Welcome to 2945 W 11th Street — a classic 1920s fourplex offering vintage charm and modern upgrades in one of Los Angeles’ most dynamic neighborhoods. This 2,132 sq ft building sits on a 2,025 sq ft LAR4-zoned lot and features four (4) well-laid-out 1-bedroom, 1-bathroom units, each approximately 533 sq… Read More ft. Each unit is separately metered for gas, electricity, and water, and comes equipped with its own water heater, washer, and dryer—a rare find that tenants love. One of the units has been beautifully renovated, featuring new flooring, custom cabinetry, an updated tiled bathroom, and stylish modern fixtures. The property also boasts a new roof installed in 2022, offering peace of mind to investors and buyers alike. Located in the rapidly evolving Koreatown district, this property is surrounded by some of LA’s most exciting dining, shopping, and entertainment spots, with easy access to Hollywood and Downtown LA. With a Walk Score of 94, this location is truly a Walker’s Paradise—steps away from local favorites like Monty’s Good Burger, Park’s BBQ, California Marketplace, and more. Property to be sold with tenants in place. This is a great investment opportunity. Read Less
Property listed by Redfin Corporation, Suzanna Storm 877-973-3346
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.05 Acres
Year Built
1923
MLS Number
BB25144619
30 Days Snapshot Of 90006
$727k
-9%
(avg) sold price
4
+33%
homes sold
166
+137%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 2,132, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StormDrains, StreetLights, Sidewalks
Expenses
Electric expense: $1,140, Insurance expense: $1,380, Operating expense: $6,000, Trash expense: $900, Water sewer expense: $2,700
Income
Gross income: $55,200, Net operating income: $49,200
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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