6812 11th Ave, Los Angeles, CA 90043

$6,950,000
58
BD
43
BA
23,874
SqFt
List Price
$6,950,000
MLS#
24-403751
Year Built
1964
Bedrooms
58
Bathrooms
43
Living Sq. Ft
23,874
Lot Size
20,389
Days on Market
36
Property Type
Multifamily
Style
Low Rise
Stories
3

Property Description

Highly desirable 3-story, 26-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: seismic retrofit, newer roof, solar central water heater, security gates, vinyl windows, new exterior paint, and 60 percent 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 (8-unit) at 6821 11th Avenue. There is also potential to add up to 6 ADUs in the carports and garage area.

Additional Information

Other Buildings
None
Kitchen Features
Remodeled
Heat
Wall
Cooling
Air Conditioning, Wall Unit(s)
View
City Lights
Number of Cars in Garage
Direct Entrance, Auto Driveway Gate, Assigned, Driveway
Garage Spaces Total
2
Water
In Street, Meter on Property

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of David Berneman, David Berneman - CA DRE#01912734

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