3171 W 11Th Street, Los Angeles, CA 90006
-
Listed Price :
$1,800,000
-
Beds :
2
-
Baths :
2
-
Property Size :
2,088 sqft
-
Year Built :
1921
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.
Interior Features
| Bedroom Information |
| Bedrooms |
2 |
| Bathroom Information |
| Bathrooms |
2 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
3171 W 11Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90006 |
| County |
Los Angeles |
| Listing Agent |
Dae Young Hur DRE #01489175 |
| Courtesy Of |
Keller Williams Larchmont |
| List Price |
$1,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,088 |
| Lot Size |
7,318 |
| Year Built |
1921 |
Listing information courtesy of: Dae Young Hur, Keller Williams Larchmont. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 12:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
