Active

3013 W 11th St

Los Angeles CA, 90006

$1,695,000


$317.18 per sqft

Active

9 Beds

9 Baths

5,344 sqft

Multi-family

Built in 1924

See OM in Docs Section of this listing. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 3013 W 11th St., a nine (9) unit apartment property consisting of three separate buildings built in 1924. The property is located on the corner of 11th St and Harvard Blvd, one block south of Olympic Blvd., in a prime part of Koreatown. The unit mix consists of all 1bed+1bath units. The property contains two 4-plex buildings and a third building with one unit over three parking garages totaling 5,344 building square feet on a 5,907 square foot corner lot. UNIT DETAILS: All the units have well designed floor plans that provide an investor with the opportunity to complete their own renovation plan and significantly increase rents. Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. The largest unit is located above the three garages, making it a unique and private setting for a tenant and the two 4-plex buildings also make the property feel more private and unique than a typical single - structure apartment building. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash and the landlord pays for water. Parking is provided on site seven (7) spaces, including 3 garage spaces and 4 surface spaces. ADU OPPORTUNITIES (BUYER TO VERIFY) * The lef t and middle enclosed garage spaces in the middle building are not being used for parking. A new owner could explore the possibility of an ADU conversion * There is an approximately 350 square foot space in the back of the middle building behind the garages, that is currently being used as storage by the owner. This area can be easily accessed directly from Harvard Blvd. A new owner could also explore the possibility of an ADU conversion here as well. * There is a large surface parking area and open yard space that are together rectangular in shape and totaling approximately just under 800 square feet of land at the east end of the property on 11th St. A new owner could explore the possibility of freestanding ADUs here.

24-462613

MLS ID

November 12, 2024

Listed

November 20, 2024

Updated

Map

3013 W 11th St
Los Angeles CA, 90006

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

9


Appliances

Other


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

Mid-Wilshire


Days on Market

8


Garage

No


Parking

Other


Parking Total

7


View

No


County

Los Angeles


Pool

No


Zoning

LAR4

Listed by Josh Kaplan with Equity Union
Listing Contact: 310-795-0903 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/20/2024

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