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1631 W 11th Place

Los Angeles, CA 90015

– beds
– baths
– sqft
6,127 sqft lot
1910 build
– on site

ACTUAL 9.7 GRM/6.5% CAP RATE. PRO FORMA 8.4 GRM/8.0%+ CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing for immediately occupancy. This property allows potential for an owner-occupier to live in one or more of the units. Or, a savvy investor can maximize rents and even utilize Section 8 to create immense equity & cash flow. On a 6,127sf lot zoned RD1.5, this property is well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC, Koreatown, and the 110 freeway. Located off 110 Freeway in Pico-Union close to Downtown, LA Live, Crypto Arena, Koreatown, USC, Local Parks, & tons of Restaurants & Shops.

Listed By CRMLS_CA / Brian Noh / Nohco Real Estate / 9493085775

Last checked: Checking… • Last updated Apr 30, 2025 •

MLS# OC25089007 —

The Building

Year Built:

1910
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Shake Siding
Building Area Total:

4430.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

2
Foundation:

Raised
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
Faces:

South
# of Separate Gas Meters:

5
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Entry Location:

Front
Flooring:

Laminate
Room Type:

Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

Off 110 fwy, on 11th st near Union Ave.
Latitude:

34.04764700
Longitude:

-118.27642400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD1.5
Lot Features:

2-5 Units/Acre
Lot Size Area:

6127.0000
Lot Size Acres:

0.1407
Lot Size SqFt:

6127.00
Lot Size Source:

Assessor
View:

1
View:

City Lights
Fencing:

Wrought Iron
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

1
Tax Census Tract:

2098.20
Tax Lot:

20

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5137019024

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Range, Water Heater
Included:

Yes

The Community

Features:

Curbs, Sidewalks, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Driveway

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/30/25 Apr 30, 2025	Listed / Active	CRMLS_CA	$995,000

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This multifamily located in Central LA, Los Angeles, CA 90015 is currently for sale for $995,000. 1631 W 11th Place is a – square foot multifamily with – beds and – baths that has been on Estately for 18 days. 1631 W 11th Place is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - Business And Tourism, Belmont Senior High School, 10th Street Elementary School, Miguel Contreras Learning Complex - School Of Social Justice, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, and John H Liechty Middle School.

Listing Courtesy of: CRMLS_CA and Nohco Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 17:45 on May 18.

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.