Skip To Content

1651 W 11th Place

Los Angeles (City), CA 90015
  • $895,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: 26666377
$895,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,904
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911
County:

School Ratings & Info

Listing Agent(s): Sean Namigohar of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/174247277
Print Image

1651 W 11th Place Los Angeles (City), CA 90015

  • Price: $895,000
  • Status: Active
  • On Site: 54 Days
  • ID#: 26666377
4
Beds
0
Baths
0
½ Baths
0.14
Acres
4,904
SQFT
$183
$/SQFT
1911
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
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.
Exterior Features

Parking Features Driveway Parking Total 0

Interior Features

Heating None Heating YN No

Property Features

Association YN No Cap Rate 5.76 Gross Income 79920 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 51521 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_419651262-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_419651262-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_419651262-2.jpg
Logo
RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Sean Namigohar of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)