4535 W 11th Place, Los Angeles, CA 90019
Property
Sold February 2015
Listing Agent: Matthew Dunfrund (DRE #01785161) · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Matthew Dunfrund · Keller Williams Beach Cities · MLS #SB14191096 · Source: CRMLS
About this property
This well-maintained 5 unit property is centrally located in Mid-City LA (90019), one of the hottest apartment submarkets in Los Angeles. The current owner has spent significant capital to improve the property inside and out so it's a nice turnkey apartment bldg. The property features a front fourplex with four 1 bedroom 1 bath units, and then a 2nd rear building with a studio unit located above 2 garages. The total rentable square footage is approx. 4,073 sq. ft. so all 5 units are good sized. The lot size is approx. 4,959 sq. ft. The property was built in 1925 so the property has a ton of old period charm and accents throughout. The property is located just down the street from Los Angeles High School; Queen Anne Elementary, and the Queen Anne Recreation Center, which is a great selling point with tenants. There is good in-place rental income at the property currently, but there is also great rent upside and the ability to achieve very solid cash flow on a clean building located in a great area. Please call for more information and to submit your offers before this great investment opportunity is GONE!
Listing description from the February 2015 sale, as reported to CRMLS.
Sale history