6812 11th Avenue

Los Angeles , CA 90043

MLS#: 25560143

$6,595,000

Status: Active
Listing number: 25560143
Listing provided by: CBRE, Inc.
Listing agent phone: None
Last update: 24 days ago
On site: a month ago
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Property

Beds

56

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

23,874

An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    56

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    No

  • Parking

    Covered

  • Pool

    Yes

  • Pool Features

    Solar Heat

Area & Lot

  • Lot Size(acres)

    0.4681

  • Property Type

    Residential Income

Price

  • Sales Price

    $6,595,000

  • Sq. Footage

    23, 874

  • Price/SqFt

    $276

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Brice Head , CBRE, Inc.

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An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.

6812 11th Avenue

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