2323 W 11th Street

Los Angeles , CA 90006

MLS#: 25590793

$3,090,000

Status: Active
Listing number: 25590793
Listing provided by: Epique Realty
Listing agent phone: None
Last update: 3 days ago
On site: 5 days ago
Browse Properties
Main image without alt text

Property

Beds

9

Full Baths

None

1/2 Baths

None

Year Built

1913

Sq.Footage

12,642

Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1444

  • Property Type

    Residential Income

Price

  • Sales Price

    $3,090,000

  • Sq. Footage

    12, 642

  • Price/SqFt

    $244

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Peter Paik , Epique Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income

2323 W 11th Street

Message successfully sent.

What would you like to know?

Related Properties

This rare, non-RSO Hollywood property on the market for the first time from the original developer features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.
#25590919

Los Angeles

6136 Eleanor Avenue

16 Beds

None Baths

7,600 Sq.Ft.

$2,650,000

MLS#: 25590919

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** A DIAMOND IN THE ROUGH~~~ THIS CAN BE A CASH COW FOR THOSE WHO CAN IMAGINE. Possibly more units can be delivered VACANT AT CLOSE OF ESCROW. HUGE BEDROOMS, LARGER LIVING ROOMS. First time in the Market in 34 years!! EACH UNIT HAS IT'S OWN CENTRAL A/C. This subject property is a two-story 8-unit apartment building constructed in 1965 with classical and Modern touch architecture situated on a Hard Corner Lot. The rents are significantly below market. The property could also generate additional income potential using the ADU process to add dwellings (buyer to verify). The landlord pays for trash service, but there are separate gas and electric meters for each unit, which the tenants pay for. The property is located within few minutes to Larchmont Village, Restaurants, and Markets, which is a quiet residential neighborhood. Also, provides convenient access to the 10 freeway, Mid-Wilshire, Koreatown, Downtown LA, USC, and has a walk score of 82 (Very Walkable). This offering provides huge upside in future income with stability of current income as it is 100% leased with all tenants paying their full rent on time. One 2 bedroom 1 bathroom unit can be delivered vacant at COE. VERY WELL-MAINTAINED BUILDING, RETROFITTING IS DONE. WELL GATED, QUIET STREET. COIN-OPERATED LAUNDRY FACILITY. BUYER TO VERIFY ALL FACTS.
#25590953

Los Angeles

940 S Gramercy Place

10 Beds

None Baths

6,412 Sq.Ft.

$2,495,000

MLS#: 25590953

Contemporary Fourplex! This remarkable property features two distinct buildings. The front building is two stories high and includes two units, each offering three bedrooms and two bathrooms. The back building showcases a tri-level design with side-by-side units: one containing four bedrooms and three bathrooms, while the other boasts seven bedrooms and five bathrooms. All units are designed with highly desirable floor plans in a townhome style, complete with en-suite bathrooms and master bedrooms. Expansive windows flood the interiors with natural light, and additional highlights include walk-in closets, custom window blinds, stainless steel appliances, two-tone interior paint, and energy-efficient LED lighting. Each unit also comes with its own laundry room, tankless water heaters for instant hot water, and energy-saving HVAC systems.Ample parking is available, featuring decorative pavers, an attached garage, and an automatic gate opener. The property is well-maintained, with drought resistant landscaping and includes solar panels, ensuring it is self-sustainable with minimal maintenance costs. Each unit is individually metered, and an EV charging connection is provided in the garage. This attractive property is easy to rent and is centrally located near Downtown Los Angeles, USC, and major public transportation routes. With no rent control and increasing demand for rentals in the area, this building presents a great investment opportunity.
#25590259

Los Angeles

1348 E Vernon Avenue

17 Beds

None Baths

5,927 Sq.Ft.

