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2323 W 11TH St

Los Angeles, CA 90006
  • $3,390,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 22-128781
UPDATED: 68 min ago
$3,390,000
  • 9
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,642
    SQFT
  • $268
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Description

Lowest priced investment property located between Koreatown and downtown LA. Priced at only $161,000 per unit and $268/sqft. Zoned LA-C2 for potential development opportunities. Most of the units have been updated with copper plumbing. Master metered for electric and gas. Easy access to transportation. Low maintenance and long-term tenants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T06:43:13.563. 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.searchdesertrealestate.com/homes/125925866
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2323 W 11TH St Los Angeles, CA 90006

  • Price: $3,390,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 68 min ago
  • MLS #: 22-128781
9
Beds
0
Baths
0
½ Baths
0.14
Acres
12,642
SQFT
$268
$/SQFT
1913
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Lowest priced investment property located between Koreatown and downtown LA. Priced at only $161,000 per unit and $268/sqft. Zoned LA-C2 for potential development opportunities. Most of the units have been updated with copper plumbing. Master metered for electric and gas. Easy access to transportation. Low maintenance and long-term tenants.
Exterior Features

Direction Faces South Exterior Construction Brick Lot Size Area 6288 Other Structures None Parking Garage None Pool Description None Pool YN No Roof Flat Spa None Spa YN No Sprinklers Sprinkler System Tennis Court None Tennis YN No Total Parking 0 Water Frontage None

Interior Features

Baths Total 21.00 Cooling None Equipment None Fireplace Rooms None Flooring CarpetLaminateLinoleum Foundation Details Combination Heating Wall Gas Interior Features Brick Walls Laundry None Water Heater Features Central Water Heater

Property Features

ADACompliance No Alley YN No Assessed Total Value 2272513 Disability Access None Gross Income 273924 Gross Operating Income 273924 Land Lease Type Fee Like Units1 8 Like Units2 12 Like Units3 1 Net Operating Income 153726.00 Number Of Buildings 1 Number Of Units 21 Owner Pays ElectricityGasWater Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 111980 Type Of Units 21 Water Public Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Peter Paik DRE#01080324 of Exp Realty Of California Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T06:43:13.563. 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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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210