6821 11th Ave, Los Angeles, CA 90043 | For Sale

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For Sale $1,695,000 ($303.76 per Sq Ft)

$1,695,000 ($303.76 per Sq Ft)
  • (0)
  • 8 Units
  • 5,580 Sq Ft
  • 8,500 Sq Ft
  • Unknown Cap Rate

Description

8 units 'across the street' - also attractive and well run, like its big brother. 7 unit in the front building and then a freestanding 3 Bed bungalow-style unit in back. LARGE, 8,500 sq. ft. lot means you can add an ADU, maybe two (BTV) in the spacious parking area between the main building and the bungalow-style unit in the rear. Attractive front lawn and gated-access entry. 6.9% CAP DAY ONE 9% CAP PROFORMA BALANCED UNIT MIX ADD AN ADU (OR TWO) EXCLUSIVELY LISTED AT $1,695,000 PRICE RECENTLY REDUCED SOLD ALONG WITH 26 UNITS AT 6812 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,695,000
Property Type Multi-Family
Usable Sqft 5,580
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1958
Last Sold Unknown
Sold Price Unknown
APN # 4006025023
MLS # 25492615
Property ID 291502773
Lot Sqft 8,500
Zoning LAR3
Total Units 8
Days on Market 12
Original List Price $1,695,000
Date Updated February 05, 2025
Date Created January 28, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 3 2.00 $2,807 $2,807
Unit #2 2 1.00 $1,972 $5,917
Unit #3 1 1.00 $1,553 $6,212
Gross Income (Yr) $ 175,669
Operating Expenses $ 58,836
Net Income (Yr) $ 116,833
Cap Rate 6.89%
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Listing Provided By

Brice Head an agent of . Lic #01330706


© 2025 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of February 05, 2025 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.



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