2949 W 11TH Street, Los Angeles, CA 90006

About this property

4 unit building in the heart of Koreatown. Terrific investment with 1 vacant unit on the first floor. New owner can use the vacant unit as a primary residence, pied-a-terre or rent at today's market rents. The three other units are rented, month to month, no section 8 tenants in the building. Prior owners upgraded plumbing and electrical including tankless water heaters, and interior units were remodeled as well. Easy to maintain, with low expenses. Walk to everything, only a block from Olympic, near terrific restaurants, shopping, banks and transportation to DTLA, the Westside and Beverly Hills. Property is subject to rent control, Buyer to investigate with LAHD.

Listing description from the August 2018 sale, as reported to CRMLS.

Sale history

$795,000

Sold August 2018 · listed $799,000, orig. $835,000, on market June 2018 · MLS #18355650 · Source: CRMLS

Listing Agent: Cristina Warfield · Listing Office: Compass · Contact: 310-652-6285 · Bought with: Jay Evan Schoenfeldt · Brick and Mortar Real Estate

$650,000

Sold October 2016 · listed $625,000, on market August 2016 · MLS #16157404 · Source: CRMLS

Listing Agent: Paul Jesman · Listing Office: Edward Jesman Realty · Contact: 310-234-9900 · Bought with: Willie Wheaton · Will Wheaton Real Estate

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