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1513 11th Place
Los Angeles, CA 90015
Sold
I am pleased to offer for sale an eight unit apartment community located at 1513 West 11th Place. The subject property offers investors the opportunity to acquire a property with stable operating history that is located less than one mile from the Crypto Arena, LA Live and numerous retail opportunities. Consisting of one two-story building, the property is situated on a 9,186 square foot parcel. The property features eight large units with secured parking for every unit and is individually metered for electric &gas. Due to its 1910 construction, the property is subject to the Los Angeles Housing Department's Rent Stabilization Ordinance.1513 West 11th Place is located just south of Olympic Boulevard and east of Union Avenue. An investor will be able to increase the lease rates when units become vacant by capitalizing on the westward expansion and revitalization of the Downtown sub-market.
PROPERTY INFORMATION
| MLS # | 23274051 | Lot Size | 9,186 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,730,000
Price Per SqFt: $ 217 |
DOM | 710 Days |
| Address | 1513 11th Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 7,972 Sq. Ft. |
| Postal Code | 90015 | Garage | N/A |
| County | Los Angeles | Year Built | 1910 |
| Bed / Bath | 16 / 0 | Parking | 8 |
| Built In | 1910 | Status | Closed |
| Sold Date | 2023-06-30 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,845
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/25/2023 | Listed | $1,730,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Sean Rosenzweig, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
