3171 W 11th Street
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 7,318 sqft lot
- 1921 build
- – on site
Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.
Last checked:
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Last updated Dec 9, 2024
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MLS# 24450909 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1921
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New Construction:No
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Building Area Total:2088.00
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Total Number Of Units:2
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# of Buildings:1
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Stories Total:1
Interior
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Levels:One
Location
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Directions:Head North on S. Western Ave then East on to W. 11th Street then on immediate left side
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Latitude:34.05100500
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Longitude:-118.30837900
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:7318.0000
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Lot Size Acres:0.1680
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Lot Size SqFt:7318.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5080009019
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway Down Slope From Street
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Parking Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/9/24
Oct 9, 2024
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Listed / Active | CRMLS_CA | $1,800,000 | 20.1% (4.8% / YR) |
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9/1/20
Sep 1, 2020
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Price Changed | CRMLS_CA | ||
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8/8/20
Aug 8, 2020
|
Listed / Active | CRMLS_CA |
