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1516 W 11th Pl Los Angeles, CA 90015

View on Map
Pending
$899,000

MULTI_FAMILY - Los Angeles, CA

Property size:
3,700 SF
Lot size:
0.14 Acres
Added:
Feb 13, 2026
Days on Market:
47
Last Refresh:
Apr 1 at 10:06 pm

Property Features for 1516 W 11th Pl

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR4
Bedrooms
9
Bathrooms
5
Rooms
Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 7, Family Room
Parking features
Guest, Driveway
Appliances
Gas, Microwave, Oven
Standard status
Pending
APN
5137-025-017
Size
3,700 SF
Lot size
0.14 Acres

Utilities

Heating system
Central

Building Details

Year built
1912
Floors in Building
2
Number of units
4
Flooring type
Hardwood

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Listing Contact
Cassie Corsaro

Listing agent Cassie Corsaro License #02047543

Listing office Nest Seekers 271 N Canon Drive #1, Beverly Hills, CA

Listing date Feb 13, 2026

MLS# 26651923

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Los Angeles Multifamily Investment Opportunity

Located in Los Angeles, this four-unit multifamily property presents a value-add investment opportunity. The property includes one vacant unit and three tenant-occupied units, providing immediate income. The vacant unit offers the potential for market rent placement or owner-user flexibility. Rent is scheduled to increase 3% in March. The occupied units offer additional long-term rental growth potential, subject to local regulations and rent control. This property is suited for investors looking to implement a strategic repositioning plan and increase overall cash flow. All occupied units will be delivered with tenants in place. Situated in a high-demand rental corridor, the property benefits from strong fundamentals and proximity to Downtown LA, Koreatown, major transit routes, employment hubs, and neighborhood amenities. It is an opportunity for investors seeking income stability with upside potential in a core Los Angeles market. The property size is 3700 square feet, situated on a lot of 0.1435 acres. The zoning is LAR4.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.274505
Latitude
34.046203

FAQs

What type of property is this?
Quadplex - Four-unit property with income potential in prime Los Angeles location.
Where is this quadplex located?
The property is located at 1516 W 11th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Value‑add investment opportunity with immediate income from 3 tenant‑occupied units.; One vacant unit offers day‑one upside through market rent placement or owner‑user potential.; Located in a high‑demand rental corridor near Downtown LA, Koreatown, and major transit routes.
More about this property
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