Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 4 BR |
| Bathrooms: | 4 |
| Area: | 2025 sq ft |
| Lot Size: | 0.05 Acres |
Financials
Price:$899,000
Listing Courtesy of Berkshire Hathaway HomeServices California Propert
2945 W 11th St 4BR La
Description
Welcome to 2945 W 11th Street, a classic 1920s fourplex offering vintage charm and modern updates in the heart of Koreatown, one of LA's most vibrant and high-demand rental markets. This building features 4 well designed 1 bedroom, 1 bathroom units. All units are separately metered for gas, electricity, and water, with individual water heaters and in-unit washers and dryers (a rare convenience that tenants love). The property has a newer roof (installed 2022), and one unit has been tastefully renovated with new flooring, cabinetry, retiled bathroom, and updated fixtures. Projected rents of $1,800 per unit provide nearly 70% upside potential with 3 of the units, creating a strong value-add opportunity for savvy investors. Located near trendy dining, shopping, and entertainment in Hollywood & Downtown LA. This property is an opportunity to start investing in real estate or add to your current real estate portfolio.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
