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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$3,800,000
5 Beds
33 Baths
15,887sqft
1211 W 11Th St, Los Angeles, CA 90015
$3,800,000
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Multi Family
Built in 1912
$-- HOA
6,746 sqft lot
$239/sq.ft
Description
The building is located less than 400 feet from LA Live, the $2.5 billion campus housing 5,600,000 square feet of sports and entertainment venues. Also adjacent to the property are Crypto.com Arena, LA Convention Center, and numerous new retail and entertainment destinations. Available at an attractive 7.42% CAP Rate based on current income, an investor can gain a substantial foothold in the Downtown Los Angeles submarket for the comparatively low price of only $115,152 per apartment unit. In addition to enjoying strong immediate cash flows, a new owner can also dramatically improve returns over time, as current rents are approximately 40% below market. The building is no...
Continue Reading- Houzeo last checked: 4 Hours ago
- Listing updated: February 26, 2026 at 8:16 am
- Source: California Regional MLS-CA | MLS#: 26647019
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
15,887 sqft
Lot Size
6,746 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26647019
MLS Status
Active
Days on Market
130
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