4
Bedrooms
Sold for $850,000 · Aug 2026
SOLDListed at $895,000
Los Angeles, CA
MLS# 26666377
Sean Namigohar
Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #: 01949705
Brokerage: Lyon Stahl Investment Real Estate, Inc.
4
Bedrooms
4
Bathrooms
4,904 sqft
Square Feet
1911
Year Built
6,129 sqft
Lot Size
$173
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Property
Property Type
Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
Listing description from the August 2026 sale, as reported to CRMLS.
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2 recorded sales
1651 W 11th Place sold for $850,000 in August 2026, 5.0% under its $895,000 list price, after 92 days on the market. It was first listed at $925,000. That works out to $173 per square foot on 4,904 square feet. Across 33 closed sales in 90015 over the last 12 months, the median sold price is $575,000 and the median is $510 per square foot, 195% above this sale's $173.
| Quarter | Closed sales in 90015 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $637,500 |
| Q2 2026 | 11 | $575,000 |
| Q3 2026 | 15 | $659,400 |
| Q4 2026 | 3 | $265,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90015
Closed sales reported in 90015, nearest first, last 12 months. All recent sales in Los Angeles →
1651 W 11th Place
Contact Sean Namigohar
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Contact Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #01949705
Contact information is not available for this listing.