Property Detail

Description

Welcome to 2945 W 11th Street, a classic 1920s fourplex offering vintage charm and modern updates in the heart of Koreatown, one of LA's most vibrant and high-demand rental markets. This building features 4 well designed 1 bedroom, 1 bathroom units. All units are separately metered for gas, electricity, and water, with individual water heaters and in-unit washers and dryers (a rare convenience that tenants love). The property has a newer roof (installed 2022), and one unit has been tastefully renovated with new flooring, cabinetry, retiled bathroom, and updated fixtures. Projected rents of $1,800 per unit provide nearly 70% upside potential with 3 of the units, creating a strong value-add opportunity for savvy investors. Located near trendy dining, shopping, and entertainment in Hollywood & Downtown LA. This property is an opportunity to start investing in real estate or add to your current real estate portfolio.