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1651 W 11th Pl
Los Angeles, CA 90015 Pico-Union

$895,000 USD

Apartments For Sale • 4,904 SF

Property Details

Property Type Apartments
Total Building Size 4,904 SF
Lot Size 0.14 AC
Building Class C
Year Built 1911
Cap Rate 5.76 %
Zoning R4-2, Los Angeles

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                A 4-Unit Value-Add Opportunity Just Outside of Downtown LA
                            
                                All One-Bedroom Units with Living Room, Dining Room, and Laundry Area
                            
                                Over 1,200 Square Feet One-Bedroom Units
                            
                                $182 Price Per Square Foot at the Asking Price
                            
                                ADU Development Potential in the Back of the Lot
                            
                                Separately Metered for Gas and Electric

Financial Summary (Actual)

Net Operating Income: $51,520 USD (2025)

Cap Rate:	5.76 %
Total Expenses:	$26,002 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.2 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	-	3.3 mi
Transit/Subway	Drive	Walk	Distance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	17 min	0.9 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Bob Hope	27 min	-	14.0 mi
Los Angeles International	25 min	-	14.1 mi
Long Beach (Daugherty Field)	31 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate

1651 W 11th Pl Los Angeles, CA 90015 Pico-Union