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Listed by Cameron Samimi of Lyon Stahl Investment Real Estate,Inc. (310-259-7556)
Built in 1900 but completely gutted with a new CofO in January 2022, 1840 W 11th Pl, Los Angeles is a high cash-flowing, renovated 6 unit building located near Downtown. The property is currently operating at 7% CAP Rate and 9 GRM. This is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. The subject property is comprised of (1) 4Bed/4Bath, (1) 3Bed/3Bath and (4) Studio/1Bath units. All units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1840 W 11th Pl is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.

Property Details of 1840 11th Place

Property Details

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Based on information submitted to CRMLS as of May 22, 2024 11:22 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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