CA > Los Angeles
Los Angeles, CA 90006,3013 W 11th ST
Los Angeles, CA 90006,3013 W 11th ST
Los Angeles, CA 90006,3013 W 11th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,695,000
Est. payment /mo
9 Beds
9 Baths
5,344 SqFt
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UPDATED:

11/20/2024 01:07 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,344 sqft

Price per Sqft $317

MLS Listing ID 24462613

Bedrooms 9

HOA Y/N No

Year Built 1924

Lot Size 5,906 Sqft

Property Description

See OM in Docs Section of this listing. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 3013 W 11th St., a nine (9) unit apartment property consisting of three separate buildings built in 1924. The property is located on the corner of 11th St and Harvard Blvd, one block south of Olympic Blvd., in a prime part of Koreatown. The unit mix consists of all 1bed+1bath units. The property contains two 4-plex buildings and a third building with one unit over three parking garages totaling 5,344 building square feet on a 5,907 square foot corner lot. UNIT DETAILS: All the units have well designed floor plans that provide an investor with the opportunity to complete their own renovation plan and significantly increase rents. Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. The largest unit is located above the three garages, making it a unique and private setting for a tenant and the two 4-plex buildings also make the property feel more private and unique than a typical single - structure apartment building. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash and the landlord pays for water. Parking is provided on site seven (7) spaces, including 3 garage spaces and 4 surface spaces. ADU OPPORTUNITIES (BUYER TO VERIFY) * The lef t and middle enclosed garage spaces in the middle building are not being used for parking. A new owner could explore the possibility of an ADU conversion * There is an approximately 350 square foot space in the back of the middle building behind the garages, that is currently being used as storage by the owner. This area can be easily accessed directly from Harvard Blvd. A new owner could also explore the possibility of an ADU conversion here as well. * There is a large surface parking area and open yard space that are together rectangular in shape and totaling approximately just under 800 square feet of land at the east end of the property on 11th St. A new owner could explore the possibility of freestanding ADUs here.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Fireplace No

Exterior

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5080025013

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Josh Kaplan • Equity Union

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