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1419-1421 1/2 W 11th St
Los Angeles, CA 90015 Pico-Union

$1,855,000 USD

Apartments For Sale  •  6,355 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,355 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1913
  • Zoning LAC1
90 Transit Score
80 Walk Score

Highlights

Located 4 blocks from Crypto.com Arena, L.A. Live, Peacock Theater, and the heart of Downtown LA’s entertainment district
Exceptionally large units — current rent roll reflects 2BR, 4BR, and 5BR configurations — well above submarket average unit sizes
Strong in-place cash flow — current NOI of approximately $112,191 on estimated expenses; 6.1% going-in cap rate at $1,855,000
Meaningful rent-to-market upside — current rents estimated approximately 23% below market on a gross income basis
New roof and extensive unit interior upgrades in 2025
Turnkey investment — long-term stable tenancy

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.8 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)) 9 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 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)) 3 min 20 min 1.1 mi
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 20 min 1.1 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.8 mi
Bob Hope 25 min - 14.4 mi
Long Beach (Daugherty Field) 30 min - 22.0 mi
Darin Spillman 310-592-8269 Kidder Mathews
Darin Spillman 310-592-8269 Kidder Mathews