6831 11th Avenue, Los Angeles, CA 90043

About this property

It is our pleasure to offer this prime 10 Unit income producing apartment building For Sale. Located in Hyde Park in close proximity to LA's newest Metro Line, unit mix consists of six 1 bedroom +1 bath and four 2 bedrooms +1 bath units. Unit 1 (2 bedroom + 1 bath) to be delivered vacant to Buyer. Roof and water heater were replaced in 2019 and units are separately metered for gas & electricity. 10 onsite parking spaces located in the rear (a mix of uncovered and covered/carport). This is NOT a soft-story building, so no City of LA Earthquake Retrofitting is required. Onsite Laundry area (no laundry equipment currently onsite) offers additional income opportunity. Take advantage of this great turnkey investment opportunity and upside in rents!

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$1,980,000

Sold June 2021 · listed $1,999,999, on market December 2020 · MLS #20669730 · Source: CRMLS

Listing Agent: Erika Mlachak · Listing Office: Verde Realty, Inc. · Contact: 310-295-0006 · Bought with: Charles McMillan · Charles McMillan

$1,175,000

Sold August 2015 · listed $1,295,000, on market April 2015 · MLS #15894875 · Source: CRMLS

Listing Agent: Mike Iryami · Listing Office: BRC Advisors- BH · Contact: 310-525-3712 · Bought with: Ian Hollinger · BRC Advisors Inc.

$625,000

Sold July 2012 · listed $629,000, orig. $600,000, on market January 2012 · MLS #P809775 · Source: CRMLS

Listing Agent: Michael Gormley · Listing Office: Real Estate Alliance · Contact: 562-598-3032 · Bought with: OUT OF AREA OUT OF AREA · OUT OF AREA

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