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$ 899,000
Est. payment | /mo
4 Beds
4 Baths
2,132 SqFt
$ 899,000
Est. payment | /mo
4 Beds
4 Baths
2,132 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $421
MLS Listing ID 25625413
Bedrooms 4
HOA Y/N No
Year Built 1923
Property Description
Welcome to 2945 W 11th Street, a classic 1920s fourplex offering vintage charm and modern updates in the heart of Koreatown, one of LA's most vibrant and high-demand rental markets. This building features 4 well designed 1 bedroom, 1 bathroom units. All units are separately metered for gas, electricity, and water, with individual water heaters and in-unit washers and dryers (a rare convenience that tenants love). The property has a newer roof (installed 2022), and one unit has been tastefully renovated with new flooring, cabinetry, retiled bathroom, and updated fixtures. Projected rents of $1,800 per unit provide nearly 70% upside potential with 3 of the units, creating a strong value-add opportunity for savvy investors. Located near trendy dining, shopping, and entertainment in Hollywood & Downtown LA. This property is an opportunity to start investing in real estate or add to your current real estate portfolio.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Range, Dryer, Washer
Exterior
Parking Features None
Pool None
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Sewer Other
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5080033014
Special Listing Condition Standard
Listed by Phil Missig Berkshire Hathaway HomeServices California Properties