Los Angeles, CA 90043 6821 11th Avenue
$1,785,000
5 more
Presented By: David Berneman with David Berneman;
Beds • 13
Baths • 9
SQFT • 5,580
Garage • 1
Home Details
Highly desirable 8-unit multifamily asset situated in the Hyde Park neighborhood blocks from up and coming Inglewood. Located walking distance to the new Metro K Line. Property has many upgrades including: security gates, new exterior paint, and three-quarters of the units have renovated interiors with new kitchens, vinyl flooring and baths. The property is a solid investment opportunity with remaining upside and value-add potential to increase rents substantially. This property can also be purchased alongside the property across the street (26-unit) at 6812 11th Avenue.
Presented By: David Berneman with David Berneman;
Interior Features for 6821 11th Avenue
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 6821 11th Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator
Attached Garage No
Cap Rate6.3
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
Days on Market95
DirectionsHyde Park Boulevard and Crenshaw Boulevard
Full Baths
Garage Y/NYes
Gross Income179489.0
HeatingCentral, WallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet8500.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income113120.0
New ConstructionNo
NumberOfUnitsTotal8
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewCityLights
View Y/NYes
Waterfront Y/NNo
Year Built1958
ZoningLAR3
Exterior for 6821 11th Avenue
Building Area Total5580.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1951
Lot Size Area8500.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned, DirectAccess, Driveway, Garage
SpaNo
Total Parking7.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480