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Listed by: Cassie Corsaro (714) 864-6615 DRE #02047543, Mireya Bañuelos DRE #02119644 | Nest Seekers (310) 278-8861
9 Beds
5 Baths
3,700sqft
1516 W 11th Place, Los Angeles, CA 90015
Multi Family
Built in 1912
$-- HOA
6,253 sqft lot
$239/sq.ft
Description
1516 W 11th Place presents a true value-add investment opportunity in the heart of Los Angeles. This 4-unit property includes one vacant unit and three tenant-occupied units generating immediate in-place income. The vacant unit provides day-one upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer additional long-term rental growth potential, subject to local regulations + Rent Control. Ideal for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. Seller does not guarantee delivery of any add...
Continue Reading- Houzeo last checked: 0 minutes ago
- Listing updated: June 1, 2026 at 8:03 pm
- Source: California Regional MLS-CA | MLS#: 26651923
Property Details
Status
Off Market
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
3,700 sqft
Lot Size
6,253 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26651923
MLS Status
Active
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 5
Interior
Heating
Central
Cooling
None
Flooring
Wood
Appliances
Microwave, Oven
Construction
Year Built
Year Built: 1912
Home type
Multi Family
Architectural Style
Craftsman
Property Condition
Fixer, Updated Remodeled
Utilities & Energy
Parking Features
Driveway, Guest
Pool Features
None
Laundry Features
None
Fireplace Features
None
Security Features
Security Gate
Price History
| Date | Event | Price |
|---|---|---|
04/06/2026 Source: | Price Decreased | $885,000 -1.56% $239/sqft |
03/20/2026 Source: | Pending | $899,000 $243/sqft |
03/10/2026 Source: | Listed for Sale | $899,000 -6.26% $243/sqft |
02/13/2026 Source: | Price Increased | $959,000 +8.36% $259/sqft |
02/13/2026 Source: | Off Market | $885,000 -7.72% $239/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 12:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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