$2,495,000

MLS#: 25590259

Step into the charm of this rare 1930s Spanish Art Deco duplex, perfectly positioned just south of Beverly Hills and west of Hancock Park. Behind a charming gated courtyard awaits a rare opportunity to own two expansive and stylishly reimagined 3-bedroom, 2-bath residences, each brimming with character and natural light from oversized French windows. The upper unit will be delivered VACANT; move-in ready and available furnished, if desired, making it an ideal choice for an owner-user or immediate rental. The lower unit is currently leased at $6,395/month, offering steady income. Nearly identical in layout, both homes showcase timeless period details including coved ceilings, graceful archways, hardwood floors, original built-ins, and oversized living and formal dining rooms. Each also includes a spacious breakfast room perfect for casual dining or a dedicated workspace, while the lower unit features an additional flexible bonus room, ideal as an office, guest suite, or creative studio. Thoughtfully remodeled, both residences feature updated kitchens and baths, all-new plumbing and electrical, and a brand-new roof, delivering vintage charm with modern peace of mind. The 6,372 sq. ft. lot also includes a detached 4-car garage with EV hookup, plus a generous outdoor space with lush landscaping. The beautifully redone backyard is perfect for entertaining, hosting, or relaxing in a private, tranquil setting. Situated in the heart of the coveted South Carthay HPOZ, this property offers the perfect blend of timeless style, investment potential, and prime location just moments from Beverly Hills shopping, dining, and parks.
#25586967

Los Angeles

1111 S Crescent Heights Boulevard

6 Beds

None Baths

3,858 Sq.Ft.

$2,649,000

MLS#: 25586967

We are proud to present a non-RSO Brand New Fourplex with a 6.19% Cap Rate in one of Los Angeles' most dynamic and rapidly evolving neighborhoods - Jefferson Park / Leimert Park. Located at 3608 10th Ave., the property is strategically located a ten minute walk to the Expo / Crenshaw E and K Metro Station, helping tenants to take advantage of the notable job market in the area, while opening up all of Los Angeles to those who choose to avoid relying on a car! Designed for modern living, this two-story structure has been thoughtfully designed with today's renters in mind. The property features spacious, family-sized units perfect for roommates, and consists of two 3-bedroom units and two 4-bedroom units, each boasting open floor plans, generous living areas, and in-unit laundry with new washers and dryers. The cooks-kitchens are appointed with quartz-style countertops, stainless steel appliances, and custom cabinetry, creating a clean, contemporary aesthetic that appeals to families and young professionals alike. Each residence has its own private entry for an exclusive feel, with two-story layouts, stylish lighting and one entry-level bedroom. The back of the property is striped for four parking spaces, and will feature solar panels. The property's location is equally compelling. Very centrally located for Los Angeles, residents benefit from the E and K Metro Lines, which will connect to the People Mover for quick access to LAX, placing the entire city (and the world) within easy reach, creating a rare convenience for professionals, students, and frequent travelers. Just north of Leimert Park and the Crenshaw Mall, the property is also only minutes from West Adams, one of Los Angeles' most dynamic neighborhoods, celebrated for its rapid revitalization, vibrant dining scene, and influx of creative professionals. With continued reinvestment driving new restaurants, nightlife, and retail, this submarket is emerging as one of the city's most desirable places to live and invest. This offering provides investors with the rare chance to acquire a newly built, transit-oriented Fourplex with no rent control in a neighborhood that is quickly coming of age. With its large unit sizes, modern finishes, and prime location, 3608 10th Ave. presents a compelling long-term hold for cash flow and appreciation and a strong addition to any multifamily portfolio.
#25590513

Los Angeles

3608 10th Avenue

14 Beds

None Baths

5,454 Sq.Ft.

$2,600,000

MLS#: 25590513

6 Units + Fully Approved RTI Plans for 2 ADUs in Prime La Cienega Heights. We are proud to present 2011 S Shenandoah Street, a six-unit multifamily property located in the desirable La Cienega Heights neighborhood of Los Angeles. The building is comprised of two spacious two-bedroom, one-bath units and four one-bedroom, one-bath units, totaling 5,104 square feet of living space on an 8,697 square foot lot. The property offers a rare development opportunity with Fully Approved RTI Plans for two additional ADUs, each designed as 900 square foot two-bedroom, two-bath units. In addition, there is the potential to add 4 additional ADU’s in place of the front ground level unit. This asset presents strong value-add potential through unit renovations and ADU construction, creating substantial upside in rental income and long-term appreciation. Ideally situated in a quiet residential pocket with close proximity to major employment centers, transportation, and local amenities, 2011 S Shenandoah Street is a prime investment opportunity in one of Los Angeles’ most dynamic rental markets.
#SB25206796

Los Angeles

2011 S Shenandoah Street

None Beds

None Baths

5,104 Sq.Ft.

