Commercial property
Listing Agent: Finneus Egan (DRE #01816916) · Listing Office: Compass · Contact: 323-593-6999 · Bought with: Conor Sutton · Compass · MLS #25598101 · Source: CRMLS
11150 Regent Street sold for $2,400,000 in February 2026, 13% under its $2,750,000 list price, after 65 days on the market. It was first listed at $2,999,995.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Welcome to 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily gem is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 13.7 gross rent multiplier and 5.2% cap rate highlight the property's exceptional income potential.With a monthly net operating income of $12,915, this investment promises lucrative returns that are sure to capture the attention of discerning buyers. RECENT UPGRADED ELECTRICAL PANEL 9/25 and ROOF MAINTENANCE AND REPAIR 8/25.
Listing description from the February 2026 sale, as reported to CRMLS.