Los Angeles, CA 90006,2323 W 11th St
Los Angeles, CA 90006,2323 W 11th St
Los Angeles, CA 90006,2323 W 11th St
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$3,090,000
Est. payment /mo
9 Beds
21 Baths
12,642 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,642 sqft

Price per Sqft $244

MLS Listing ID 25590793

Bedrooms 9

Year Built 1913

Lot Size 6,290 Sqft

Acres 0.1444

Property Sub-Type Multi-Family

Property Description

Investment Opportunity 21-Unit Vintage Multifamily. Adjacent to Koreatown. Step into a rare chance to own a cash-flowing, low-maintenance multifamily asset in one of Los Angeles' most dynamic rental markets. This 21-unit, 3-story brick building offers investors stable income today with substantial upside tomorrow. Unit mix includes 9 spacious one-bedroom apartments + 12 efficient singles. Prime Location adjacent to Koreatown, minutes from Downtown LA, USC, and major transit corridors. Strong Renter Demand surrounded by a dense, vibrant neighborhood with endless dining, shopping, and nightlife. Cash Cow where current tenancy provides steady, reliable cash flow with minimal management headaches. Upside Potential with current below market rents. Vintage architecture with room for modernization, rental growth, and value-add strategies. Low Turnover and easy-to-manage tenants create a stable ownership experience. This property is positioned in one of LA's fastest-growing submarkets, attracting professionals, students, and long-term renters alike. Koreatown continues to experience rising rents, strong absorption, and revitalization projects, making this asset a prime opportunity for long-term appreciation. Ideal for value-add investors seeking to unlock untapped potential while benefiting from strong in-place income

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven

Exterior

Parking Features None

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Epique Realty

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Kirshner Elkin Properties

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hello@kirshnerelkinproperties.com

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