1820 W 11th St, Los Angeles is a high cash-flowing,renovated 9 unit building located neardowntown. The property is currently operating ata 7.29% CAP Rate and 9.50 GRM. This is the idealopportunity for any buyer looking for a low-maintenance,positive leverage asset with highin place cash flow.The subject property is comprised of (5) 1-Bed/1-Bath and (4) Studio/1-Bath units. 8/9 units havebeen extensively renovated, including floors,cabinets, bathrooms and all major systems.1820 W 11th St is conveniently located justminutes from Downtown Los Angeles, with easyaccess to the 10 and 110 freeways. There aremany shops and restaurants nearby, making it aprime location for renters.
|
DAYS ON MARKET
|
12
|
LAST UPDATED
|
4/22/2024
|
|
YEAR BUILT
|
1906
|
COMMUNITY
|
Not Defined
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Not Defined |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| LOT |
6150 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LAC1 |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/24 5:58 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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