1840 W 11th Place, Los Angeles, CA 90006

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Propiedad de renta Activa

1840 W 11th Place

$1,450,000

Descripción general

ID de la propiedad: HZSR26162859

Apartment
Tipo de propiedad

0
Garage

1900
Año de construcción

Descripción

The Victorian at 11th Place – a beautifully renovated 1900 Historic Victorian in Pico-Union / Central Los Angeles, offered at $1,450,000. Six legal units operated as 11 income keys (four studios, by-the-bedroom rooms, and an income-producing ~1,000 SF live/work loft), fully renovated with new kitchens, baths, flooring and mini-split A/C. 100% leased at a 6.36% in-place cap rising to a 7.03% pro forma, with on-site laundry and five on-site parking spaces. Additional upside through a rear-yard detached ADU (buyer to verify feasibility) and mark-to-market of the by-the-bedroom rooms. Steps to DTLA, USC and Metro. Buyer to verify all figures, unit legality, square footage and development potential.