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House
·
for sale
USD 1,450,000
USD 338/sq.ft
1840 W 11th Place
Mid Wilshire
· 4,284 sq.ft · 6 Baths · House
· Equipped kitchen · Air conditioning · Parking
Mid Wilshire · 4,284 sq.ft · 6 Baths · House · Equipped kitchen · Air conditioning · Parking
The Victorian at 11th Place. A beautifully renovated 1900 Historic Victorian in Pico-Union / Central Los Angeles, offered at $1,450,000. Six legal units operated as 11 income keys (four studios, by-the-bedroom rooms, and an income-producing. 1,000 SF live/work loft), fully renovated with new kitchens, baths, flooring and mini-split A/C. 100% leased at a 7.38% in-place cap rate on the buyer's reassessed tax basis, with on-site laundry and five on-site parking spaces. Additional upside through a rear-yard detached ADU (buyer to verify feasibility) and mark-to-market of the by-the-bedroom rooms. Steps to DTLA, USC and Metro. Buyer to verify all figures, unit legality, square footage and development potential
The Victorian at 11th Place. A beautifully renovated 1900 Historic Victorian in Pico-Union / Central Los Angeles, offered at $1,450,000. Six legal units operated as 11 income keys (four studios, by-the-bedroom rooms, and an income-producing. 1,000 SF live/work loft), fully renovated with new kitchens, baths, flooring and mini-split A/C. 100% leased at a 7.38% in-place cap rate on the buyer's reassessed tax basis, with on-site laundry and five on-site parking spaces. Additional upside through a rear-yard detached ADU (buyer to verify feasibility) and mark-to-market of the by-the-bedroom rooms. Steps to DTLA, USC and Metro. Buyer to verify all figures, unit legality, square footage and development potential
USD 1,450,000