Listing Courtesy Of:
Marcus & Millichap, 310-909-5500, Sean Rosenzweig
Listing Sold By:
Marcus & Millichap
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
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1513 W 11th Pl, Los Angeles, CA 90015
16 Beds
8 Baths
Undisclosed Price
1513 W 11th Pl, Los Angeles, CA 90015
16 Beds
8 Baths
Sold
Sold
Open House:
(Local time)
Property Description
I am pleased to offer for sale an eight unit apartment community located at 1513 West 11th Place. The subject property offers investors the opportunity to acquire a property with stable operating history that is located less than one mile from the Crypto Arena, LA Live and numerous retail opportunities. Consisting of one two-story building, the property is situated on a 9,186 square foot parcel. The property features eight large units with secured parking for every unit and is individually metered for electric &gas. Due to its 1910 construction, the property is subject to the Los Angeles Housing Department's Rent Stabilization Ordinance.1513 West 11th Place is located just south of Olympic Boulevard and east of Union Avenue. An investor will be able to increase the lease rates when units become vacant by capitalizing on the westward expansion and revitalization of the Downtown sub-market.
Property Details
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Overview
Property Type
Residential Income
Property Size
Year Built
1910
Days on Site
788 Days
Parking
8 Parking Spaces
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Activity History
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