1820 W 11th St

Los Angeles is a high cash-flowing, renovated 9 unit building located near downtown. The property is currently operating at a 7.29% CAP Rate and 9.50 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 (5) 1-Bed/1- Bath and (4) Studio/1-Bath units. 8/9 units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. 1820 W 11th St is conveniently located minutes from Downtown Lo s Angles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.

Request Information
on 1820 W 11th St
in Los Angeles, CA
Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24076817 from CRMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Full Bathrooms: 9

+ Land Info

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1411846
Lot Size Source: Assessor
Lot Size Square Feet: 6150

+ Garage and Parking

Parking Total: 6

+ Multi-Unit Info

Number of Units: 9
Bedrooms in Unit-1: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Bedrooms in Unit-9: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1

+ Rental Info

Rent Control: Yes

+ Amenities and Community Features

Community Features: Urban

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 7.29
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5136020022
Zoning: LAC1
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$178699 + $709544 $888243	$10915
2021	$175196 + $695632 $870828	$10766
2020	$173400 + $688500 $861900	$10871
2019	$44554 + $157857 $202411	$7685
2018	$43681 + $154762 $198443	$2761
2017	$42825 + $151728 $194553	$2709
2016	$41986 + $148753 $190739	$2606
2015	$41356 + $146519 $187875	$2573
2014	$40546 + $143649 $184195	$2598
2013	$40363 + $143000 $183363	$2593
2012	$39572 + $140197 $179769	$2627
2010	$38797 + $137449 $176246	$2599
2009	$38600 + $136747 $175347	$2501
2009	$38508 + $136422 $174930	$2501
2008	$37844 + $134066 $171910	$2407
2007	$37102 + $131438 $168540	$2317

+ Reveal Property Sale History

Listed 2024-04-22
$1900000
CRMLS

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Listing removed 2023-10-26
$0
CRMLS

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Listed 2023-10-25
$2050000
CRMLS

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Listing removed 2004-04-25
$400000
ITECH

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Listed 2004-01-24
$400000
ITECH

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Sold 1983-09-02
$110000
Public Record

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Sold 1974-09-03
$25000
Public Record

+ Commercial Info

Net Operating Income: 138516.00

+ Building and Construction

Total Square Feet Living: 3626
Year Built: 1906
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 118
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

+ Utilities

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

+ Display Complete School Details

Tenth Street Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

John H. Liechty Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Belmont Senior High School is a public high school located approximately 1.2 miles away.
Map directions

Immaculate Conception is a private elementary and middle school located approximately 0.4 miles away.
Map directions