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1211 W 11th St
Los Angeles, CA 90015 Pico-Union

$3,800,000 USD

Apartments For Sale  •  18,494 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,887 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1912
  • Zoning LAC2
95 Transit Score
90 Walk Score

Highlights

Attractively Priced at a 7.42% CAP Rate and a 7.37 GRM for Wood Frame/Stucco Construction
Less Than 400 Feet From LA Live, Crypto.com Arena, LA Convention Center
Several Recent Capital Improvements – New Windows, Entirely New Electrical System, Updated Plumbing, New Front Gate, New Hallway Tile
Separately Metered for Gas and Electricity
Outstanding Opportunity to Add Value – Current Rents Approximately 40% Below Market Rates
Directly Adjacent to Sites of Several 2028 Summer Olympics Events – Numerous Infrastructure Upgrades Scheduled for Local Neighborhood

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Range
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 4.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.3 mi
Transit/SubwayDriveWalkDistance
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 11 min 0.6 mi
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 5 min 17 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 13.6 mi
Bob Hope 26 min - 15.6 mi
Long Beach (Daugherty Field) 28 min - 21.9 mi
Rick Raymundo 818-219-6146 Marcus and Millichap
Rick Raymundo 818-219-6146 Marcus and Millichap