2121 W 11th St | Los Angeles, CA 90006
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- LoopNet Team
2121 W 11th St
Los Angeles, CA 90006
11th St. Apartments · Multifamily Property For Sale · 54 Units
INVESTMENT HIGHLIGHTS
- EXCELLENT value-add investment opportunity with strong cash flow and substantial upside potential
- DIVERSE unit mix of (9) studios, (25) larger executive studios, and (20) one-bed, one-bath units
- SEPARATELY METERED for electricity and on-site laundry generating additional income
- BEAUTIFUL 1920’s building with two courtyards, a restored lobby, a swimming pool, and controlled access
- RECENT UPGRADES include a new elevator, modernized laundry rooms, new flooring in common areas, and plumbing and electric upgrades
- POSITIONED in the heart of Pico-Union near Koreatown and Downtown Los Angeles, a desirable and rapidly gentrifying submarket of Los Angeles
PROPERTY FACTS
| No. Units | 54 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 37,108 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid Rise | Year Built | 1924 |
| Building Class | C |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 37,108 SF |
| No. Stories | 4 |
| Year Built | 1924 |
UNIT AMENITIES
- Cable Ready
- Refrigerator
- Oven
- Range
- Walk-In Closets
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Security System
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 35 | - | 450 - 475 |
| 1+1 | 19 | - | 700 |
PROPERTY TAXES
| Parcel Number | 5136-013-011 | Improvements Assessment | $1,718,608 |
| Land Assessment | $4,008,088 | Total Assessment | $5,726,696 |
PROPERTY TAXES
Parcel Number
5136-013-011
Land Assessment
$4,008,088
Improvements Assessment
$1,718,608
Total Assessment
$5,726,696
ZONING
| Zoning Code | C1 |
| C1 |
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