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    1839 W 11Th Pl

    Los Angeles, CA 90006
    • $1,484,999
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 21-705690
    Price Reduced
    UPDATED: 57 min ago
    $1,484,999
    • 8
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,169
      SQFT
    • $469
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    PRICE REDUCED! Welcome to a well maintained 4 unit property that has low maintenance/costs boasting close to a HARD TO FIND 6.5% CAP rate. Property consists of 2 buildings. Front building has a unit down stairs and a unit up stairs. The rear building has 2 units. Ownership has invested $200k+ in improvements. Full copper plumbing, some upgraded electrical, and some upgraded drainage, some upgraded windows, & more. Tenants all current and paying rent. The property is being sold AS IS. Property is historic per Zimas. Inside with accepted offer. Do Not disturb tenants.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-12T19:42:50.287. 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.
    www.brandiprattrealestate.com/homes/115202818
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    1839 W 11Th Pl Los Angeles, CA 90006

    • Price: $1,484,999
    • Status: Active
    • Updated: 57 min ago
    • ID#: 21-705690
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,169
    SQFT
    $469
    $/SQFT
    1890
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    PRICE REDUCED! Welcome to a well maintained 4 unit property that has low maintenance/costs boasting close to a HARD TO FIND 6.5% CAP rate. Property consists of 2 buildings. Front building has a unit down stairs and a unit up stairs. The rear building has 2 units. Ownership has invested $200k+ in improvements. Full copper plumbing, some upgraded electrical, and some upgraded drainage, some upgraded windows, & more. Tenants all current and paying rent. The property is being sold AS IS. Property is historic per Zimas. Inside with accepted offer. Do Not disturb tenants.
    Exterior Features

    Lot Size Area 6125 Other Structures None Parking Garage None Paved YN Yes Total Parking 4

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling Window Unit(S) Equipment Range/OvenBuilt-Ins Heating Wall

    Property Features

    Alley YN No Assessed Total Value 831300 Gross Income 126000 Gross Operating Income 126000 Insurance Expense 2000.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Maintenance Expense 350.00 Net Operating Income 96950.00 Number Of Buildings 2 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 25900 Type Of Units 4 PLEX Water Expense 4800.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Fred Nabati DRE#01276914 of Trimax Realty, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-12T19:42:50.287. 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.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583