$885,000
-$14,0001516 W 11th Place, Los Angeles CA 90015
Multi-Family (4 Units)
Property type
123 days
On market
$239
Price per sqft
N/A
Garage
1912
Year built
6,253 sqft
Lot size
Home highlights
Open Houses
Overview
1516 W 11th Place presents a true value-add investment opportunity in the heart of Los Angeles. This 4-unit property includes one vacant unit and three tenant-occupied units generating immediate in-place income. The vacant unit provides day-one upside through market rent placement or owner-user flexibility. Rent will be increased 3% in March. The remaining occupied units offer...
Listing provided by: Cassie Corsaro DRE #02047543, Nest Seekers, Mireya Bañuelos DRE #02119644 310-435-3616, Nest Seekers
Listing updated: Jun 1, 2026 at 08:03pm.
Last checked: Jun 13, 2026 at 09:00pm
Source: CRMLS #26651923
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,329 | $1,329 | $1,329 | Unfurnished |
| 2 | 2 | 1 | — | $1,329 | $1,329 | $1,329 | Unfurnished |
| 3 | 2 | 1 | — | $1,329 | $1,329 | $1,329 | Unfurnished |
| 4 | 3 | 2 | — | $0 | $0 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Financial Snapshot
Gross Rent Multiplier
18.5x
List Price / Annual Gross Rent
Cap Rate
0.0%
NOI / List Price
Net Operating Income: $1
Interior
Room Type: Family Room
Flooring: Wood
Cooling: None
Heating: Central
Appliances: Microwave, Oven
Fireplace: None
Laundry: None
Exterior
Architectural Style: Craftsman
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Property Condition: Fixer, Updated Remodeled
Common Walls: One Common Wall
Security Features: Security Gate
Pool: None
Spa: None
View: City Lights, Courtyard
Garage and Parking
Parking: Driveway, Guest
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5137025017
Zoning: LAR4
Community
HOA: No
Senior Community: No