demand and sets the building apart from comparable assets. Over $530,000 in recent capital improvements provide peace of mind for new ownership. Major upgrades include brand-new repiped plumbing and electrical systems, ensuring lower maintenance costs and improved efficiency for years to come. With its blend of character, modern upgrades, and strong financial performance, this property is an ideal turnkey investment opportunity.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

9

PRICE/UNIT

$175,000

CAP RATE

8.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C1-1-HPOZ

APN/PARCEL ID

5136-020-022

ASK ABOUT THIS PROPERTY

Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.