Los Angeles, CA 90006,3171 W 11th St
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Los Angeles, CA 90006,3171 W 11th St
Los Angeles, CA 90006,3171 W 11th St
Los Angeles, CA 90006,3171 W 11th St
Los Angeles, CA 90006,3171 W 11th St
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$ 1,690,000
Est. payment /mo
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Active

3171 W 11th St Los Angeles, CA 90006

2 Beds

2 Baths

2,088 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,088 sqft

Price per Sqft $809

MLS Listing ID 24-450909

Bedrooms 2

Year Built 1921

Lot Size 7,318 Sqft

Acres 0.168

Property Sub-Type Multi-Family

Property Description

Exceptional Koreatown Duplex with Development Potential! Located in the vibrant heart of Koreatown, this LAR4-zoned property sits on a 7,316 sqft lot, offering immense potential for both investors and developers. The existing duplex functions as two 2 bed / 1 bath units, each approximately 1,000 sqft with full kitchens, separate living rooms, and in-unit washer/dryer rooms. The property also includes 6 gated parking spaces for convenience and security. Currently, both units generate a combined rental income of $4,000 per month ($2,000 each).Exciting development plans are in place for an 8-unit, 3-story apartment complex. This project, ready to be issued, includes:Ground floor with 12 parking spaces. Second and third floors featuring 4 units each: 3 units (1 bed/1 bath) and 1 unit (2 bed/2 bath) per floorA rooftop outdoor space for added tenant appeal. This is an ideal opportunity to secure a prime property with significant rental income and development upside in one of LA's most desirable neighborhoods.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Above Street Level

Garage Spaces 2.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Larchmont

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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