2003 W 11th Street Los Angeles, CA ^$ 1,190,000

2003 W 11th Street

^$ 1,190,000

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2003 W 11th Street

Los Angeles, CA, 90006

^$ 1,190,000

Bedrooms11 Baths10.0 Sq 6,990

Monthly Estimate*

^$ 8,313

Listed by Silverwood Properties

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Multi-Family Home for sale in Los Angeles, CA

for $1,190,000 with 11 bedrooms and 10 full baths. This 6,990 square foot home was built in 1960 on a lot size of 0.1736.

Suppose you could get an income property that cash-flowed on day one despite high interest rates, had huge upside, was in a good location, had ample parking and had recent inspection reports that show the property has no significant flaws? You would say, "that's impossible. Not in THIS market," right? And you would be correct. But this 10 unit property is the exception that proves the rule! And we have all the "receipts," so to speak and they can all be made available to you BEFORE going into escrow or even writing an offer. As far as location, this is a 5 minute drive from downtown without using the freeway. But I would hurry if I were you, as a "unicorn" such as this will not last on the market long.

Multi-Family Active

Price

^$ 1,190,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1736

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24382269

Days on Market

Features

General

Heating WallFurnace

Cooling None

Zoning LAC1

Year Built 1960

View None

Stories 2

Levels Two

Gross Income 117252.0

County Los Angeles

Net Operating Income 58859.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions Just east of Alvarado and South of Olympic Blvd

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 9.0

Total Units 10

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 7561.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 11th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 2

Standard Status ActiveUnderContract

Year Built Source Assessor

Cap Rate 5.6

Exterior

Parking Features Uncovered

Total Parking 9.0

Lot Size Area 7561.0

Number of Buildings 1

Spa N

Building Area Total 6990.0

Lot Dimensions 50x150

Lot Size Acres 0.1736

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 11

Electric On Property Y/N N

Total Baths 10

Internal Only

Street Number 1 2003

* Excluded Features

List By

Silverwood Properties

Broker

(818) 264-5581

Phone

Affordability Calculator

$8,313

Per Month

Monthly Principal & Interest: $8,313
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,994,800

Percent of Sale Price 68%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2024	$1,190,000		Listed Price

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2003 W 11th Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,190,000 with 6,990 sqft and a lot size of 0.1736. 2003 W 11th Street has 11 bedrooms, 10.0 baths, and was built in 1960. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2003 W 11th Street

Multi-Family Home for sale in Los Angeles, CA

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