1651 W 11TH PL, LOS ANGELES, CA 90015

• 4 Large One-Bedroom Units with Living Room, Dining Room, and Laundry Area in Each Unit
• Approximately 1,200 Square Foot Units
• 5.53% Cap Rate with Over 24% Upside in Rents For New Ownership

Executive Summary

4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. Separately metered for gas and electric. Offered at $188/SF with a 5.53% cap rate and 24%+ rental upside. ADU potential in the rear. Prime infill location close to major DTLA attractions and employment centers.