$2,485,000

MLS#: SB25206796

Prime Income Property on N. Beachwood Drive | Steps from the Hollywood Sign Rare chance to own on one of LA’s most coveted streets! This unique property features two buildings on the same parcel with a shared driveway and five one-car garages with storage. The front building, vintage four updated 1-bedroom, 1-bath units of approximately 1,000 sq. ft. each, complete with hardwood floors, in-unit washer/dryers, and private entrances. These units are in high demand with a history of NO VACANCIES often renting before they even hit the market. Behind it sits a spacious two-story, 2-bedroom, 1-bath home of about 2,200 sq. ft., featuring a basement with laundry, a side enclosed patio, a rear patio with hillside steps, and a private path leading to sweeping views of the iconic Hollywood Sign. Always fully occupied, this property has historic charm, strong rental demand, and Beachwood Canyon location. Tenant occupied and do not disturb tenants. Drive by only.
#OC25201494

Los Angeles

2568 N Beachwood Drive

None Beds

None Baths

7,502 Sq.Ft.

$2,995,000

MLS#: OC25201494

Welcome to 1636 S Longwood Ave, a 100% FULLY LEASED Non Rent Controlled, High End and Massive Brand New 2025 Construction Fourplex with an unheard of cap rate of 6.05%, yearly gross income of $226,680 and a monthly gross income of $18,890! The property is located in the ultra trendy Mid-City area, just minutes from Culver City, West Adams and highly desirable area due to its centrality and walkability to coffee shops, grocery stores like Target, Sprouts, gyms, shops, entertainment district and many trendy restaurants. The building features an attractive unit mix of Three-4 bedrooms 4.5 baths and 1-3 bedroom 3.5 baths, ranging from 1,757 square feet to nearly 2,000 square feet on the biggest unit. The total livable 7,462 square foot doesn't include a 865 square feet carport area for 8 cars that can potentially be converted to future ADUS. Each unit feature's efficient open floor plans with huge bedrooms, walk in closets, massive balconies and all units have a ton of natural light. All the units features beautiful vinyl flooring with glossy modern white cabinets, quartz white countertops, large islands that have beautiful waterfalls. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles and each unit is separately metered for utilities to lower expenses for a buyer and easy to manage plus the property comes with 1 year builders warranty. With a total gross square footage of over 8,326, much lower than today's replacement costs and a price per square foot of $415, this is lowest you can find in this Prime Mid City pocket. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles. In addition, the luxury building is located just minutes from the Arts District, Helms Bakery, Cumulus which has the famous Whole Foods, Culver City Steps and Ivy Station, which is home to Apple, Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood. The strong and ultra hot rent desirability and comps are being achieved in this neighborhood, largely due to the by the surrounding tech hubs, providing high-paying salary jobs. Mid-City overall is a very hot market, its centralized location makes it convenient to get all neighborhoods such as Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, Westside/Beach cities or Downtown within minutes and much more. There is a recent sale comp of a similar 4plex property, that sold for $3.4 million making this deal very attractive. The neighborhood has lots of brand new construction close by giving a modern, and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits! DON'T MISS OUT on an amazing deal!
#25587569

Los Angeles

1636 S Longwood Avenue

15 Beds

None Baths

7,462 Sq.Ft.

$3,099,000

MLS#: 25587569

2200 Thurman Ave is a FULLY LEASED, NON-RENT CONTROLLED 2024 fourplex with a REAL 5.71% cap rate. These units have gotten massive demand from high quality tenants due to it's stand out design and unbeatable floorplans. Located next to the trendy Culver City Arts District, this property is just minutes from the trendies shops, galleries, and restaurants—making it a highly desirable investment. With a stabilized gross income of $262,800/year, this property offers strong cash flow and is ideal for 1031 exchange buyers. The larger of the 4-bedroom units are leased at rates of: $5,600/month and the two slightly smaller units are leased at $5,400/month and $5,300/month. The property offers tri-level 4-bedroom, 4-bathroom townhomes, with massive balconies, high ceilings, and premium finishes. The building spans 8,202 sqft, with an excellent price per square foot of $438.31. 8 parking spots are secured behind a gate, adding to the property’s appeal. Additional features include designer tiles, modern appliances, glossy cabinetry, and natural wood waterproof vinyl flooring. With drought-tolerant landscaping, a 1-year builder’s warranty, and separate meters for gas, water, and electricity, this property offers minimal maintenance for the owner. Don’t miss this opportunity to own a high-return property in one of LA’s most desirable neighborhoods. Contact us today to schedule a showing!
#BB25198049

Los Angeles

2200 Thurman Avenue

None Beds

None Baths

8,202 Sq.Ft.

$3,595,000

MLS#: BB25198049

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here