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Compass
1651 W 11th Pl, Los Angeles, CA 90015
- $850,000
- 4
- BD
- 4
- BA
- 4,904
- SqFt
- Sold Price
- $850,000
- List Price
- $895,000
- Closing Date
- Aug 03, 2026
- MLS#
- 26666377
- Year Built
- 1911
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 4,904
- Lot Size
- 6,129
- Days on Market
- 93
- Property Type
- Multifamily
Property Description
Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
Additional Information
- Other Buildings
- None
- Heat
- None
- Cooling
- Wall Unit(s)
- Number of Cars in Garage
- Driveway
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Courtesy of Lyon Stahl Investment Real Estate, Inc., Sean Namigohar - CA DRE#01949705 Selling Office: .
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