$895,000

1651 W 11th Place, Los Angeles, CA 90015

4 beds |
4 baths |
4,904 sqft

Multi-Family Home
Built in 1911
6,129sqft lot
—— car garage
$183/sqft
Listed 2 months ago

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.

Listing Status:: Active
Date Added:: March 18, 2026
Data Last Updated:: June 13, 2026 at 3:19AM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Sean Namigohar : 310-909-2393
MLS ID:: 26666377

Heating: None

Parking: DrivewayParking spaces: 0

General: 0

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD1.55137019020

Source: CRMLS_CL

This listing courtesy of Sean Namigohar , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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